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September 24, 2010

Solyndra Awarded Deal of the Year for Third Time

Santa Clara, CA - GVA Kidder Mathews announced Solyndra's deal won Deal of the Year at the Silicon Valley/San Jose Business Journal's annual 2010 Structures Awards this week, which marks the third time the deal has been honored this year. The Structures Awards program honors top players in 15 categories covering real estate, development, construction and design. Olenchalk, vice president in GVA Kidder Mathews' Peninsula office, exclusively represented Solyndra, a solar panel design and manufacturing company.

Solyndra's $45 million, 12-year lease for 506,500 square feet in Fremont, CA, which was completed in October 2009, is the largest manufacturing/industrial transaction in the Bay Area in the last 20 years. The Solyndra deal has also been awarded for Best Industrial Deal of the Year 2009 by the San Francisco Business Times last March, as well as 2009 Deal of the Year by the Association of Silicon Valley Brokers last February.

About GVA Kidder Mathews: GVA Kidder Mathews is the fastest growing commercial real estate firm in the Bay Area, and one of the largest full-service independent firms on the West Coast with over 400 professionals and staff in 9 offices including downtown San Francisco, Redwood Shores, and Santa Clara, as well as locations in Washington and Oregon. The firm provides a full array of brokerage, appraisal, property management, consulting, sustainability practices, forestland services, and construction and development management services. They performed $6 billion in transactions over the last 3 years, manage over 25 million square feet of space, and conduct 1,000 appraisals annually. For more information, go to: www.gvakm.com

For inquiries, please contact Karen Benoit at 206.296.9600 or email: kbenoit@kiddermathews.com

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