Press Releases
Basin Street Properties Continues Leasing Activity with the Addition
of Stonebridge Research Group to Napa Valley Gateway
PETALUMA, CALIF., Sept. 22, 2008 – Basin Street Properties, a prominent Northern California and Northern Nevada real estate investor of commercial and mixed-use properties, has added a new tenant to its Napa Valley Gateway Business Park. Stonebridge Research Group, a premium provider of business advisory services to the wine industry, signed a three year lease occupying 2,318 sq. ft. at 550 Gateway Dr., effective November 1, 2008.
“We are continuing to see leasing activity across all of our properties, and we are pleased to welcome Stonebridge Research Group as the newest tenant to the Basin Street roster,” said Scott Stranzl, vice president of leasing for Basin Street Properties. “After reviewing Stonebridge’s real estate and business needs, it was clear that the Napa Valley Gateway Business Park was the ideal fit. Its central location, in the heart of the wine country, was one of the main attractions that will enable the company to be in close proximity to its wine industry clientele.”
Napa Valley Gateway Business Park is located at the intersection of Highways 12 and 29 in Napa, just six miles from the Interstate Highway 80 corridor linking San Francisco and Sacramento. Adjacent to the building is the Napa Corporate Airport and the Chardonnay Golf and Country Club.
“Office space in Napa is scarce. In our industry, we wanted to find a location that was reasonably priced and accessible to our wine industry clients. We look forward to calling Napa Valley Gateway our new home,” said Barbara Insel, president and chief executive office of Stonebridge Research. “Basin Street has been very supportive and cooperative in helping us finalize the details and get situated in advance of our November move-in date.”
Basin Street Properties represented themselves in the deal while Matt Bracco, of Cushman & Wakefield, represented Stonebridge Research Group.
Stonebridge Research Group™ LLC is a premium provider of business advisory services to the wine industry. Stonebridge Research services enables the industry to increase competitiveness, expand markets and improve efficiency and is an authoritative source of
research, data and insight into the business of wine and the key trends and forces driving the industry. For more information, visit www.stonebridgeresearch.com.
Basin Street Properties, headquartered in Petaluma, Calif., is one of Northern California’s and Northern Nevada’s prominent developers, investors and managers of commercial properties. Basin Street has become widely recognized for its office, retail and mixed use developments. Founded more than 30 years ago, the company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information on Basin Street Properties, please call 775.329.4131 or visit www.basin-street.com.
