This article distills a North Bay Business Journal Commercial Real Estate Report into a concise, reader-friendly update on leasing and sales activity across Marin, Napa, Sonoma, Solano, Mendocino, and Lake counties.
It highlights marquee deals, notable tenants, and the brokers driving deals in the North Bay. Marin County towns like San Rafael, Novato, and Petaluma get a special focus, along with nearby communities.
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North Bay Commercial Real Estate Snapshot
The North Bay market still shows a strong appetite for industrial, office, and retail space across Marin County and its neighbors. The latest CRE report covers leases, sales, square footage, and broker activity from San Rafael up through Santa Rosa and into Napa and Ukiah.
We’re seeing a mix of mid-size commitments in Marin’s business corridors and a few big industrial transactions further north. The region’s economy feels pretty buoyant as local businesses expand or relocate.
Keegan & Coppin, W Real Estate, and SVN keep showing up as the go-to leasing and selling agents. Their active broker network keeps Marin’s cities like San Rafael, Novato, and Petaluma closely tied to the North Bay’s larger industrial and logistics hubs.
Notable Leases Across Marin and Beyond
Here are some marquee leases that show the ongoing demand for industrial, office, and flex-space across the North Bay. Marin businesses are definitely part of the bigger regional picture.
- 26,196-sq.-ft industrial space in Petaluma leased to Absolute Volleyball Club.
- 21,724-sq.-ft industrial lease in Santa Rosa to Omnia Technologies USA Ltd.
- 3,000-sq.-ft industrial lease in Napa at 568 N. Bay Drive.
- 1,600-sq.-ft office lease to Walden Wines at 700 Franklin St., Napa.
- 8,240-sq.-ft lease in Sonoma County by AdaptHealth at 1825 Ferdinand Court.
- 6,840-sq.-ft lease in the same complex by Joel Rossman Enterprises.
- Smaller office and retail leases around Marin and Novato, including Keegin Harrison LLP’s 5,003-sq.-ft extension in San Rafael and several sub-2,500-sq.-ft leases for local businesses and nonprofits.
Significant Property Sales
The report also notes several high-impact sales shaping Marin’s commercial landscape and nearby markets.
- A 268,765-sq.-ft industrial parcel in Santa Rosa sold to National Storage Tank.
- A $7.5 million retail sale on Napa’s First Street totaling 5,670 sq. ft.
- In Novato, a 23,087-sq.-ft industrial property at 998 Rush Creek Place traded for $1.1 million.
- A nearly one-acre land parcel in Ukiah changed hands for $1.3 million.
Who’s Facilitating the North Bay CRE Activity
A tight circle of brokers specializing in industrial, retail, and office space propel the North Bay’s leasing and sales momentum. The report highlights these key players:
- Keegan & Coppin
- W Real Estate
- SVN
Jeff Quackenbush put this compilation together for the North Bay Business Journal’s Commercial Real Estate Report. His work gives it a regional perspective that Marin County readers will probably recognize from recent developments in San Rafael, Novato, and Petaluma.
Why This Matters for Marin County Communities
If you live or run a business in San Rafael, Novato, Petaluma, or Larkspur, the latest CRE report probably caught your eye. There’s still plenty of room to grow—maybe that’s expanding a warehouse in Petaluma’s industrial parks or upgrading your office in San Rafael’s high-tech corridors.
Some folks are looking for the right spot for a distribution hub near Novato’s highway access. Meanwhile, strong deals in Santa Rosa and Napa just add to Marin’s reputation as a key place for logistics, manufacturing, and professional services.
Larger industrial moves are happening up in Santa Rosa and across the North Bay corridor. That shift means Marin’s small businesses suddenly have better supply options.
Well-funded buyers and tenants keep hunting for smart footholds in Marin City communities and along the Petaluma Valley corridor. The North Bay’s CRE scene—think firms like Keegan & Coppin, W Real Estate, and SVN—really keeps Marin’s commercial pulse alive, even as the region keeps shifting.
Compiled by Jeff Quackenbush for the North Bay Business Journal’s Commercial Real Estate Report. This snapshot shows where Marin’s towns fit in the current cycle of leases and sales, and what that means for local job centers, warehouse clusters, and downtown retail in San Rafael, Novato, Petaluma, and beyond.
Here is the source article for this story: Businesses on the move in Marin, Napa, Solano, Sonoma, Mendocino and Lake counties: April 3 report
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