Airbnb Leases Historic 100,000 SQFT Takahashi Building in San Francisco’s Showplace Square
Airbnb has agreed to lease an entire century-old brick warehouse near its Showplace Square headquarters, a deal that marks the clearest sign yet...
Bedford Affordable Housing Buys 220-Unit Avana San Jose for $85.5MM
A Los Angeles-area nonprofit has bought a second San Jose apartment complex in three months, deepening a strategy of acquiring market-rate housing and...
Dividend Homes Pays $67.7MM for 3.9-Acre Palo Alto Fry’s Site Parcel
A homebuilder has paid $67.7 million for a slice of Palo Alto’s former Fry’s Electronics campus, the clearest sign yet that a site...
Lurie Declares San Francisco ‘Rent Emergency,’ Backs $30MM Package as AI Boom Drives Record Rents
San Francisco Mayor Daniel Lurie declared a rent emergency and threw his weight behind a roughly $30 million spending plan and six ordinances...
Bay Area Life Science Tops U.S. Funding at $5.6B Even as Lab Vacancy Hits Record 26%
The San Francisco Bay Area remained the country's top destination for life science venture capital in the first half of 2026, drawing $5.6...
Bridge Logistics Properties Buys 546,000 SQFT Stockton Cross-Dock Leased to UNFI and Dollar Tree from Clarion Partners
Bridge Logistics Properties has acquired a 545,836-square-foot cross-dock distribution building in Stockton leased to UNFI and Dollar Tree, buying from Clarion Partners as...
Why Institutional Capital Keeps Betting on Student Housing While the Bay Area Stays Underbuilt
Once a fragmented niche, purpose-built student housing has become an institutional asset class drawing billions from Blackstone, KKR and Greystar, and the Bay...
San Jose Retail Vacancy Set to Fall to 4.4% as Experiential Tenants Fuel Silicon Valley Leasing
Marcus & Millichap's Q3 2026 San Jose retail report finds a market tightening on the strength of pickleball courts, fitness operators and a...
UC Berkeley and NASA Publish Final Environmental Review for 2.3MM SQFT Berkeley Space Center at Moffett Field
The final environmental review for the Berkeley Space Center reveals the project’s maximum footprint has grown to 2.3 million square feet since its...
Silicon Valley Data Centers Sit Dark Until 2028 as U.S. Buildout Nears $15.1T
Nearly 100 megawatts of finished Silicon Valley data center capacity cannot be energized until Silicon Valley Power completes a $450 million system upgrade...
Google Nears Deal to Keep Entire 157,000 SQFT Sobrato Building in Mountain View
Google is closing in on a lease for an entire office building near its Mountain View headquarters, reversing earlier expectations that it would...
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...
Lurie Declares San Francisco ‘Rent Emergency,’ Backs $30MM Package as AI Boom Drives Record Rents
San Francisco Mayor Daniel Lurie declared a rent emergency and threw his weight behind a roughly $30 million spending plan and six ordinances...
Bay Area Life Science Tops U.S. Funding at $5.6B Even as Lab Vacancy Hits Record 26%
The San Francisco Bay Area remained the country's top destination for life science venture capital in the first half of 2026, drawing $5.6...
Why Institutional Capital Keeps Betting on Student Housing While the Bay Area Stays Underbuilt
Once a fragmented niche, purpose-built student housing has become an institutional asset class drawing billions from Blackstone, KKR and Greystar, and the Bay...
San Jose Retail Vacancy Set to Fall to 4.4% as Experiential Tenants Fuel Silicon Valley Leasing
Marcus & Millichap's Q3 2026 San Jose retail report finds a market tightening on the strength of pickleball courts, fitness operators and a...
Silicon Valley Data Centers Sit Dark Until 2028 as U.S. Buildout Nears $15.1T
Nearly 100 megawatts of finished Silicon Valley data center capacity cannot be energized until Silicon Valley Power completes a $450 million system upgrade...
After the Student-Housing Towers, the Bay Area’s Next Campus Play Is Everything at Their Base
The next round of value creation in university districts is not more student beds but the grocery, retail and hotels that keep them...
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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Airbnb Leases Historic 100,000 SQFT Takahashi Building in San Francisco’s Showplace Square
Airbnb has agreed to lease an entire century-old brick warehouse near its Showplace Square headquarters, a deal that marks the clearest sign yet...
OpenAI Scouts Multiple Silicon Valley Campuses as AI Firms Push South of Their San Francisco Base
As it hunts for room to grow, OpenAI has toured a cluster of the region's biggest available office campuses—among them Mountain View's The...
Goodwill of Silicon Valley Leases Former Rite Aid, Nearly Doubling South San Jose Store to 15,000 SQFT
The nonprofit is backfilling a vacant East Capitol Expressway drugstore emptied by Rite Aid's nationwide collapse, gaining room to pair retail sales with...
TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for Under $650MM
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...
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...
Sares Regis Elevates Drew Hudacek and Dave Hopkins to Co-CEOs as Founders Set Succession in Motion
Sares Regis Group of Northern California has handed day-to-day command of one of the Bay Area's most active development firms to two longtime...
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...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
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...
PwC Locks In 200,000 SQFT at 405 Howard in San Francisco Through 2040
PwC extended its 405 Howard St. lease eight years early, betting that today’s tight trophy-office vacancy and thin construction pipeline will only push...
Hudson Pacific Extends $1.1B Hollywood Loan as Bay Area Landlord Leans on Asset Sales to Tame Debt
Hudson Pacific Properties pushed the maturity on its $1.1 billion Hollywood studio loan to late 2027 without paying down a dollar of principal,...
Framework Ventures and BDT Capital Partners Take New Space at San Francisco’s Transamerica Pyramid
Newly recorded city filings reveal that crypto-focused Framework Ventures and merchant-banking affiliate BDT Capital Partners are outfitting offices across three floors of the...
After the Student-Housing Towers, the Bay Area’s Next Campus Play Is Everything at Their Base
The next round of value creation in university districts is not more student beds but the grocery, retail and hotels that keep them...
Crescent Heights Wins Revised Approval for 921-Unit, 820-Foot Tower at 10 South Van Ness
San Francisco’s Planning Commission trimmed Crescent Heights’ approved unit count from 1,019 to 921 at the 820-foot 10 South Van Ness tower, even...
San Jose Approves 168-Unit Affordable Housing at 143 South Third Street
City records show the seven-story project cleared its Planning Director’s Hearing with changes to conditions, arriving with a reworked parking structure — five...
Kubera Strikes $14.5MM Deal to Sell Bankrupt University Inn in Berkeley, Aiming to Halt Foreclosure
The owner of Berkeley's University Inn & Suites has reached a $14.5 million agreement to sell the bankrupt 113-room hotel to a Sonoma...
As Cap-Rate Compression Ends, Schnitzer Says Operators Will Win Industrial’s Next Cycle
In a wide-ranging podcast interview, longtime Oregon industrial owner Jordan Schnitzer argued that the era of cheap debt and falling cap rates that...
