Tishman Speyer Sells 138,000 SQFT Downtown Mountain View Office Building to Spear Street Capital for $121.5MM
Tishman Speyer has cashed out of one of its longest-held Silicon Valley assets, handing 400 Castro Street to Spear Street Capital at a...
SFO Taps W.E. O’Neil–Nibbi Joint Venture for $132MM Overhaul of 421,000 SQFT Superbay Hangar
San Francisco International Airport has awarded the W.E. O'Neil–Nibbi Joint Venture a roughly $132 million progressive design-build contract to modernize its Superbay Hangar,...
California Forever Acquires 701 Main Street and Two Downtown Lots in Suisun City, Leasing Them Back to the City for $1 a Year
The developer behind the proposed new Solano County city has taken title to its first pieces of downtown Suisun City, converting a year-old...
Simon Property Group Launches Ad Business, Turning Bay Area Mall Traffic Into a Media Play
Simon Property Group, owner of Northern California retail anchors including Stanford Shopping Center and the Great Mall of the Bay Area, has stood...
Smith Development Advances 60,000 SQFT Speculative Office at Palo Alto’s 2525 Park Blvd
Smith Development is pressing ahead with one of the few ground-up office projects to advance in Silicon Valley since the pandemic, wagering that...
San Francisco Bucks the Coastal Squeeze as New Apartments Add 35 SQFT
San Francisco stands out as one of the only major coastal markets where new apartments have grown larger over the past decade, a...
DM Development, Thompson Builders Move to Break Ground This Fall on 168-Unit 321 Florida in San Francisco’s Mission
A joint venture of DM Development and Thompson Builders is moving to break ground this fall on 321 Florida, a nine-story, 168-unit apartment...
Santa Clara Weighs Annexing San Jose Land for 408-Unit University Station
Santa Clara planning staff have recommended that the City Council approve a four-part entitlement package for University Station, a 408-unit project that would...
Sequoia Living, Heritage on the Marina Enlarge Plan to 120-Unit Senior Community Behind Julia Morgan Landmark in San Francisco
A revised application from Sequoia Living and Heritage on the Marina would double the height of a long-planned addition to the century-old Marina...
Humanoid Robotics Maker Apptronik Leases 27,000 SQFT in Sunnyvale’s Peery Park
Apptronik, the Austin-based developer of the Apollo humanoid robot, has leased roughly 27,000 square feet at 640 West California Avenue in Sunnyvale, extending...
Mana Investment Pushes 116-Home Builder’s Remedy Project on Gilroy’s Hecker Pass Through Draft EIR
Carlsbad-based Mana Investment is using California's Builder's Remedy to force a 116-home subdivision onto 24 acres of Gilroy farmland, and the release of...
Hacienda Preserves Robust Performance through August 2026
Hacienda, the premier mixed-use hub in Northern California, showed resilient market health throughout August 2026. While space utilization dipped slightly over the month...
Simon Property Group Launches Ad Business, Turning Bay Area Mall Traffic Into a Media Play
Simon Property Group, owner of Northern California retail anchors including Stanford Shopping Center and the Great Mall of the Bay Area, has stood...
San Francisco Bucks the Coastal Squeeze as New Apartments Add 35 SQFT
San Francisco stands out as one of the only major coastal markets where new apartments have grown larger over the past decade, a...
Sacramento Multifamily Roars Back With $578MM in First-Half Sales, Its Strongest Run Since 2022
Greater Sacramento's apartment market delivered its most active investment stretch in four years during the first half of 2026, as $578 million in...
California Clears Plug-In Solar Bill, Rewriting the Power Equation for Bay Area Renters and Landlords
California lawmakers sent SB 868 to Gov. Gavin Newsom on Aug. 26, clearing a path for renters and multifamily owners across PG&E's Northern...
California Strikes Data Center Energy Deal, Shifting Bay Area Grid Costs Onto Operators
California lawmakers finalized a two-bill compromise Friday ordering regulators to write dedicated electricity rates for data centers, a framework that lands hardest in...
San Jose Advances Rename of Downtown’s 2.3-Acre Plaza de César Chávez to Plaza de San Jose
San Jose is on the verge of renaming its oldest and most prominent downtown gathering space, a 2.3-acre civic anchor surrounded by the...
Northern California Commercial Real Estate News
Hacienda Preserves Robust Performance through August 2026
Hacienda, the premier mixed-use hub in Northern California, showed resilient market health throughout August 2026. While space utilization dipped slightly over the...
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Tishman Speyer Sells 138,000 SQFT Downtown Mountain View Office Building to Spear Street Capital for $121.5MM
Tishman Speyer has cashed out of one of its longest-held Silicon Valley assets, handing 400 Castro Street to Spear Street Capital at a...
New York’s Bluerock Pays $330.8MM for HPE’s Former Juniper HQ in Sunnyvale Sale-Leaseback
A New York investment firm has locked up more than two decades of guaranteed rent from one of the world’s largest technology companies...
SFF Realty Partners Buys AllianceBernstein’s 154,000 SQFT 2390 Mission College Blvd. in Santa Clara for $44.25MM
The 153,549-square-foot Class A tower that AllianceBernstein seized from PCCP in a 2025 foreclosure has traded for $44.25 million, roughly doubling the lender's...
Bezos’ Project Prometheus Signs 100,000 SQFT Manufacturing Lease in West Oakland
Jeff Bezos’ stealth AI startup has landed in West Oakland just as East Bay industrial landlords report renewed demand from the exact category...
Google Seeks 250MW for San Jose Chip R&D Hub, a Power Load Rivaling an Entire Bay Area County
Google's push to power a sprawling chip-testing complex in North San Jose has collided with California's fight over who foots the bill for...
Northern California Sidelined in Data Center Boom as Power Limits Push Capacity to Texas
Northern California, the birthplace of Silicon Valley, now holds barely 1 gigawatt of data center capacity and does not rank among North America's...
Coblentz Expands Construction and Litigation Capabilities with the Arrival of New Partner Raymond Buddie
San Francisco-based law firm Coblentz Patch Duffy & Bass LLP is pleased to welcome Raymond Buddie to the firm’s partnership. Ray brings more...
Mohr Partners Taps East Bay Veteran Kam Schroeder as First President of Brokerage
Mohr Partners has recruited longtime East Bay broker Kam Schroeder to fill a newly created President of Brokerage post, betting on a 20-year...
Kilroy Realty CFO Jeffrey Kuehling Exits as Eliott Trencher Takes Interim Finance Helm
Kilroy Realty Corporation said Chief Financial Officer Jeffrey Kuehling is departing the Los Angeles-based office and life science REIT effective immediately, handing interim...
Redwood City Elevates Two Veteran Insiders to Lead Public Works and Sustainability Push
Redwood City has handed the keys to its sprawling public works operation to two longtime insiders, promoting Adrian Lee to services director and...
San Francisco Downtown Development Corp. Taps Housing-Finance Veteran to Lead Office-to-Housing Conversion Push
The San Francisco Downtown Development Corp. has recruited longtime Enterprise Community Partners director Geeta Rao as its first vice president of real estate,...
McNellis: One House, One Spouse — A Guide to CRE Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
Watch Rents Rise
By John Cumbelich Our firm recently completed a Q2 survey of the region’s 25 flagship Power Centers, in which we reported that occupancy...
McNellis: In Denial Over the New Normal
By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...
California Never: A New City That Keeps Changing Its Mind
Five identities in three years, zero houses, and one very nervous neighbor. Opinion by Billy the Broker (I just want to stay anonymous)...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for $1.2B
TMG and Grove step in as operating partners on a 140-acre, six-campus R&D platform even as vacancy climbs and per-square-foot pricing lags well...
KKR Buys 636-Unit Lynhaven Apartments in San Jose for $346.5MM
San Jose’s apartment market absorbed its third above-average per-unit sale in recent weeks as KKR paid $346.5 million for the 636-unit Lynhaven, a...
Sacramento Multifamily Roars Back With $578MM in First-Half Sales, Its Strongest Run Since 2022
Greater Sacramento's apartment market delivered its most active investment stretch in four years during the first half of 2026, as $578 million in...
Intel Scraps Folsom Campus Sale-Leaseback, Keeps 161.8-Acre Site as AI Demand Fuels Turnaround
Two years after putting its seven-building Folsom research and lab campus up for a sale-leaseback amid mass layoffs and a company-wide cost-cutting push,...
STG Group Buys Eight Floors of San Francisco’s 1155 Market for $8MM, a Decade After $80MM Peak
A Petaluma value-add investor has taken control of the troubled lower half of 1155 Market Street for a fraction of its boom-era worth,...
California Clears Plug-In Solar Bill, Rewriting the Power Equation for Bay Area Renters and Landlords
California lawmakers sent SB 868 to Gov. Gavin Newsom on Aug. 26, clearing a path for renters and multifamily owners across PG&E's Northern...
Mountain House Developers Lands $305MM Credit Facility from Avila for 3,000 Lots in California’s Newest City
Three years after borrowing to buy CalPERS out of one of the pension giant's most punishing real estate bets, the developer of Mountain...
Ashford’s 178-Key Hilton Santa Cruz/Scotts Valley Escalates to Court-Appointed Receivership Sale, Seven Years After $50MM Buy
Ten months after the only full-service Hilton in Santa Cruz County was quietly put on the market following a mortgage default, the sale...
