Oberndorf Real Estate Management, The Bascom Group Acquire 117-Unit Museum Park Apartments in San Jose for $53.1MM
Oberndorf Real Estate Management is making its first California investment in more than a decade, partnering with The Bascom Group to buy Museum...
Concord Gets Its Green Light From Sacramento as Brisbane Races the Clock on 2,200-Home Baylands Plan
Gov. Gavin Newsom's signature on SB 328 has handed Concord and master developer Brookfield Properties a streamlined path to more than 12,000 homes...
Airbnb Deals Point to 374,000 SQFT at 888 Brannan, Reversing Its Planned Retreat From 850 Brannan
Newmark's third-quarter report lists a confidential 373,903-square-foot renewal and expansion at 888 Brannan St. as San Francisco's largest lease of the quarter, and...
West Coast Office Leasing Surges 51% as Texas Cools, Savills Data Shows
The five California markets Savills tracks leased 15.9 million square feet of office space in the third quarter, up 51 percent from a...
San Francisco Readies $72MM, 300-Bed Behavioral Health Building on Treasure Island
San Francisco plans a $72 million, six-story behavioral health building on Treasure Island with up to 300 beds, with construction set for November.
Gilroy Shelves Sharks Ice Rink at Sports Park After $64MM Cost Estimate Opens $15MM Funding Gap
Gilroy halts its Sharks ice rink plan after costs climbed to about $64 million, leaving a $15 million gap its bonding capacity couldn't...
Hudson Pacific Wins Approval for 162,000 SQFT Housing Conversion at 901 Market Street in San Francisco
San Francisco approves Hudson Pacific’s plan to convert 901 Market Street’s offices into 162,400 SF of housing above 76,370 SF of retail.
Westwood Townhouses, a 42-Unit Hayward Apartment Community, Trades for $10.65MM After Multiple Offers
Westwood Townhouses, a 1960s-era gated townhome community on Hayward's Gading Road, closed at $10.65 million after a competitive bidding process, landing about 11...
Foxconn Unit Q-Edge Buys 110,000 SQFT of Santa Clara R&D Buildings for $55MM
Foxconn unit Q-Edge bought two vacant R&D buildings on Stender Way in Santa Clara for about $55 million, or roughly $500 per square...
San Leandro to Open First Outdoor Fitness Court at Marina Park, Funded by $100K Rotary Club Gift
San Leandro is adding a small, privately funded amenity to a shoreline where its larger redevelopment plans remain tied up in bankruptcy court,...
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...
Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End
Hacienda, Northern California’s largest mixed-use development, continued to demonstrate steady leasing performance during the third quarter of 2026, supported by declining vacancy, positive...
West Coast Office Leasing Surges 51% as Texas Cools, Savills Data Shows
The five California markets Savills tracks leased 15.9 million square feet of office space in the third quarter, up 51 percent from a...
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...
Northern California Commercial Real Estate News
Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End
Hacienda, Northern California’s largest mixed-use development, continued to demonstrate steady leasing performance during the third quarter of 2026, supported by declining vacancy,...
Continue ReadingAirbnb Deals Point to 374,000 SQFT at 888 Brannan, Reversing Its Planned Retreat From 850 Brannan
Newmark's third-quarter report lists a confidential 373,903-square-foot renewal and expansion at 888 Brannan St. as San Francisco's largest lease of the quarter, and...
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....
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...
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.
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...
View at Marin, a 254-Unit San Rafael Apartment Community, Sells in IPA-Brokered Deal
Institutional Property Advisors' Northern California team has closed the sale of View at Marin, a 254-unit garden community built in 1972 in north...
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...
