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CommercialFinanceINDUSTRY news

$400MM Loan Connected to Paramount Group’s 745,000 SQFT Market Center in San Francisco Listed for Sale

By Kate Snyder San Francisco could soon see another office property trade hands in the wake of a loan default. A loan totaling...

Google, Bay Area, San Francisco, One Market, Spear Tower, Visa, Mission Rock, Alphabet, Savills, Silicon Valley
CommercialFeaturedFinanceINDUSTRY news

Google’s $607MM Q3 Real Estate Charge Reflects New Workplace Dynamics

In the third quarter of 2024, Google reported substantial real estate-related expenses, underscoring both its current obligations and long-term lease commitments as it...

San Francisco, Seattle, Oakland, Silicon Valley, Los Angeles, Orange County, San Diego, Inland Empire office leasing
CommercialINDUSTRY news

JP Morgan Chase To Reduce its San Francisco Footprint at One Front Street by ~70%

In the heart of San Francisco’s financial district, a high-stakes game of real estate chess continues to unfold at One Front Street. JP...

KPMG, San Francisco, Paramount Group, Teachers Insurance Annuity Association, Los Angeles, ARA, Tishman Speyer, J.P. Morgan Asset Management, Silicon Valley Bank, Mountain View, Intuit, Bay Area
CommercialFinanceINDUSTRY news

KPMG Signs Lease for Nearly 100,000 SQFT at 505 Howard in San Francisco

By The Registry Staff In a move that solidifies its commitment to San Francisco, KPMG is set to relocate its offices to 505...

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CommercialFeaturedFinanceINDUSTRY news

The Impact of Falling Property Values on San Francisco’s Commercial Real Estate Market

San Francisco’s commercial real estate market is facing unprecedented challenges, with private valuations of distressed properties in the city plunging sharply. Real estate...

Glassdoor, San Francisco, Paramount Group, Salesforce Transit Center, Salesforce Park, BART, Skidmore Owings and Merrill, Rakuten Group, San Mateo, Bay Area
CommercialFinanceINDUSTRY news

Glassdoor Lists Two Floors of Office Space in San Francisco for Sublease

By The Registry Staff Glassdoor has officially listed its remaining office space in San Francisco for sublease, following an announcement from earlier this...

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CommercialINDUSTRY news

Google Won’t Renew 300,000 SQFT Lease at One Market Plaza in San Francisco Adding Further Strain for Owners Paramount and Blackstone

One Market Plaza, a sprawling office complex gracing San Francisco’s waterfront with its gleaming towers, is facing a turning point. Google, a tech...

CommercialFinanceINDUSTRY news

Paramount Faces Challenges in San Francisco, Depreciates 111 Sutter and Market Center to $0

Once a beacon of high growth and substantial investor interest, San Francisco’s real estate sector has encountered lagging performance amidst a changing economic...

CommercialINDUSTRY news

KPMG Plans to Reduce San Francisco Presence with 55 Second St. Sublease

KPMG, one of the global leaders in accounting, is reevaluating its long-standing presence in downtown San Francisco’s office market. The company’s potential departure...

CommercialFinanceINDUSTRY news

Paramount Group, Blackstone Secure Extension for $975MM Loan on One Market Plaza in San Francisco

By The Registry Staff In a strategic move aimed at addressing financial obligations, Paramount Group and Blackstone have successfully negotiated an extension for...

CommercialFinanceINDUSTRY news

Rakuten Group Expands Bay Area Presence with New San Francisco Office in 29,000 SQFT Sublease from Glassdoor

By The Registry Staff San Francisco is seeing new subleasing activity as a Japanese tech giant has opened a new office in the...

CommercialFinanceINDUSTRY news

Paramount Group Anticipates $19.6MM Hit in 2023 Earnings From Two Bank Closings and Their Impact on Leases

By The Registry Staff Paramount Group, the owner of prime office properties in New York and San Francisco, announced that its earnings for...

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