• Thu. Feb 22nd, 2024

    Exploring Commercial Real Estate Deals in Marin and Sonoma Counties

    ByNuala Hafner

    Jan 30, 2024
    Exploring Commercial Real Estate Deals in Marin and Sonoma Counties

    Commercial real estate deals in Marin and Sonoma counties are shaping the landscape of these regions. From leases to sales, businesses are making moves to secure office, retail, and industrial properties. Here are some notable transactions:

    Leases in Marin County:
    – Alfaman leased 5,700 square feet of industrial space at 46 Hamilton Drive in Novato. The deal was facilitated by Theo Banks and Nathan Ballard from K&C. (Nov. 30, 2023)
    – Seafarer secured 3,878 square feet of office space at 60 E. Sir Francis Drake Blvd. in Larkspur, with the assistance of Matt Storms from K&C. (Nov. 21, 2023)
    – E29 Marketing leased 1,976 square feet of office space at 55 La Goma in Mill Valley. Matt Storms from K&C played a role in the transaction. (Dec. 13, 2023)

    Sonoma County leases:
    – County of Sonoma acquired 40,746 square feet of office space at 463 Aviation Blvd. in Santa Rosa, with Kevin Doran from K&C involved in the deal. (Nov. 7, 2023)
    – The Acorn Café LLC secured 4,528 square feet of retail space at 124 Matheson St. in Healdsburg, in a transaction facilitated by Rhonda Deringer and Brian Keegan from K&C. (Oct. 3, 2023)
    – Kurt Kniffen and Stacy Witbeck leased 2,539 square feet of office space at 5555 Skylane Blvd. in Santa Rosa. Shawn Johnson from K&C was involved in the transaction. (Nov. 16, 2023)

    Sales in Sonoma County:
    – Spirit Residential Group LLC purchased 30,768 square feet of retail and residential land at 500 Hopper St. in Petaluma. Jeffrey Wilmore from K&C played a role in this transaction. (Dec. 29, 2023)
    – College Square LLC acquired a 7,200-square-foot office property at 327-343 College Ave. in Santa Rosa. The deal was facilitated by Doug Braik from K&C. (Jan. 12, 2024)

    These transactions demonstrate the dynamic nature of the commercial real estate market in Marin and Sonoma counties. Businesses are strategically securing spaces to support their growth and operations. With the assistance of real estate professionals, companies are finding opportunities to create a strong presence in these regions. Whether it’s leasing industrial spaces or acquiring retail properties, the commercial real estate landscape is evolving, and these deals are a testament to the ongoing growth in Marin and Sonoma counties.

    FAQ – Commercial Real Estate Deals in Marin and Sonoma Counties

    1. What are some notable lease transactions in Marin County mentioned in the article?
    – Alfaman leased 5,700 square feet of industrial space at 46 Hamilton Drive in Novato.
    – Seafarer secured 3,878 square feet of office space at 60 E. Sir Francis Drake Blvd. in Larkspur.
    – E29 Marketing leased 1,976 square feet of office space at 55 La Goma in Mill Valley.

    2. Which organization acquired office space in Sonoma County?
    – The County of Sonoma acquired 40,746 square feet of office space at 463 Aviation Blvd. in Santa Rosa.

    3. Who secured retail space in Healdsburg?
    – The Acorn Café LLC secured 4,528 square feet of retail space at 124 Matheson St. in Healdsburg.

    4. What sales transactions took place in Sonoma County?
    – Spirit Residential Group LLC purchased 30,768 square feet of retail and residential land at 500 Hopper St. in Petaluma.
    – College Square LLC acquired a 7,200-square-foot office property at 327-343 College Ave. in Santa Rosa.

    Definitions
    – Industrial space: Refers to properties specifically designed and used for industrial purposes, such as manufacturing, production, and storage facilities.
    – Office space: Refers to commercial properties used primarily as offices for various businesses and organizations.
    – Retail space: Refers to properties used for the sale of goods or services to consumers.
    – Lease: A contract in which one party (the lessee) agrees to rent a property from another party (the lessor) for a specified period of time.

    Related Links
    K&C – The website of K&C, a real estate agency mentioned in the article, for more information about their services and other commercial real estate deals.
    Marin County – The official website of Marin County, providing information about the region, including real estate resources.
    Sonoma County – The official website of Sonoma County, offering insights on the area’s commercial real estate market and related resources.