{"id":1004472982,"date":"2020-08-24T04:49:34","date_gmt":"2020-08-24T12:49:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004472982"},"modified":"2025-02-26T03:09:30","modified_gmt":"2025-02-26T11:09:30","slug":"nkf-arranges-bay-area-office-lease-renewal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-bay-area-office-lease-renewal\/","title":{"rendered":"NKF Arranges Bay Area Office Lease Renewal"},"content":{"rendered":"
\"\"<\/a>

20 Davis Drive. Image courtesy of Newmark Knight Frank<\/em><\/p><\/div>\n

Newmark Knight Frank has arranged an 85,000-square-foot lease renewal at 20 Davis Drive, an office building in Belmont, Calif. Vice Chairman Ben Stern, along with Executive Managing Directors Jon Cannon and Joe Hamilton represented the tenant, RingCentral. Executive Managing Director Mike Moran and Executive Director Clarke Funkhouser of Cushman & Wakefield acted on behalf of the landlord.<\/p>\n

Built in 1980, the Class A building features a floor-to-ceiling glass atrium, full-service kitchen and on-site cafe. The property also includes parking at a ratio of 3.5 spaces per 1,000 square feet. According to Yardi Matrix, The Raiser Organization is the owner of the asset.<\/p>\n

Located on nearly 6 acres in San Mateo County, the three-story building is 2 miles from Interstate 280 and 14 miles from San Francisco International Airport. Carlmont Village Shopping Center, the nearest retail hub, is approximately 1 mile to the east.<\/p>\n

In June, an NKF team including Stern assisted biotech firm GRAIL Inc. to find a suitable city and site for to establish a $100 million laboratory facility<\/a>. The property in Durham, N.C., is scheduled to open in 2021.<\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, simply fill in <\/em>our short form<\/em><\/strong><\/a> or send your deal to <\/em>deals@cpe-mhn.com<\/em><\/strong><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Vice Chairman Ben Stern, along with Executive Managing Directors Jon Cannon and Joe Hamilton represented tenant RingCentral in the 85,000-square-foot deal.<\/p>\n","protected":false},"author":868,"featured_media":1004365520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21742,21747,1609,15],"tags":[32799,36007,50086],"class_list":["post-1004472982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-latest","category-office","category-san-francisco","category-west","tag-cushman-wakefield","tag-newmark-knight-frank","tag-ringcentral-inc"],"acf":[],"yoast_head":"\nNKF Arranges Bay Area Office Lease Renewal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-bay-area-office-lease-renewal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NKF Arranges Bay Area Office Lease Renewal\" \/>\n<meta property=\"og:description\" content=\"Vice Chairman Ben Stern, along with Executive Managing Directors Jon Cannon and Joe Hamilton represented tenant RingCentral in the 85,000-square-foot deal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-bay-area-office-lease-renewal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-24T12:49:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T11:09:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/11\/CPE-Brokers-Corner-827x400.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"827\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sergiu Inizian\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-bay-area-office-lease-renewal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-bay-area-office-lease-renewal\/\",\"name\":\"NKF Arranges Bay Area Office Lease Renewal - 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