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one of three structures that Amgenb listed with brokerage Kidder Mathewss for sublease inAugust 2007. The otheer two buildings, 331 and 333 Oyster Pointt Blvd. — a combined 275,000 squarde feet — are still available for lease. On Jan. 26, Amge n reported a 6 percent increase inadjusted fourth-quartet earnings, matching Wall Street estimates, but said it expecte d a modest 4 percent earnings growtu in 2009 as the company prepares to launcjh a new, potentially blockbuster, osteoporosis Amgen is on the hook for a 15-yeaf lease on the space. Gilead has completed its $137.5 million acquisition of 301 Velocity Way inFostetr City.
The purchase includes a 163,000-square-foot buildingt as well as 30 acres of entitled development which is slated to become thebiotech firm’ s new expanded headquarters. The seller was , a digital printing Michel Seifer and Robert Dmytryk of represented the In September, the Businesa Times reported that Gilead planned to doublwe its campus from 629,000 square feet to 1.2 million square adding an additional 1,900 employees over the next 10 A week after slashinhg prices by 15 percent at the Millennium Tower at 333 Mission St. in San Francisco, has put sevem more units into contract, includint a 59th floor penthousefor $10.2 million.
The bursyt of activity follows three months during which sales activity at the Millennium was at a a slowdown that prompted the develope r to cut prices forall units. The 15 percent reductions also apply to units already in contractt prior to thepricd cut. “So far so good,” said Richard managing director ofMillennium Partners. “We had close to 20 peoplwe a daythrough — we couldn’t accommodate everybody.” The 5,555-square-foot penthouse that went into contract is 59A, half of the 59th The other six units range from a low of $626,000 to a high of $2.6 million, with an average pricwe of $1.5 million.
With the 15 perceng discount, the buyer of 59A — a womajn who asked not to be identified — saved $1.8 “This person very much wanted to be inthe building,” said A Pleasanton couple leased a 17,000-square-foot warehousew at 6902 Patterson Pass Road, Suite J, in Livermore to open the East Bay’ds first franchise of UNITSd Mobile Storage. Rick and Donnw Topp opened the franchise after Rick Topp was laid offfrom ’es former San Francisco office. The new branchj offers portable containers that individuals or busines can rent for temporary storage at the warehousw oron site.
The most popularf size, 16 feet, can hold furniturse and items froma 1,500-square-foot The economic downturn has helped the Donna Topp said, because many people are in transition when renovating their homese or moving to smaller homes. Contractorz also need to secure materials on ajob site. The couplre chose Livermore for its central location within the East Bay and reasonable leasing rates, Donna Topp said. Michaek Lloyd of ’s Pleasanton officwe representedthe leasee.
Mark Dowling of represented the managed by Tom Wagner of HarvestProperty
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