New Community Baptist Church Acquires 31,300 SQFT R&D Building at 850 N. Shoreline Blvd. in Mountain View for $16.5MM
A Mountain View religious organization has purchased the first building to sell out of a foreclosed Silicon Valley tech campus, acquiring an adjacent...
Presidio Bay & Bridges Capital Close on $70MM Debt Buy at 208,000 SQFT 301 Battery in San Francisco, Move to Foreclose on RFR
Presidio Bay Ventures and Bridges Capital have closed on the nonperforming $100 million loan secured by San Francisco’s former Federal Reserve Bank building...
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Seven Equity Group Buys WeWork-Vacated Office in San Francisco Out of Receivership for $6.75MM
Seven Equity Group, a Manhattan-based investor that has quietly accumulated a distressed-office portfolio along San Francisco’s Taylor Street and Market Street corridors, paid...
Zoom Pledges Downtown Expansion as San José Courts Global Capital With 2 Gigawatts of Power, 30 Percent Cheaper Land
Zoom founder and Chief Executive Officer Eric Yuan closed San José’s first International Innovation and Investment Summit by announcing the video conferencing company...
San José Airport Puts 15-Acre Airfield Site in Play With $2.75MM Minimum Ground Rent and 50-Year Lease Ceiling
San José Mineta International Airport is preparing to solicit proposals for the long-term ground lease and development of a 15-acre parcel on its...
Marin Open Space Trust to Donate 161-Acre King Mountain Summit to Marin County Open Space District
Linking separate sections of the preserve with MOST’s assistance would be a victory for neighbors, hikers, conservationists Marin County, CA – For decades,...
Bay Area Life Sciences Vacancy Jumps to 26.2% as Pfizer Vacates 164,000 SQFT at Oyster Point and Emeryville Land Sells for Half Its 2019 Price
The San Francisco Bay Area’s life sciences vacancy rate climbed 310 basis points year over year to 26.2 percent as more than 500,000...
Mutual Housing California Opens 113-Unit San Juan Apartments on Stockton Boulevard, a $69.7MM Bet on Sacramento’s Toughest Corridor
Mutual Housing California cut the ribbon this week on the first phase of San Juan Apartments in south Sacramento, converting a 5.5-acre site...
Santa Clara University Plans 227-Unit, 474-Bed Graduate and Workforce Housing Project in San Jose
Santa Clara University is seeking to redevelop a Campbell Avenue warehouse into a housing project, positioning the university to reduce commute-driven vehicle trips...
Holland Partners Wins Final Approval for 575-Unit, Two-Building Apartment Project in San Jose
The City of San Jose has granted approval for the construction of 575 apartments in two eight-story buildings at the corner of Stevens...
NAIOP Becomes the Commercial Real Estate Development Association
Association adopts a new name that more clearly represents its members, their work, and its role as the leading voice for commercial real...
Zoom Pledges Downtown Expansion as San José Courts Global Capital With 2 Gigawatts of Power, 30 Percent Cheaper Land
Zoom founder and Chief Executive Officer Eric Yuan closed San José’s first International Innovation and Investment Summit by announcing the video conferencing company...
Bay Area Life Sciences Vacancy Jumps to 26.2% as Pfizer Vacates 164,000 SQFT at Oyster Point and Emeryville Land Sells for Half Its 2019 Price
The San Francisco Bay Area’s life sciences vacancy rate climbed 310 basis points year over year to 26.2 percent as more than 500,000...
Mutual Housing California Opens 113-Unit San Juan Apartments on Stockton Boulevard, a $69.7MM Bet on Sacramento’s Toughest Corridor
Mutual Housing California cut the ribbon this week on the first phase of San Juan Apartments in south Sacramento, converting a 5.5-acre site...
NAIOP Drops a 59-Year-Old Acronym, Becomes CREDA in Bid for Industry Clarity
After nearly six decades operating under an acronym that was not always familiar with the lawmakers it was built to lobby, NAIOP has...
New York Clears First-in-Nation Data Center Moratorium, and the West Coast Is Watching
New York lawmakers have approved a one-year freeze on state permits for large data centers, the first statewide moratorium in the country and...
Northern California Hotel Construction Jumps 28% in First Half of 2026 Even as Openings Slow
With San Francisco posting the nation’s fastest RevPAR growth at plus 31 percent and Northern California construction projects jumping 28 percent, the region’s...
Northern California Commercial Real Estate News
Balanced Demand Across Industries Supports Ongoing Momentum at Hacienda
Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, entered 2026 with improving fundamentals, building on the leasing momentum established in late...
Continue ReadingZoom Pledges Downtown Expansion as San José Courts Global Capital With 2 Gigawatts of Power, 30 Percent Cheaper Land
Zoom founder and Chief Executive Officer Eric Yuan closed San José’s first International Innovation and Investment Summit by announcing the video conferencing company...
Taiwan Chipmaker MediaTek Signs Nearly 111,000 SQFT Lease at Irvine Company’s Santa Clara Gateway
Taiwan-based chip designer MediaTek has signed a lease for nearly 111,000 square feet at the Irvine Company’s Santa Clara Gateway, growing its Silicon...
Rhoda AI Signs 71,000 SQFT Sunnyvale Lease at 600 W. California
With $450 million in the bank and a lease nearly three times its former Mountain View footprint, Rhoda AI is making a physical...
$115MM Loan Secured to Refinance 155-Room La Bahia Hotel & Spa in Santa Cruz
La Bahia Hotel & Spa, the 155-room luxury resort that opened in September 2025 as Santa Cruz’s first beachfront hotel of its kind...
Stanford Files Plans for 1.75MM SQFT Cancer Center in Redwood City, the Largest Project in University History
Stanford Medicine this week submitted an updated project description to Redwood City for an integrated cancer hospital, clinic and research complex that would...
GM Lands Nearly 340,000 SQFT Palo Alto Campus at Stanford Research Park, Picking Broadcom Site Over Sunnyvale
General Motors has signed a lease for nearly 340,000 square feet at the former Broadcom campus in Palo Alto’s Stanford Research Park, ending...
Berkadia Taps Veteran Multifamily Executive as Chief Revenue Officer to Unify Mortgage Banking and Investment Sales Platforms
Berkadia has appointed a veteran multifamily capital markets executive as its new Chief Revenue Officer, tasking him with unifying and scaling the firm’s...
Suffolk Taps Armond Balaian to Scale Work and Expand New Office in Silicon Valley
Strategic hire strengthens Suffolk’s local leadership as infrastructure needs accelerate across Silicon Valley SAN FRANCISCO – Suffolk, one of the most innovative and...
Newmark Hires Drew Petersen as San Francisco Market Leader
San Francisco, CA (May 18, 2026) — Newmark today announces that the Company has hired industry veteran Drew Petersen as Executive Vice President...
Basin Street Properties Announces Three Leadership Promotions
RENO, NV (April 14, 2026) – Basin Street Properties announced the promotions of Elaine Nelson to Vice President of Operations, Stephen Biehle to...
Bay Area Council Announces Libby Schaaf as New President and CEO
The Sobrato Organization CEO Tony Mestres Elected Board Chair to succeed Kristina Lawson as her term ends The Bay Area Council today (April...
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)...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
Treasure Island Developers Pivot 148-Unit 490 Avenue of the Palms From Condos to Rentals, With Penthouses at $18,000 a Month
Treasure Island Development Group has abandoned its plan to sell the 148 homes at 490 Avenue of the Palms as condominiums, instead opening...
SFO Bets on Luxury Line-Skipping With 75,000 SQFT Private Terminal, Targeting Late 2028 Opening
San Francisco International Airport has opened bidding on a 14-year ground lease for a standalone luxury terminal with dedicated TSA and customs screening,...
Peak Energy Lands 183,000 SQFT Metro Air Park Building for $71MM Sodium-Ion Battery Plant in Sacramento
Peak Energy, a three-year-old battery startup with more than 6 gigawatt-hours of customer commitments on its books, will take a 183,000-square-foot big-box industrial...
Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market
Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with...
CalSTRS Sells 260,000 SQFT Walnut Creek Office Tower to AAA Mountain West Group for $37.5MM
CalSTRS is exiting its 260,000-square-foot Walnut Creek office tower at a 34 percent loss against its 2002 purchase price and a 57 percent...
NAIOP Drops a 59-Year-Old Acronym, Becomes CREDA in Bid for Industry Clarity
After nearly six decades operating under an acronym that was not always familiar with the lawmakers it was built to lobby, NAIOP has...
SummerHill Breaks Ground on 251-Unit 11 El Camino Real, San Carlos’s Largest Housing Project
SummerHill Apartment Communities has started construction on a 251-unit apartment community between the San Carlos and Belmont Caltrain stations, a 2.2-acre transit-oriented bet...
Taiwan Chipmaker MediaTek Signs Nearly 111,000 SQFT Lease at Irvine Company’s Santa Clara Gateway
Taiwan-based chip designer MediaTek has signed a lease for nearly 111,000 square feet at the Irvine Company’s Santa Clara Gateway, growing its Silicon...