Silicon Valley
Transnational Management Buys 88,000 SQFT Kohl’s Site in Gilroy Crossing for $12.6MM
Transnational Management adds a longtime South Bay department store to a national retail buying spree as Farallon and Raider Hill trim their stake...
336-Unit The Fay in San Jose Acquired for $175MM in Post-Foreclosure Bet
A discounted purchase paired with a city-subsidized leasing program aims to rescue a downtown tower that opened to acclaim, then nearly half-emptied. Two...
Mentone, Manresa Bread Land Inaugural Leases at 68,000 SQFT Junction Project in Los Gatos
Michelin-recognized chef David Kinch and James Beard finalist Avery Ruzicka anchor the Spur Building with 7,170 square feet, validating Harmonie Park’s bet on...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom
The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco’s AI-led...
Ellis Partners, Baupost Group Buy 637,000 SQFT Great America Commons in Santa Clara for $310MM
A San Francisco–Boston partnership paid 42 percent above the property’s assessed value, a bet that wagers Santa Clara’s office rebound has further to...
All-Cash Buyer Acquires 15-Unit Hawthorne Apartments in Palo Alto for $10.15MM
The downtown Palo Alto multifamily property traded at $676,667 per unit after a months-long marketing process, signaling continued investor appetite for trophy Silicon...
California Added 28,700 Jobs in March as Unemployment Eased to 5.3%
State posted strongest start to a calendar year since 2022 as health services led gains while professional and business services pulled back, according...
San Francisco Captures 80% of U.S. AI Venture Capital as Office Leasing Snaps Back
AI tenants leased 10.6 million square feet in San Francisco since 2019, equivalent to roughly 15 Salesforce Towers, pushing net absorption to 3.2...
Liccardo Lands Four Bills in Bipartisan Housing Package as House Clears 21st Century ROAD to Housing Act
The Silicon Valley freshman placed more bills in the sweeping supply-side measure than any other Democratic newcomer, sending the package back to the...
Farallon Capital Acquires Four Pacific Shores Center Buildings Totaling 686,000 SQFT in Redwood City for $140MM
The hedge fund bought three buildings from Google and a fourth from DivcoWest across the 686,000-square-foot tranche, backed by a $173.6MM ACORE loan...
JLL Forecasts Bay Area Rent Surge and Robotics Boom as VC Investment Captures 79% of US Total
JLL research director Alexander Quinn told East Bay leaders that an AI-fueled investment wave is driving record rents, a manufacturing revival and a...
E. Barbano Enterprises Files Plans to Redevelop Restaurant Site Into Seven-Story Housing Project in Campbell
The Saratoga-based developer’s evolving proposal for 980 East Campbell Avenue would replace a beloved pandemic-casualty restaurant with hundreds of apartments and ground-floor retail...
