Fall Volunteer Event: Habitat Restoration in the Presidio

Thank you to everyone who participated in yet another successful NAI event, our Fall Volunteer Day: Habitat Restoration in the Presidio on Friday, November 7th! We had an incredible turnout, and it was a great opportunity to not only bond as a company, but also to give back to our San Francisco community. We helped enhance rare native plant habitats and maintain important wildlife corridors in the Presidio, which is home to 20 rare plant species, including five protected by the Endangered Species Act. Participating in habitat restoration by removing invasive species and re-vegetating with native plants is the most proactive way to help conserve this landscape.
Click here to see more photos from the event!

The Golden Gate Nation Parks Conservancy is a community-supported nonprofit organization dedicated to transforming places—and people—through conservation and improvement of the Golden Gate National Parks. Their mission is to preserve these remarkable national parks, enhance the park visitor experience, and build a community dedicated to conserving the parks for the future.

Please visit www.parksconservancy.org to find out how you can help.

Santa Clara moves child services to big space at Ridder Park

The county of Santa Clara’s Department of Child Support Services is on the move.

The county has signed a 10-year lease for 83,841 square feet at the Ridder Park Technology Center at 880 Ridder Park Drive in San Jose. The department, which occupies 152,000 square feet at 2851 Junction Drive in San Jose, is slated to take occupancy on Nov. 1.

It’s the second big chunk of space to go at five-building Ridder Park this year. Expression College for Digital Arts signed for a 64,893-square-foot R&D/office building at 1751 Fox Drive and was slated to move in this month.

Asking rents in the area for this type of space are in the $1.25 to $1.95 per foot range, said Douglas Sharpe, managing director/senior vice president for NAI Northern California, who represented the county. According to public records, the county will pay $1.45 per square foot with 2.5 percent annual increases and will pay no rent the first 10 months.

Sharpe said the county was attracted to the property because it is located close to public transit and freeway access. “And it’s not too far away from other county functions, which was important to them because of the children’s services,” he said.

Steve Horton and Kelly Yoder with Cassidy Turley, in collaboration with Sherman Chan and Jeff Houston of CBRE, represented the landlord, Hines, a Houston-based real estate developer, in the transaction.

Three blocks of space remain at Ridder Park totaling about 250,000 square feet, said Horton of Cassidy Turley.

“We have good activity on the balance of the project,” he said.

The county’s former site at Junction Drive is being marketed for sale or lease by Phil Mahoney and Jesse Millman of Cornish & Carey Commercial Newmark Knight Frank.

Silicon Valley / San Jose Business Journal

NAI Secures 83,841 SF / Ten Year Lease for the County of Santa Clara

August 14, 2012, San Jose, CA – Douglas Sharpe, Senior Vice President and Managing Director of NAI Northern California, San Jose Office, has assisted the County of Santa Clara’s Department of Child Support Services in the acquisition of their newest home at 880 Ridder Park Drive in San Jose.  The 83,841 square foot, 10 year lease, with Hines Interests L.P. Property Management Group was officially approved by the County Board of Supervisors on August 7, 2012.  The approval came just in time for the full scope of tenant improvements to be made to the property for the scheduled November 1st, 2012 move in. The Department of Child Services is currently located in a 152,000 square foot building at 2851 Junction Drive in San Jose, CA.

Douglas Sharpe, MCR, LEED AP, joined NAI Northern California in March of 2012 as the Senior Vice President and Managing Director of the newly established San Jose office. His experience with major projects for public organizations, private high net worth individuals, government, and Fortune 500 Companies shines through with his leadership and was clearly demonstrated with this recent industry high transaction.

“Since joining NAI Northern California in March 2012, Doug Sharpe’s positive contributions to both his clients and NAI were immediately apparent. Transactions of this size and complexity demand a high degree of integrity, experience, and leadership”, James Kilpatrick, President.

About NAI

NAI Northern California is full service commercial real estate services firm in the San Francisco Bay Area and part of NAI Global, the largest managed network of Commercial Real Estate Brokerage Service firms in the World. Recognized as one of the Top 25 Commercial Real Estate Firms by the East Bay and San Francisco Business Times, NAI Northern California provides comprehensive brokerage, leasing, debt, advisory, and property management services for corporate end users, property owners, developers, investors, and financial institutions.