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one of three structures that Amgen listed with brokeragre Kidder Mathews for sublease inAugust 2007. The other two buildings, 331 and 333 Oystert Point Blvd. — a combined 275,000 square feet are still available for On Jan. 26, Amgen reported a 6 percenft increase inadjusted fourth-quarter earnings, matchin g Wall Street estimates, but said it expected a modest 4 perceny earnings growth in 2009 as the company prepares to launchh a new, potentially blockbuster, osteoporosis Amgen is on the hook for a 15-year lease on the Gilead has completed its $137.5 million acquisition of 301 Velocity Way in Foster City.
The purchasde includes a 163,000-square-foot building as well as 30 acress of entitled development which is slated to becomer thebiotech firm’s new expanded headquarters. The seller was , a digita l printing company. Michel Seifer and Robert Dmytryk of representefthe seller. In the Business Times reported that Gilead plannex to double its campusfrom 629,000 square feet to 1.2 millio square feet, adding an additionaol 1,900 employees over the next 10 years. A week after slashing prices by 15 percent at the Millennium Tower at 333Mission St. in San has put seven more units into including a 59th floor penthousefor $10.
2 The burst of activityu follows three months during which sales activity at the Millenniuk was at a a slowdown that prompted the developedr to cut prices for all units. The 15 percent reductionxs also apply to units already in contract prio to theprice cut. “So far so good,” said Richar Baumert, managing director of Millennium Partners. “We had close to 20 people a daythrougnh — we couldn’t accommodate everybody.” The 5,555-square-foot penthouse that went into contracty is 59A, half of the 59th The other six units range from a low of $626,000o to a high of $2.6 million, with an average price of $1.5 million.
With the 15 percent discount, the buyer of 59A a woman who asked not to beidentified — saved $1.8 “This person very much wanted to be in the said Baumert. A Pleasanton couple leased a 17,000-square-foot warehousew at 6902 PattersonPass Road, Suite J, in Livermorr to open the East Bay’xs first franchise of UNITS Mobile Storage. Rick and Donna Topp opened the franchise after Rick Topp was laid offfrom ’sa former San Francisco office. The new brancy offers portable containers that individuals or businesds can rent for temporary storage at the warehoused oron site. The most populadr size, 16 feet, can hold furniture and items froma 1,500-square-fooyt home.
The economic downturn has helped the DonnaTopp said, because many people are in transition when renovatingg their homes or moving to smaller homes. Contractors also need to securse materials on a job The couple chose Livermore for its central locationn within the East Bay and reasonableleasing rates, Donnz Topp said. Michael Lloydd of ’s Pleasanton office representefdthe leasee. Mark Dowling of representeds the landlord, managed by Tom Wagner of HarvestProperty
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