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AECLife ScienceNews Releases

McCarthy Building Companies Tops Out Gilead Sciences’ 180,000 SQFT Technical Development Center in Foster City

Milestone marks major progress on five-story, 180,000-square-foot facility FOSTER CITY, Calif., April 13, 2026 — McCarthy Building Companies, Inc. (McCarthy), recently celebrated the...

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CommercialFeaturedINDUSTRY news

San Francisco Peninsula Office Market Hits 60,000 SQFT Positive Absorption as Leasing Activity Rebounds in Q1 2026

Rising rents and renewed tenant demand signal early stabilization, even as vacancy climbs to 24.9 percent across the region A year of uneven...

Aerial view of residential Foster City, CA
CommercialINDUSTRY newsLeasing

Replit Renews and Expands 147,000 SQFT Foster City HQ Amid $9 Billion Valuation Surge

The AI-powered coding platform doubles down on its San Francisco Peninsula office footprint as demand for vibe coding tools and agentic software creation...

Aerial view of residential Foster City, CA
CommercialINDUSTRY newsLeasing

Industrious Leases 23,000 SQFT at Foster City’s Metro Center as Bay Area Coworking Push Accelerates

The CBRE-owned coworking operator’s fourth Bay Area location in a year targets Peninsula workers who relocated during the pandemic and have resisted commuting...

Hmart asian grocery store facade and sign with Asian woman and shopping cart
INDUSTRY newsLeasingRetail

H Mart Opens 39,000 SQFT Dublin Retail Center as Bay Area Asian Grocer Wave Intensifies

Korean supermarket chain converts former hardware store into food-anchored shopping destination, capturing momentum in retail segment driven by demographic shifts and investor appetite....

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FeaturedINDUSTRY newsLife Science

San Francisco Bay Area Life Sciences Market Turns Absorption Positive as Vacancy Reaches 27.8%

The region posted its first year of net occupancy gains after 2 consecutive years of losses, driven by large-block leasing and user purchases...

Building with a clear sky outline
CommercialFeaturedFinanceINDUSTRY news

Hudson Pacific Posts $278MM Quarterly Loss as Bay Area Portfolio Occupancy Holds at 70.6 Percent Amid Looming Lease Roll

REIT extends streak of quarterly losses with $572MM full-year deficit while 22-property Northern California platform faces significant Google, Salesforce expirations in 2027-2028 Hudson...

White apartment buildings
FinanceINDUSTRY newsResidential

Essex Property Trust Posts 4.2% Revenue Growth in Northern California, Leads Company Performance

REIT invests heavily in Silicon Valley and Peninsula markets as supply constraints tighten, Santa Clara County leads with 5.2 percent revenue growth Essex...

Apartment building
FinanceINDUSTRY newsResidential

Essex Property Trust Acquires 250-Unit 1250 Lakeside in Sunnyvale for $143.5MM

Essex caps strong acquisition year with Silicon Valley apartment buy as West Coast markets show accelerating rent growth Essex Property Trust closed out...

1001 E Hillsdale Foster City
CommercialFinanceINDUSTRY news

Heitman to List 400,000 SQFT Parkside Towers Office Campus in Foster City

Investment firm seeks exit from Class A Peninsula property after decade-long hold amid stabilizing but challenged market Heitman will be putting Parkside Towers,...

Redwood shores lagoon, San Francisco bay area, California
AECFeaturedFinanceIndustrialINDUSTRY news

San Francisco Peninsula Industrial and R&D Markets Show Split Performance as 2025 Ends

Industrial vacancy declines for second straight quarter while R&D posts first improvement in over two years amid strong capital markets activity The San...

Asian supermarket shelves
AECINDUSTRY newsRetail

Tokyo Central to Open First East Bay Location as Asian Supermarket Boom Transforms Bay Area Retail Landscape

The 40,000-square-foot store joins at least seven Asian grocery chains expanding in the region, driven by demographic growth and changing retail dynamics Tokyo...

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