Carmel Partners Buys 263-Unit Silver Apartments in San Jose for $122MM
The $465,000-per-unit price lands near the middle of a run of recent Santa Clara County apartment trades, arriving as Essex’s own leadership points...
SummerHill Advances Formal Plans for 278-Unit Apartment and Townhome Redevelopment of San Mateo’s Shuttered Hillsdale Inn
SummerHill Apartment Communities has taken its long-delayed redevelopment of San Mateo's shuttered Hillsdale Inn a step further, filing formal entitlement plans for 278...
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...
Autonomous Trucking Firm PlusAI Extends 36,000 SQFT Fremont Lease at 41300 Boyce Road
PlusAI has extended its roughly 36,000-square-foot lease at 41300 Boyce Road in Fremont, keeping the self-driving trucking developer rooted in the East Bay...
Bay Area Holds California’s Lowest Jobless Rates as Statewide Unemployment Dips to 5.1% in July
San Francisco, San Mateo and Santa Clara counties posted among California's lowest unemployment rates in July even as office-using sectors across the state...
$147.5MM Refinancing Secured for 221,800 SQFT Google-Leased 750 Moffett in Mountain View
CBRE arranged $147.5 million in non-recourse debt for the Mountain View office tower, pairing modest senior financing from UMB Bank with a much...
Google Puts 129,945 SQFT of San Jose’s Brokaw Campus on the Sublease Market
CBRE is marketing the fully built-out, four-story building as a plug-and-play sublease opportunity inside Peery Arrillaga’s Brokaw Campus, a North San Jose office...
San Jose Advances General Plan Housing Overhaul, Defers Density Quadrupling to 2027
San Jose's City Council endorsed the broad framework of a sweeping General Plan housing overhaul on Aug. 18 but declined to lock in...
Silicon Valley Office Recovery Deepens in 2Q26 as Vacancy Falls to 15.2% and Leasing Hits Seven-Year High
The Silicon Valley office market posted its seventh straight quarter of positive net absorption in the second quarter of 2026, with vacancy tightening,...
California Approves $100MM to Widen and Raise Flood-Prone Highway 37 in North Bay
The California Transportation Commission cleared nearly $100 million on Aug. 21 to add lanes and lift low-lying stretches of Highway 37, an early...
Robotics Startup Dexmate Signs 36,000 SQFT Direct Lease at 3347 Gateway in Fremont
Dexmate has committed to nearly 36,500 square feet at 3347 Gateway in Fremont, a direct lease that adds to a wave of robotics...
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...
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...
Bay Area Holds California’s Lowest Jobless Rates as Statewide Unemployment Dips to 5.1% in July
San Francisco, San Mateo and Santa Clara counties posted among California's lowest unemployment rates in July even as office-using sectors across the state...
San Jose Advances General Plan Housing Overhaul, Defers Density Quadrupling to 2027
San Jose's City Council endorsed the broad framework of a sweeping General Plan housing overhaul on Aug. 18 but declined to lock in...
Silicon Valley Office Recovery Deepens in 2Q26 as Vacancy Falls to 15.2% and Leasing Hits Seven-Year High
The Silicon Valley office market posted its seventh straight quarter of positive net absorption in the second quarter of 2026, with vacancy tightening,...
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...
Younger Movers Are Softening California’s Exodus, U-Haul Midyear Data Shows, With the Bay Area Among Their Top Draws
U-Haul's 2026 midyear migration report finds Millennials and Generation Z steering their moving trucks into California even as older generations keep heading for...
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...
Continue ReadingAutonomous Trucking Firm PlusAI Extends 36,000 SQFT Fremont Lease at 41300 Boyce Road
PlusAI has extended its roughly 36,000-square-foot lease at 41300 Boyce Road in Fremont, keeping the self-driving trucking developer rooted in the East Bay...
Revolution Medicines Bets 700,000 SQFT on Farallon’s Former Google Campus in Redwood City
Revolution Medicines, the fast-growing developer racing toward its first commercial cancer drug, is in advanced talks for roughly 700,000 square feet at Pacific...
Neuralink Extends 48,000 SQFT Fremont Lease at Ardenwood Research Center in Quarter’s Fourth-Largest Life Science Deal
Elon Musk's Neuralink has extended its lease on 48,240 square feet at the Ardenwood Research Center on Paseo Padre Parkway in Fremont, a...
Nevada PERS Nears $62.2MM Acquisition of 62,500 SQFT 1400 Veterans Medical Office Building in Redwood City
A Nevada public pension fund is closing on a Peninsula medical office building as part of an all-cash push to double its real...
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...
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,...
Port of Oakland Commissioners Hand Board Presidency to Stephanie Dominguez Walton as Cargo Volumes Claw Back
The seven-member panel that governs Northern California’s third-busiest container gateway, a 20-mile stretch of Oakland waterfront and a rebounding regional airport has installed...
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)...
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...
Younger Movers Are Softening California’s Exodus, U-Haul Midyear Data Shows, With the Bay Area Among Their Top Draws
U-Haul's 2026 midyear migration report finds Millennials and Generation Z steering their moving trucks into California even as older generations keep heading for...
KLN Management Advances 32,000 SQFT Medical Office Project Near Santa Clara Valley Medical Center in San Jose
Campbell-based KLN Management is pressing forward with a four-story medical office and retail building on a compact Fruitdale corner lot, betting on the...
City Ventures Wins Approval for 137-Unit Townhome Community on Former Industrial Site in Sunnyvale
The approval turns a vacant 4.44-acre industrial parcel at Kifer Road and Uranium Drive into the first residential project in the far reaches...
California’s Renter Majority Faces Deepening Strain as Bay Area Rents Climb 5.8%
California's renter economy has swelled past 16 million people, and a new statewide tenant snapshot shows affordability pressure intensifying just as the Bay...
Bay Area Jobless Rates Fall as San Jose Leads Northern California Job Growth
Jobless rates fell across the San Francisco Bay Area and Sacramento over the year ending June 2026 and San Jose led Northern California's...
State of California Renews 42,000 SQFT at 400 R Street in Downtown Sacramento
The State of California has renewed 42,000 square feet at 400 R Street, keeping one of downtown Sacramento’s larger government tenancies in place...
Grocery Outlet Opens 30,000 SQFT Store at Former Fisherman’s Wharf Safeway, Ending North Beach’s 3-Year Grocery Gap
Discount grocer Grocery Outlet has taken over the long-vacant Safeway on Bay Street, restoring a full-size grocery option for roughly 20,000 residents on...
