Colliers Wins 11 Management Contracts

WALNUT CREEK, CA-Colliers International says it recently secured 11-one year property management and leasing contracts. The contracts cover more than 255,000 sf of space in the San Francisco Bay Area.

“Our team has done a great job of growing in each of these markets,” says Mike Strle, vice president and managing partner of The Real Estate Management Services Group of Colliers. “We have demonstrated sustained growth over the past two years to almost 9 million sf of space.”

Among the newly signed properties are:

— the 40,859-sf Atrium Building, a Class B office/retail property located at 15th Street and Broadway in Oakland and occupied by the Women’s Assistance Agenda Project. Strle tells GlobeSt.com current monthly lease rates run between $2.50 per sf and $3.00 per sf.

— the 57,600-sf Wiget Lane Building, owned and occupied by the United Clerical Pension Fund (UCPF). The Class B office space is located at 150 and 190 N. Wiget Lane in Walnut Creek.

— The Towne Center Apartments, located at 400 Soto Street in Martinez and owned by The CC Ventures in Oakland. The 43,560-sf multifamily complex has more than 40 units.

–Seven other retail, office and industrial properties in the East Bay totaling 13,973 sf and owned by AB Development Co. which is headquartered in Lafayette. The space includes retail, office and industrial space.

Colliers Real Estate Management Services (REMS) group provides a variety of real estate-related services such as agency leasing, property management, asset management, management practices and lease administration. It currently manages more than 8.8 million sf of office, retail, industrial, multi-family and facilities in Northern California, Reno, Las Vegas and Austin, TX.