Highway 101

McCarthy and IQHQ Mark Milestone Topping Out on Spur Phase One in South San Francisco

Retrieved on: 
Tuesday, April 16, 2024

SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- McCarthy Building Companies, Inc., in collaboration with IQHQ, VFR, Perkins&Will and design-build trade partners, raised the final beam today on Spur Phase One located at 580 Dubuque Avenue in South San Francisco. The Class A, high-tech life science all-electric building holds immediate adjacency to both Highway 101 and the South San Francisco Caltrain Station. The eight-story structure now enters the exterior phase through September before construction completion – expected in early 2025.

Key Points: 
  • SAN FRANCISCO, April 16, 2024 /PRNewswire/ -- McCarthy Building Companies, Inc., in collaboration with IQHQ, VFR, Perkins&Will and design-build trade partners, raised the final beam today on Spur Phase One located at 580 Dubuque Avenue in South San Francisco.
  • The Class A, high-tech life science all-electric building holds immediate adjacency to both Highway 101 and the South San Francisco Caltrain Station.
  • Spur Phase One represents a significant milestone in the development of South San Francisco's urban landscape, offering a cutting-edge facility designed to meet the evolving needs of the science and technology industries.
  • "Our harmonious partnership with IQHQ has been pivotal in the success of Spur Phase One" said McCarthy Project Director Thomas Kooiker.

PXG Opens First Retail Store & Golf Club Fitting Studio In California

Retrieved on: 
Tuesday, February 20, 2024

SCOTTSDALE, Ariz., Feb. 20, 2024 /PRNewswire-PRWeb/ -- PXG, a global research and development company dedicated to creating the world's finest golf equipment and apparel, continues down its path of strategic store expansion with its first brick-and-mortar venture in California. A premier golf destination, PXG East Bay™ will support custom club fittings for PXG® equipment and a top-quality apparel and accessory shopping experience for golf and active lifestyle enthusiasts across the San Francisco Bay Area.

Key Points: 
  • A premier golf destination, PXG East Bay™ will support custom club fittings for PXG® equipment and a top-quality apparel and accessory shopping experience for golf and active lifestyle enthusiasts across the San Francisco Bay Area.
  • The area boasts over 57 golf courses, including the exceptional Bridges Golf Club, a world-class facility, and a top satellite location for PXG fittings.
  • The store also features an expansive retail showroom fully stocked with PXG's latest and greatest apparel, accessories, golf balls, and golf bags.
  • To learn more about PXG or to schedule a golf club fitting for PXG's latest technology, including the award-winning new PXG 0311® Black Ops™ Drivers , visit http://www.pxg.com .

Granite Selected for Approximately $23 Million Surface Replacement Project along Highway 101

Retrieved on: 
Tuesday, July 18, 2023

Granite (NYSE:GVA) has been awarded an approximately $23 million contract by the California Department of Transportation (Caltrans) to upgrade Highway 101 in Mendocino, California.

Key Points: 
  • Granite (NYSE:GVA) has been awarded an approximately $23 million contract by the California Department of Transportation (Caltrans) to upgrade Highway 101 in Mendocino, California.
  • Project funding will come from the Federal Highway Administration (FHWA) and is expected to be included in Granite’s second quarter CAP.
  • The plant will supply 56,000 tons of Hot Mix Asphalt (HMA) and 38,000 tons of Rubberized HMA for this project.
  • The plant will supply 56,000 tons of Hot Mix Asphalt (HMA) and 38,000 tons of Rubberized HMA for this project.

Nordstrom Rack to Open Five New California Stores in Davis, Elk Grove, Gilroy, Oceanside and San Mateo

Retrieved on: 
Thursday, April 13, 2023

(NYSE: JWN) announced plans to open four new Nordstrom Rack stores in 2024 and one in 2025.

Key Points: 
  • (NYSE: JWN) announced plans to open four new Nordstrom Rack stores in 2024 and one in 2025.
  • The new stores will be located in Davis, Elk Grove, Gilroy, Oceanside and San Mateo, California.
  • With the addition of these five new locations, Nordstrom will operate 68 Nordstrom Rack stores, 23 Nordstrom stores, five Nordstrom Locals and one asos | Nordstrom in California.
  • Earlier this week, Nordstrom announced its plans to open a new Nordstrom Rack store in Elk Grove, CA at The Ridge Elk Grove in spring 2024.

KB Home Announces The Grand Opening of Cordillera, A New-Home Community in Gilbert, Arizona

Retrieved on: 
Friday, January 6, 2023

KB Home (NYSE: KBH) today announced the grand opening of Cordillera, a new community of single-family homes in popular Gilbert, Arizona.

Key Points: 
  • KB Home (NYSE: KBH) today announced the grand opening of Cordillera, a new community of single-family homes in popular Gilbert, Arizona.
  • The community is situated on East Riggs Road, just west of Higley Road near Loop 202 and Highway 101.
  • View the full release here: https://www.businesswire.com/news/home/20230106005440/en/
    KB Home announces the grand opening of Cordillera, a new-home community in Gilbert, Arizona.
  • “Our Cordillera community is situated in popular Gilbert, Arizona and convenient to highly rated schools as well as popular shopping, dining, entertainment and outdoor recreation.

Gemini Rosemont adds Peninsula Life Science Center eight-story office building to portfolio in all cash transaction

Retrieved on: 
Thursday, December 22, 2022

Gemini Rosemont purchased the office building from Sansome Street Advisors and Gordon Brothers in an all cash transaction fully funded in partnership with Gemini Investments, an investment company listed on the Hong Kong Stock Exchange.

Key Points: 
  • Gemini Rosemont purchased the office building from Sansome Street Advisors and Gordon Brothers in an all cash transaction fully funded in partnership with Gemini Investments, an investment company listed on the Hong Kong Stock Exchange.
  • The property is 98 percent leased and anchored by three growing life science tenants.
  • "The acquisition of Peninsula Life Science Center is Gemini Rosemont's first foray into the life sciences niche, which is one of the fastest growing sectors in the U.S. economy," said Jason Kuester, chief operating officer.
  • "Peninsula Life Science Center is a well-located, fully stabilized property with upside potential that exceeds our investment mandate," said Tenzin Tsungmey, president of the West Coast region.

Lowe in Partnership With Related Fund Management Completes 113,000-Square-Foot Office Building in Heart of LA Arts District

Retrieved on: 
Friday, October 7, 2022

A joint venture between Lowe and Related Fund Management (RFM) announced today that it has completed construction of a 113,000-square-foot, nine-story office building located in the vibrant Arts District of downtown Los Angeles.

Key Points: 
  • A joint venture between Lowe and Related Fund Management (RFM) announced today that it has completed construction of a 113,000-square-foot, nine-story office building located in the vibrant Arts District of downtown Los Angeles.
  • The building also features open 14-high floorplates, floor-to-ceiling glass, and efficient systems and solar panels allowing for reduced utility costs.
  • The Arts District Metro station, to be constructed at 6th Street and Santa Fe Avenue, is just one-half mile from the property.
  • Learn more at www.2130Violet.com
    Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm.

LMC Announces Start of Leasing for Residences Kierland

Retrieved on: 
Tuesday, July 26, 2022

SCOTTSDALE, Ariz., July 26, 2022 /PRNewswire/ -- LMC, a wholly owned subsidiary of Lennar Corporation [NYSE: LEN] and a leader in apartment development and management, today announced the start of leasing at Residences Kierland, a mid-rise spa-centric community in Scottsdale's burgeoning Kierland neighborhood. 

Key Points: 
  • SCOTTSDALE, Ariz., July 26, 2022 /PRNewswire/ -- LMC , a wholly owned subsidiary of Lennar Corporation [NYSE: LEN] and a leader in apartment development and management, today announced the start of leasing at Residences Kierland, a mid-rise spa-centric community in Scottsdale's burgeoning Kierland neighborhood.
  • "Residences Kierland offers the comprehensive retreat and respite that renters can typically only dream of coming home to at the end of the day," said Scott Johnson, division president mountain southwest for LMC.
  • Residents are within easy reach of many of the region's top employers, making Residences Kierland an unparalleled place to live and work."
  • Residences Kierland sits mere blocks from the east-west Frank Lloyd Wright Boulevard and North Pima Road (Highway 101) providing easy accessibility to Mesa, Tempe and Phoenix.

Bobcat Company Announces Investment in New Assembly Plant in Rogers, Minnesota

Retrieved on: 
Tuesday, May 10, 2022

Bobcat Company (Bobcat), a global leader in the compact equipment industry, today announced plans for a new assembly plant in Rogers, Minnesota, a northwest suburb of Minneapolis-Saint Paul.

Key Points: 
  • Bobcat Company (Bobcat), a global leader in the compact equipment industry, today announced plans for a new assembly plant in Rogers, Minnesota, a northwest suburb of Minneapolis-Saint Paul.
  • This investment will add an additional 225,000 square feet in production capacity and enable the company to streamline efficiencies across its manufacturing footprint in the Midwest region.
  • In addition, the company plans to add more than 100 new, full-time positions at this location in 2022.
  • (Photo: Business Wire)
    This investment further demonstrates our commitment to our presence in Minnesota, while supporting the growth we are experiencing in the marketplace, said Mike Ballweber, president of Doosan Bobcat North America.

Montecito Medical Acquires Perimeter Center Commons

Retrieved on: 
Friday, January 21, 2022

Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Perimeter Center Commons, a medical office complex located at 17300 North Perimeter Drive in North Scottsdale, Arizona, in the Phoenix metro area.

Key Points: 
  • Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of Perimeter Center Commons, a medical office complex located at 17300 North Perimeter Drive in North Scottsdale, Arizona, in the Phoenix metro area.
  • The company developed Perimeter Center Commons in 2019 and will continue to manage the property.
  • This outstanding asset has all of the key attributes we look for in strategically acquiring medical office properties, said Bryan Brown, Senior Vice President of Acquisitions at Montecito Medical.
  • Montecito Medical is one of the nations largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate.