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...
Dinerstein Companies Pays $59.4MM for 475-Bed San Jose State Student Housing Complex
At roughly $125,000 per bed, the deal lands slightly below the national student housing average even though the property sits a block from...
AvalonBay-Equity Merger Values San Jose’s 218-Unit Avalon at Cahill Park at $102.2MM
The 218-unit Diridon Station-area property topped the per-unit pricing of every other asset in a Bay Area apartment sweep tied to the AvalonBay-Equity...
San Jose Narrows Downtown Plaza de César Chávez Renaming to Five Finalists as Ranked-Choice Survey Opens
San Jose officials have winnowed more than 600 resident suggestions for renaming the nearly 250-year-old Plaza de César Chávez down to five finalists,...
San José Opens 6,000 SQFT Zero Net Carbon Fire Station 8 Downtown, Funded by Measure T Bond
The San José Fire Department cut the ribbon on a new downtown Fire Station 8 at 601 E. Santa Clara St., a solar-powered,...
Trumark Homes Secures 195 Lots for Two New Neighborhoods at San Ramon’s Bishop Ranch
Trumark Homes has secured 195 lots on the northwestern edge of San Ramon's Bishop Ranch to build The Trails, a pair of for-sale...
California Jobs First Awards $48.5MM Statewide, Anchoring Northern California Manufacturing and Shipbuilding
Governor Gavin Newsom and the California Jobs First Council awarded $48.5 million to 18 projects statewide, steering a substantial share into Northern California's...
AI Inference Chip Startup d-Matrix Leases 25,000 SQFT at 1828 Bering Drive in San Jose
d-Matrix, the AI inference chip developer, has signed a direct lease for roughly 25,000 square feet at 1828 Bering Drive in San Jose,...
C.A.R.-Backed Nonprofit Sues San Francisco Over Limits on SB 79 Transit Housing
A California Association of Realtors-backed nonprofit has sued San Francisco, alleging the city illegally carved out swaths of land from a new state...
Habitat for Humanity Advances Marin County’s Largest Affordable Homeownership Community on PG&E-Donated Novato Site
Habitat for Humanity Greater San Francisco is pressing ahead with a for-sale affordable housing community on a 13.5-acre PG&E-donated parcel along Novato's Redwood...
The Martin Group’s 28,000 SQFT Arbello Office Project Nears Q4 Delivery in Downtown San Mateo
The Martin Group is preparing to deliver Arbello, a 28,100-square-foot speculative office building in Downtown San Mateo, one of only two projects that...
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...
San Jose Narrows Downtown Plaza de César Chávez Renaming to Five Finalists as Ranked-Choice Survey Opens
San Jose officials have winnowed more than 600 resident suggestions for renaming the nearly 250-year-old Plaza de César Chávez down to five finalists,...
California Jobs First Awards $48.5MM Statewide, Anchoring Northern California Manufacturing and Shipbuilding
Governor Gavin Newsom and the California Jobs First Council awarded $48.5 million to 18 projects statewide, steering a substantial share into Northern California's...
AI Boom Pulls Dollars From Home Improvement as Building Products Face a Drawn-Out Recovery
Speaking to building products executives, John Burns Research and Consulting principal Nishu Sood made the case for a slow, uneven recovery stretching into...
California’s $17.40 Minimum Wage Arrives in 2027 as Bay Area Floors Already Sit Higher
California’s statewide wage floor will climb to a nation-leading $17.40 an hour in 2027, but for Bay Area property owners and their tenants,...
Port of Oakland Holds Laden Cargo Flat Through July as Empty Boxes Drag Total Volume Lower
The Port of Oakland kept its loaded cargo volumes nearly level through the first seven months of 2026 and pushed exports slightly ahead...
Construction Materials Prices Flat in July, But Lumber and Steel Signal More Increases Ahead
Construction input prices barely moved in July as a temporary drop in fuel costs offset continued gains in lumber and steel, leaving materials...
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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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...
Cognition Subleases 180,000 SQFT at 333 Brannan From Cruise, Expanding San Francisco Footprint Sevenfold
AI coding startup Cognition has agreed to sublease the 180,000-square-foot building at 333 Brannan Street from collapsed robotaxi operator Cruise, backfilling one of...
Silicon Valley R&D Vacancy Falls to 12.6% in 2Q26 as Nvidia Breaks Ground and AI Hardware Powers Leasing
Silicon Valley's research-and-development market tightened in the second quarter of 2026 as vacancy fell, net absorption improved and a new Nvidia campus broke...
Bay Area Office Recovery Broadens as Vacancy Falls to 20% and Sublease Space Hits Six-Year Low
Colliers’ Q2 2026 report found Bay Area office vacancy fell to 20 percent and sublease space hit its lowest level since early 2020,...
Bay Area Office Recovery Broadens as Vacancy Falls to 20% and Sublease Space Hits Six-Year Low
Colliers’ Q2 2026 report found Bay Area office vacancy fell to 20 percent and sublease space hit its lowest level since early 2020,...
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...
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)...
Cognition Subleases 180,000 SQFT at 333 Brannan From Cruise, Expanding San Francisco Footprint Sevenfold
AI coding startup Cognition has agreed to sublease the 180,000-square-foot building at 333 Brannan Street from collapsed robotaxi operator Cruise, backfilling one of...
SummerHill Apartment Communities Secures $124MM From Fifth Third, CB&T and TruAmerica to Build 251-Unit San Carlos Apartment Project
SHAC has assembled a $123.5 million capital stack to break ground on its largest housing project on the Peninsula, marking TruAmerica Multifamily's debut...
UCSF Advances 525,000 SQFT Mission Bay Education Center and Dental Clinics Project
The University of California, San Francisco has selected a progressive design-build team to deliver a new education center and dental clinics inside the...
AI Boom Pulls Dollars From Home Improvement as Building Products Face a Drawn-Out Recovery
Speaking to building products executives, John Burns Research and Consulting principal Nishu Sood made the case for a slow, uneven recovery stretching into...
California’s $17.40 Minimum Wage Arrives in 2027 as Bay Area Floors Already Sit Higher
California’s statewide wage floor will climb to a nation-leading $17.40 an hour in 2027, but for Bay Area property owners and their tenants,...
NorthPoint Development Pays $87.5MM for 534,550 SQFT Benicia Industrial Portfolio
CBRE brokered the sale of the fully leased, 19-tenant portfolio at roughly $164 a square foot, betting on a small-bay, dock-high niche the...
Box Extends Redwood City HQ Lease Through 2040 at Kilroy’s Crossing/900, Trimming to 243,000 SQFT in $283MM Deal
Box has recommitted to downtown Redwood City through 2040, extending its headquarters lease at Kilroy Realty's Crossing/900 campus even as the software company...
Gilbane Development and CBRE Investment Management Open 480-Bed Pique Student Housing Community Near UC Berkeley
Gilbane Development has opened Pique, a purpose-built student housing community a few blocks from the University of California, Berkeley campus, adding more than...
