San José Opens $177MM Dewatering Facility, Shrinking 500-Plus Acres of Sludge Lagoons to a 10-Acre Site
The cities of San José and Santa Clara cut the ribbon on a $177 million mechanical dewatering plant at their jointly owned Alviso...
MidPen Housing Opens $155MM, 176-Unit Ira D. Hall Square at Sunnyvale’s Lawrence Caltrain Station
MidPen Housing and a coalition of city, county, state and bank backers cut the ribbon on Ira D. Hall Square, a seven-story, 176-unit...
AI Data Center Conversion Floated for 350,000 SQFT Former Bloomingdale’s at Shuttered San Francisco Centre
San Francisco building officials received an AI data center permit inquiry for the vacant Bloomingdale’s at 845 Market St. months before the city...
Intuitive Surgical Leases 47,000 SQFT at 1150 Kifer Road in Sunnyvale After Selling Nearby Parcels to Fortinet
Intuitive Surgical leased 46,849 square feet at 1150 Kifer Road in Sunnyvale, one of the largest Bay Area life sciences deals of the...
San Francisco Hits 10 Quarters Without New Office Construction as Related’s 390,000 SQFT The Jackson Lines Up to Break Ground
San Francisco has gone 10 straight quarters without a single square foot of office space delivered or under construction, and Related California's 41-story...
Sierra College Opens $107MM, 358-Bed Sierra Hall Student Housing in Rocklin
About $218 million in state lease revenue bond authority remains for future community college student housing, and Sierra College's new 123,000-square-foot hall opened...
Sacramento Industrial Sales More Than Triple as Market Absorbs 348,000 SQFT
Sacramento's industrial market absorbed nearly 348,000 square feet in the third quarter and nudged vacancy down to 6.1 percent, while investors traded about...
Sacramento Industrial Sales More Than Triple as Market Absorbs 348,000 SQFT
Sacramento's industrial market absorbed nearly 348,000 square feet in the third quarter and nudged vacancy down to 6.1 percent, while investors traded about...
Charles Schwab Leases 20,000 SQFT at 2001 N Main St in Downtown Walnut Creek
Charles Schwab has signed a 20,207-square-foot direct lease at 2001 N Main St in downtown Walnut Creek, joining a cluster of financial firms...
Millennium’s 263-Room M Social Hotel Sunnyvale Sets December Opening, Eight Years After Groundbreaking
A Silicon Valley hotel that broke ground before the pandemic is finally set to open. The 263-room M Social Hotel Sunnyvale arrives as...
Rockpoint Puts Renovated 403,000 SQFT 100 Pine Tower on the Block in San Francisco’s Financial District
Rockpoint has tapped JLL to sell 100 Pine, the 33-story Front Street tower it bought for $287.5 million in 2017, pitching buyers a...
Hacienda Maintains Momentum with Steady September Leasing Activity
Hacienda, the premier mixed-use business hub in Northern California, maintained steady momentum in September 2026, with space utilization edging upward and leasing activity...
San Francisco Hits 10 Quarters Without New Office Construction as Related’s 390,000 SQFT The Jackson Lines Up to Break Ground
San Francisco has gone 10 straight quarters without a single square foot of office space delivered or under construction, and Related California's 41-story...
Sacramento Industrial Sales More Than Triple as Market Absorbs 348,000 SQFT
Sacramento's industrial market absorbed nearly 348,000 square feet in the third quarter and nudged vacancy down to 6.1 percent, while investors traded about...
Robotics Leasing Blows Past 5MM SQFT in 2026, Tripling JLL’s Bay Area Forecast
JLL's top Northwest researcher bet that robotics companies would lease at least 1.5 million square feet this year, but the physical AI sector...
Bay Area Lab Sublease Vacancy Falls to 3.7% as Direct Vacancy Climbs, Shifting the Glut to Landlords
Bay Area life science tenants have pulled sublease vacancy down to 3.7 percent even as direct vacancy climbed to 20.1 percent, a pattern...
San Jose Adds 15,000 Jobs in 2026, but Only About 1,000 Fill Office Desks
The San Jose metro is forecast to grow employment 1.3 percent this year, yet Marcus & Millichap expects office-using sectors to contribute only...
California Leads Nation as K-12 School Solar Doubles, New Generation180 Census Finds
California added more solar capacity at its K-12 schools over the past five years than most states have installed in total, cementing the...
Northern California Commercial Real Estate News
Hacienda Maintains Momentum with Steady September Leasing Activity
Hacienda, the premier mixed-use business hub in Northern California, maintained steady momentum in September 2026, with space utilization edging upward and leasing...
Continue ReadingIntuitive Surgical Leases 47,000 SQFT at 1150 Kifer Road in Sunnyvale After Selling Nearby Parcels to Fortinet
Intuitive Surgical leased 46,849 square feet at 1150 Kifer Road in Sunnyvale, one of the largest Bay Area life sciences deals of the...
Mission Bay Office Asking Rents Hit Record $130.90 Per SQFT as SOMA Rates Jump 32% Year Over Year
San Francisco office landlords are pricing their remaining large blocks like a seller's market again, driving Mission Bay/China Basin asking rents to a...
TMG Partners, KKR Buy Vacant 435K SQFT Skyport Plaza in San Jose for $75.5MM, Sign 30-Year Lease with Santa Clara County
Two empty office towers in North San Jose formerly occupied by Qualcomm have found a buyer and a tenant at the same time....
Savills: Silicon Valley Office Leasing Hits Post-Pandemic High of 4.9 Million SQFT
Silicon Valley office leasing more than doubled year over year to 4.9 million square feet in the third quarter of 2026, with Sunnyvale...
Savills: Silicon Valley Office Leasing Hits Post-Pandemic High of 4.9 Million SQFT
Silicon Valley office leasing more than doubled year over year to 4.9 million square feet in the third quarter of 2026, with Sunnyvale...
Thornberg Warns Bay Area Housing Faces ‘Bust Side’ as Mortgage Rates Climb Past 7%
Speaking at Star One Credit Union's third annual Bay Area Real Estate Forecast in Campbell, Beacon Economics founder Christopher Thornberg argued that an...
JLL Names Capital Markets Chief Mark Gibson Its First U.S. Country CEO, Taps Kevin MacKenzie as Successor
JLL has elevated Mark Gibson, the former HFF chief who has run its Americas capital markets business for seven years, into a newly...
HR&A Advisors Adds Former Biden White House Aide David Eichenthal to Sharpen Public Budget Practice
HR&A Advisors has brought on David Eichenthal, a veteran of the Biden White House, the U.S. Treasury and city finance offices from New...
Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion
Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...
Woodmont Real Estate Services Taps Lilian Betancourt Norlin as Commercial Regional Manager for Peninsula, South Bay Portfolio
Belmont-based Woodmont Real Estate Services has hired Lilian Betancourt Norlin as a commercial regional manager, handing her a mix of office, industrial and...
Port of Oakland Taps Oakland Native Carl Cade as Chief Real Estate Officer to Lead Waterfront Revitalization
The Port of Oakland has handed control of its real estate portfolio, from Jack London Square to the Oakland Airport Business Park, to...
Salad Days
By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
McNellis: Real Estate Beyond the Basics
A mortgage broker heard our talk to Menlo College students and wrote back with a sharper point: in commercial real estate, the real...
The Exit for the Rent-Capped Building
Prop 13 keeps him in. Rent control starves him. Prop 19 took away the ending he was counting on. There's a third door,...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
LVMH’s Louis Vuitton USA Buys 38,000 SQFT Former Saks Building in San Francisco’s Union Square for $48MM
The U.S. arm of LVMH’s flagship fashion house has bought the six-story former Saks men’s store at 220 Post St. for $48 million,...
High Street Residential, Barings Announce Groundbreaking on 501-Unit Apartment Phase at Redwood City’s ELCO Yards
High Street Residential and Barings have started construction on two apartment buildings at Redwood City's ELCO Yards, moving the downtown district's long-delayed housing...
Sutter Health Advances 850,000 SQFT, 302-Bed Hospital on Former Santa Clara Office Campus
The 302-bed medical center would anchor Sutter’s $2.8 billion two-campus expansion in Silicon Valley, the largest investment in the health system’s history. Sutter...
Samsung Buys 68,000 SQFT R&D Building Near North San Jose Campus for $29.5MM
Samsung has bought a power-equipped R&D building near the Tasman light rail station in North San Jose as CBRE reports demand for Silicon...
Robotics Leasing Blows Past 5MM SQFT in 2026, Tripling JLL’s Bay Area Forecast
JLL's top Northwest researcher bet that robotics companies would lease at least 1.5 million square feet this year, but the physical AI sector...
Bay Area Lab Sublease Vacancy Falls to 3.7% as Direct Vacancy Climbs, Shifting the Glut to Landlords
Bay Area life science tenants have pulled sublease vacancy down to 3.7 percent even as direct vacancy climbed to 20.1 percent, a pattern...
San Jose Unveils Strict Data Center Rules With $50,000-Per-Megawatt Fee and Potable-Water Cooling Ban
San Jose has rolled out draft rules for data centers and other facilities drawing at least 20 megawatts that would outlaw potable-water cooling,...
SWENSON Breaks Ground on $102MM, 233-Unit Calypso Affordable Housing Project in Downtown Santa Cruz
SWENSON has started construction on Calypso, a six-story, 233-unit studio building at 130 Center Street in downtown Santa Cruz, ending a five-year stall...
