Amgen takes back one of three South S.F. buildings - San Francisco Business Times:

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one of three structures that Amgen listed with brokerag Kidder Mathews for sublease inAugusgt 2007. The other two buildings, 331 and 333 Oystet Point Blvd. — a combined 275,000 square feet are still availablefor lease. On Jan. 26, Amgen reportedf a 6 percent increase inadjustecd fourth-quarter earnings, matching Wall Street but said it expected a modest 4 percent earninge growth in 2009 as the company prepares to launch a new, potentially osteoporosis drug. Amgen is on the hook for a 15-yearf lease on the space. Gilead has completed its $137.t5 million acquisition of 301 Velocityu Way inFoster City.
The purchase includes a 163,000-square-fooft building as well as 30 acres of entitled development land, which is slatex to become the biotech firm’s new expanded headquarters. The selled was , a digital printin g company. Michel Seifer and Robert Dmytryko of representedthe seller. In September, the Businesss Times reported that Gilead planned to double its campuwsfrom 629,000 square feet to 1.2 million square adding an additional 1,900 employeesd 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 unitainto contract, including a 59th floor penthous for $10.2 million.
The bursrt of activity follows three months duringy which sales activity at the Millennium was at a a slowdown that prompted the developer to cut prices for all The 15 percent reductions also apply to unit s already in contract prior to theprice cut. “Sop far so good,” said Richard Baumert, managingy director of Millennium Partners. “We had closee to 20 people a daythrough — we couldn’f accommodate everybody.” The 5,555-square-foot penthouses 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 averaged price of $1.5 million.
With the 15 percent the buyer of59A — a woman who askerd not to be identified — savecd $1.8 million. “This person very much wantecd to be inthe building,” said A Pleasanton couple leased a 17,000-square-fooyt warehouse at 6902 Patterson Pass Road, Suite J, in Livermorre to open the East Bay’s first franchiswe of UNITS Mobile Storage. Rick and Donnaz Topp opened the franchise after Rick Topp was laid offfrom ’sw former San Francisco office. The new brancb offers portable containers that individuals or business can rent for temporart storage at the warehouse or on The most popular 16 feet, can hold furniture and items from a 1,500-square-foogt home.
The economic downturn has helped the business, Donna Topp said, because many people are in transitionj when renovating their homes or moving to smallerd homes. Contractors also need to secure materials on a job The couple chose Livermore for its centrapl location within the East Bay and reasonable leasing DonnaTopp said. Michael Lloyd of ’s Pleasantom office representedthe leasee. Mark Dowling of represented the managed by Tom Wagner of HarvestProperty