Mattress maker Zinus houses its U.S. sales, marketing and distribution operations in the East Bay. It recently expanded into San Leandro. 

Blanca Torres
Reporter- San Francisco Business Times

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Zinus Inc., a mattress and bedding distributor, took 116,017 square feet in the Fairway Industrial Center at 1951 Fairway Drive in San Leandro.

The company plans to expand from its current 48,000-square-foot space at 30799 Wiegman Road in Hayward, which serves as its U.S. sales and marketing base.

Zinus, based in Asia, also has offices in Canada, China and Korea. It makes mattresses, pillows, sleep foundations and slippers sold in stores such as Target, Bed Bath Beyond, Sam’s Club and Walmart.

The company’s San Leandro deal is one of the largest inked this year in the East Bay.

“The commercial real estate market is showing continued signs of improvement,” said Greig Lagomarsino, a broker with Colliers International who represented the landlord, Loma Verde Properties along with Todd Severson and Nick Ousman of the same firm. “Many Bay Area companies are back in expansion mode and this transaction is indicative of the market today. This facility provides an excellent opportunity to accommodate Zinus’ current and future expansion needs.”

Fairway Industrial Center contains 288,000 square feet with about 38,638 square feet available for lease.

Blanca Torres covers East Bay real estate for the San Francisco Business Times.

Article source: http://www.bizjournals.com/sanfrancisco/blog/real-estate/2013/04/zinus-inc-takes-116000-sf-in-san.html

San Francisco, CA (PRWEB) June 23, 2012

Sunny Thiara of The Beverley Group, a company that offers real estate services throughout San Leandro, Danville, Dublin and Pleasanton, seeks to find anyone’s dream home and sell houses quickly. Most importantly, he does it all and works hard for all of his clients. This is exemplified in Thiara’s relationship with Pratt, a Cisco accountant.

“He came to me with three requests: to sell his parents’ house, find investment property for him and help him with a great deal on his mortgage,” Thiara said. “I accomplished all three within two weeks.”

The Beverley Group offers a boutique environment for those looking to purchase, sell or handle luxury real estate, bulk sales, short sales and listings. It also handles all aspects of real estate, but primarily focuses on providing clients with representation and consultation as they conduct their real estate transactions.

The real estate company’s top performing agents make every effort to understand the client’s real estate needs, whether it’s to handle the short sale process on different properties, locate properties that have strong returns or offer real estate advice on the value of specific properties. As a company that provides boutique-type treatment, its experience and advice is at anyone’s disposal.

For more information about The Beverley Group’s Bay Area luxury homes, real estate listings or services, call 925-478-3456 or view the real estate company on the Web at http://www.beverleygrp.com. The Beverley Group is located at 1201 Fourth St. in San Francisco.

About The Beverley Group Real Estate Services

The Beverley Group provides boutique real estate representation to businesses and individuals in the Bay Area. It offers client consultation on a variety of real estate matters, from short sales, bulk home sales, luxury real estate properties and more. The Beverley Group serves the areas of San Leandro, Danville, Dublin, Pleasanton, Alamo, Tiburon and Sausalito.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebluxury-homes/bay-area/prweb9634035.htm

Article source: http://www.sfgate.com/business/prweb/article/San-Francisco-Real-Estate-Company-The-Beverley-3657362.php

But others will be closing their doors next month, despite the movie-rental chain’s last-minute reprieve from liquidation.

A $229 million deal to turn Blockbuster over to a group of hedge funds and Blockbuster bondholders was agreed to by a New York bankruptcy judge, after disgruntled creditors, including movie studios and Yahoo, signed on to a revised deal.

That means 17 Blockbuster stores out of 24 listed in the inner Bay Area will stay open, at least for a while longer. “We’re fine, we’re fine,” said a sales clerk in the Alameda store.

Of those scheduled to shut their doors in April, three are in San Francisco – on Church Street, Geary Street and 16th Street in Potrero Hill – and one each in Albany, San Leandro and Alamo.

But there could be more. The company, once the world’s largest movie-rental outlet, with 9,100 stores, reported a loss of $64.8 million in the last quarter. Under the purchase agreement signed with the hedge fund group last month, Blockbuster said 609 of its remaining 3,300 U.S. stores were to be shut as part of an “initial liquidation.”

A sales clerk at the Daly City Blockbuster, not currently on the list, said she’d been told hers might close in November. On the other hand, the Pinole store, which is on the list, might be re-evaluated, a sales clerk there had heard.

To what extent the new owners are re-evaluating remains to be seen. Having made what is called a “stalking horse” bid for the Dallas company, they might be looking to flip the property for a higher price.

Asked what she’s going to do in April, a sales clerk at the Church Street store replied, “Stand on a street corner, hope people feel sorry for me and give me money.”

Coincidence?: Turns out the scheduled auction of the Westin San Francisco, which we noted in Thursday’s column, is off. The creditor seeking the foreclosure suddenly got the $22 million loan owed by the hotel’s owners, a Goldman Sachs real estate entity and a Dallas private-equity firm.

“The borrower paid off the loan in full (Wednesday) night,” said an attorney for the Carlton Group, a foreclosure and debt restructuring firm, after it had posted the auction notice that morning on behalf of its client, Deutsche Bank.

All this occurred after we made inquiries – which got the silent treatment – and a small item appeared in the Wall Street Journal.

News of the payment was e-mailed to interested parties Thursday morning, and showed up in bold capital letters on the Carlton Group’s website, over the original notice of the auction.

Dare we say The Chronicle gets results?

Cold decaf: Remember how hard Peet’s Coffee Tea tried to buy Diedrich Coffee, the Castroville (Monterey County) roastery and chief supplier to the fast-growing single-cup coffee market?

The Emeryville chain thought it had the $226 million deal closed in November 2009, when along came Green Mountain Coffee, known for its Keurig single-cup coffee dispensers and K-cup portion packs, and snatched it out of Peet’s hands with a better offer.

Adding insult to injury, the Vermont company on Thursday signed a partnership deal with Starbucks, under which the latter’s coffee (and its Tazo tea) will be sold in Green Mountain’s K-cups portion packs at Starbucks’ 11,000 outlets, plus supermarkets, drugstores and other retail establishments throughout North America.

Instant reaction: Green Mountain shares up 41 percent at the close of trading Thursday; Starbucks up 10 percent.

Peet’s, down 11.5 percent.

Good trade: Nice numbers for California’s exporters. They had the best January ever, according to trade figures released Thursday by the U.S. Commerce Department.

The state’s $11.75 billion worth of exports marked a 14.5 percent increase over January 2010, driven by both manufactured goods, and especially raw materials and agricultural products. This was in line with U.S. exports which rose to record levels. But other states did even better, with California’s share of the nation’s export pie falling, according to an analysis of the Commerce Department data by San Rafael’s Beacon Economics. (sfg.ly/iiE5jW)

Future prospects may depend on the price of oil, said Jock O’Connell, Beacon’s international trade expert.

“Economies tend to go wobbly and global supply chains start experiencing serious palpitations whenever oil futures float much over the $100 a barrel mark,” he said.

Job grievance: It’s not exactly hi-ho, hi-ho, and off to work we go these days in the Golden State.

According to a just-released survey of “work environment well-being” in the nation’s 50 states, California dropped from sixth to 21st place. No. 1: South Dakota, followed by Nebraska, Montana, Wyoming and North Dakota. Unsurprisingly, “work environment well-being” was down nationally.

“Healthy behavior” and “emotional health” improved, however, while “physical health” stayed about the same in the latest Gallup-Healthways Well-Being Index, which measures good feelings in a number of categories.

The most well-being state overall, according to its rolling survey of 1,000 Americans: Hawaii. Other states feeling pretty good include Alaska, Colorado, Minnesota and Utah. California comes in at No. 18. (sfg.ly/hPBymj).

Blogging: www.sfgate.com/ columns/bottomline. Facebook page: sfg.ly/doACKM. Tweeting: @andrewsross. E-mail: bottomline@sfchronicle.com.

This article appeared on page D – 1 of the San Francisco Chronicle

Article source: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/03/10/BU5C1I7HHK.DTL