TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for $1.2B
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...
KKR Buys 636-Unit Lynhaven Apartments in San Jose for $346.5MM
San Jose’s apartment market absorbed its third above-average per-unit sale in recent weeks as KKR paid $346.5 million for the 636-unit Lynhaven, a...
Sacramento Multifamily Roars Back With $578MM in First-Half Sales, Its Strongest Run Since 2022
Greater Sacramento's apartment market delivered its most active investment stretch in four years during the first half of 2026, as $578 million in...
Intel Scraps Folsom Campus Sale-Leaseback, Keeps 161.8-Acre Site as AI Demand Fuels Turnaround
Two years after putting its seven-building Folsom research and lab campus up for a sale-leaseback amid mass layoffs and a company-wide cost-cutting push,...
STG Group Buys Eight Floors of San Francisco’s 1155 Market for $8MM, a Decade After $80MM Peak
A Petaluma value-add investor has taken control of the troubled lower half of 1155 Market Street for a fraction of its boom-era worth,...
California Clears Plug-In Solar Bill, Rewriting the Power Equation for Bay Area Renters and Landlords
California lawmakers sent SB 868 to Gov. Gavin Newsom on Aug. 26, clearing a path for renters and multifamily owners across PG&E's Northern...
Mountain House Developers Lands $305MM Credit Facility from Avila for 3,000 Lots in California’s Newest City
Three years after borrowing to buy CalPERS out of one of the pension giant's most punishing real estate bets, the developer of Mountain...
Ashford’s 178-Key Hilton Santa Cruz/Scotts Valley Escalates to Court-Appointed Receivership Sale, Seven Years After $50MM Buy
Ten months after the only full-service Hilton in Santa Cruz County was quietly put on the market following a mortgage default, the sale...
Family Office Sells Land Under 575-Unit West San Jose Project for $22.3MM Ahead of Groundbreaking
Six weeks after San Jose cleared the corner of Stevens Creek Boulevard and Saratoga Avenue for 575 apartments, the land itself sold for...
California Strikes Data Center Energy Deal, Shifting Bay Area Grid Costs Onto Operators
California lawmakers finalized a two-bill compromise Friday ordering regulators to write dedicated electricity rates for data centers, a framework that lands hardest in...
DM Development Nearly Triples Empire Theater Redevelopment in San Francisco’s West Portal to 172 Units, 12 Stories
DM Development has refiled its plans for the shuttered Empire Theater in West Portal, expanding a project that debuted in January as a...
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...
Sacramento Multifamily Roars Back With $578MM in First-Half Sales, Its Strongest Run Since 2022
Greater Sacramento's apartment market delivered its most active investment stretch in four years during the first half of 2026, as $578 million in...
California Clears Plug-In Solar Bill, Rewriting the Power Equation for Bay Area Renters and Landlords
California lawmakers sent SB 868 to Gov. Gavin Newsom on Aug. 26, clearing a path for renters and multifamily owners across PG&E's Northern...
California Strikes Data Center Energy Deal, Shifting Bay Area Grid Costs Onto Operators
California lawmakers finalized a two-bill compromise Friday ordering regulators to write dedicated electricity rates for data centers, a framework that lands hardest in...
San Jose Advances Rename of Downtown’s 2.3-Acre Plaza de César Chávez to Plaza de San Jose
San Jose is on the verge of renaming its oldest and most prominent downtown gathering space, a 2.3-acre civic anchor surrounded by the...
State Commits $125MM to $175MM Golden Gate Fields Park as Budget Vote Nears in Berkeley
California lawmakers are poised to lock in $125 million from the state's Proposition 4 climate bond toward the Trust for Public Land's $175...
Silicon Valley Data Centers Sit Power-Starved as CBRE Reports Record 1.4% National Vacancy
CBRE's North America Data Center Trends webinar for the first half of 2026 described a national supply crunch that plays out with a...
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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SFF Realty Partners Buys AllianceBernstein’s 154,000 SQFT 2390 Mission College Blvd. in Santa Clara for $44.25MM
The 153,549-square-foot Class A tower that AllianceBernstein seized from PCCP in a 2025 foreclosure has traded for $44.25 million, roughly doubling the lender's...
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...
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...
Bezos’ Project Prometheus Signs 100,000 SQFT Manufacturing Lease in West Oakland
Jeff Bezos’ stealth AI startup has landed in West Oakland just as East Bay industrial landlords report renewed demand from the exact category...
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...
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)...
Alliant Strategic’s 104-Unit, Eight-Story Project at 1532 Mount Diablo Boulevard Heads to Walnut Creek Design Review
Alliant Strategic's push to build a 104-unit, eight-story mixed-use building at 1532 Mount Diablo Boulevard reached Walnut Creek's Planning Commission for design review,...
Wistron Moves to Buy Three Fremont Buildings for ~$120MM as Blackstone Affiliate Exits Warm Springs
An entity affiliated with Blackstone is preparing to hand three early-1980s Warm Springs Boulevard buildings to Nvidia supplier Wistron Corp., a pending transaction...
Deutsche Finance Sues BVK Over $2 Billion U.S. Portfolio Anchored by San Francisco’s 750,000 SQFT Transamerica Pyramid
Deutsche Finance Group and its American subsidiary have hauled Germany's largest public pension group into a Delaware courtroom, alleging that Bayerische Versorgungskammer secretly...
SFF Realty Partners Buys AllianceBernstein’s 154,000 SQFT 2390 Mission College Blvd. in Santa Clara for $44.25MM
The 153,549-square-foot Class A tower that AllianceBernstein seized from PCCP in a 2025 foreclosure has traded for $44.25 million, roughly doubling the lender's...
San Jose Advances Rename of Downtown’s 2.3-Acre Plaza de César Chávez to Plaza de San Jose
San Jose is on the verge of renaming its oldest and most prominent downtown gathering space, a 2.3-acre civic anchor surrounded by the...
$28.3MM Refinancing Secured for 531,000 SQFT Central Valley Industrial Portfolio
The five-year, interest-only loan retires an existing recourse bank facility and pools three geographically dispersed but fully leased properties into a single cross-collateralized...
Thor Equities Buys San Francisco’s 146 Geary St. for $20.5MM, Doubling Down in Union Square
A four-story Union Square building anchored by Bang & Olufsen’s West Coast flagship has changed hands for $20.5 million, three years after its...
Rockpoint and Holland Partner Group Launch 311-Unit Stevens Creek Apartment Community in West San Jose
A Boston-based private equity firm and one of the West's most active apartment developers have teamed up to add hundreds of rental units...
