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CommercialFinanceINDUSTRY newsRetail

Project Uris Buys 75,000 SQFT 47 Kearny and 165 Post in San Francisco’s Union Square for $19.6MM

Uris Acquisitions, the Union Square buying vehicle of Ian Jacobs and Max Raskin, paid a combined $19.6 million for two family-held office and...

Block Puts Entire 361,000 SQFT Uptown Station Headquarters in Oakland on the Sublease Market

Seven months after cutting nearly half its workforce, payments company Block has put every office floor it leases at Oakland's Uptown Station on...

Hudson Pacific Raises 2026 Outlook on Bay Area Leasing, but $218MM Q3 Loss Pushes 19-Quarter Losing Streak to $1.56B

Hudson Pacific Properties pushed in-service office occupancy to 85.6 percent and raised its full-year earnings outlook on the strength of Bay Area leasing...

Rate Spike Forces D.R. Horton to Take $91.4MM Hit on Completed Multifamily Projects

A surge in interest rates during the September quarter forced D.R. Horton to take $91.4 million in impairments on nine finished apartment communities,...

Millrose, New Home Co. Carve First Lots Out of $44.3MM Sunnyvale Housing Site Option

A Millrose Properties affiliate and The New Home Company's Northern California arm have pulled three newly mapped lots out of the option agreement...

First Washington Realty Lands $38.3MM Refinance for Trader Joe’s- and Safeway-Anchored Los Gatos Centers Totaling 116,000 SQFT

First Washington Realty has refinanced Los Gatos Village Square and the Downing Center of Los Gatos with $38.3 million in debt arranged by...

At 90, The Swig Company Bets on Move-In-Ready Space as San Francisco Office Demand Returns

As The Swig Company marks 90 years in business, President and Chief Executive Officer Connor Kidd says San Francisco's office recovery is being...

CommercialFeaturedINDUSTRY newsLeasing

At 90, The Swig Company Bets on Move-In-Ready Space as San Francisco Office Demand Returns

As The Swig Company marks 90 years in business, President and Chief Executive Officer Connor Kidd says San Francisco's office recovery is being...

FeaturedINDUSTRY newsLeasingLife Science

Research Institutions Drive 31% of Alexandria’s Q3 Leasing After Court Blocks NIH Overhead Cap

Universities and nonprofit research institutes signed nearly a third of Alexandria Real Estate Equities' third-quarter leases after a federal appeals court struck down...

CommercialINDUSTRY newsLeasingLife Science

Kilroy Says San Francisco’s Big Blocks Are Vanishing as Bay Area Carries Its 815,000 SQFT Third Quarter

Kilroy Realty's San Francisco Bay Area portfolio climbed to 82.7 percent leased in the third quarter on a 243,000-square-foot Box renewal in Redwood...

FinanceINDUSTRY newsResidential

Essex Property Trust Puts 213-Unit 360 Residences Tower in Downtown San Jose Up for Sale

Essex Property Trust has put 360 Residences, the 23-story, 213-unit apartment tower it bought for $133.5 million in 2017, on the market in...

Feature Content

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...

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FeaturedFinanceINDUSTRY newsResidential

Rate Spike Forces D.R. Horton to Take $91.4MM Hit on Completed Multifamily Projects

A surge in interest rates during the September quarter forced D.R. Horton to take $91.4 million in impairments on nine finished apartment communities,...

Research Institutions Drive 31% of Alexandria’s Q3 Leasing After Court Blocks NIH Overhead Cap

Universities and nonprofit research institutes signed nearly a third of Alexandria Real Estate Equities' third-quarter leases after a federal appeals court struck down...

At 90, The Swig Company Bets on Move-In-Ready Space as San Francisco Office Demand Returns

As The Swig Company marks 90 years in business, President and Chief Executive Officer Connor Kidd says San Francisco's office recovery is being...

WelbeHealth Buys Kitchell’s 26,000 SQFT 2101 K Street for $7.8MM as Owner-Users Drive Sacramento Sales

WelbeHealth, a provider of all-inclusive senior care, bought Kitchell's 25,600-square-foot building at 2101 K Street in Midtown Sacramento for $7.8 million, one of...

Bay Area Voters Back $980MM Regional Transit Tax and S.F. Muni Parcel Tax in Early Returns

Bay Area voters appear to have approved both a five-county sales tax worth about $980 million a year for BART, Caltrain, Muni, AC...

Did You Know? Tenants Seeking 100,000+ SQFT in San Francisco Have More Than Doubled Since Q2 2025

The number of companies hunting for 100,000 square feet or more of office space in San Francisco has more than doubled since the...

Northern California Commercial Real Estate News

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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,...

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Latest Leases

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AI Firms Have Leased 10MM SQFT in Silicon Valley and the Peninsula Since 2020 as South Bay AI Demand Jumps 67%

Artificial intelligence companies have leased about 10.0 million square feet across Silicon Valley and the San Francisco Peninsula since 2020, and the pipeline...

BizLink Group Expands With 27,000 SQFT Lease at 668 Mission Court in Fremont as Power Becomes the Deciding Factor

Electronics manufacturer BizLink Group has taken another 27,000 square feet at 668 Mission Court in Fremont's Mission Corporate Center, staying inside the same...

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People on the Move

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GSA Taps Cushman & Wakefield’s Mark Weiss to Run Public Buildings Service as Richmond, Santa Rosa Federal Buildings Await Buyers

Mark S. Weiss, a 42-year New York office broker and executive vice chairman at Cushman & Wakefield, will take over the federal government's...

Meridian Commercial’s James Schultz Earns Basin Street Properties’ Q3 Broker of the Quarter Honor

Basin Street Properties names Meridian Commercial’s James Schultz its Q3 2026 Broker of the Quarter for his North Bay leasing work.

Skyline Construction Taps Google and Qualcomm Campus Builder Steve Dunne to Lead Northern California Growth

Employee-owned general contractor Skyline Construction has brought veteran Silicon Valley builder Steve Dunne aboard as senior project executive, adding nearly four decades of...

RCG Ventures Taps Brixton Capital’s Michael McFadden as Western Region Director of Acquisitions

Atlanta-based shopping center investor RCG Ventures has hired Michael McFadden away from Brixton Capital as director of acquisitions for its Western Region, adding...

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...

Industry Contributors

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FeaturedIndustry Contributors & EditorialINDUSTRY newsRetail

Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race

By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...

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CommercialIndustry Contributors & EditorialLeasingRetail

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...

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CommercialFeaturedFinanceIndustry Contributors & Editorial

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...

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FinanceIndustry Contributors & EditorialINDUSTRY newsResidential

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,...

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CommercialFeaturedIndustry Contributors & EditorialINDUSTRY news

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...

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CommercialFeaturedFinanceIndustry Contributors & EditorialINDUSTRY news

McNellis: Economists vs. Flipping Coins

Economist: {noun}: someone good with numbers but without enough personality to be an accountant.

Prometheus Acquires 93-Unit Bellflower Townhome Community in Sunnyvale from Sack Capital Partners for $55.9MM

Prometheus Real Estate Group paid $55.9 million for a 1960s-era townhome rental community near downtown Sunnyvale, buying it from Sack Capital Partners about...

71% Leased Urban West Office Building at Walnut Creek’s Contra Costa Centre BART Hits Market

A five-story office building next to the Contra Costa Centre BART station is up for sale after a decade of upgrades and four...

Bay Area Voters Back $980MM Regional Transit Tax and S.F. Muni Parcel Tax in Early Returns

Bay Area voters appear to have approved both a five-county sales tax worth about $980 million a year for BART, Caltrain, Muni, AC...

Macerich Defaults on $325MM Loan at 969,000 SQFT Fresno Fashion Fair, a Mall It Still Plans to Keep

Macerich has defaulted on the $325 million loan backing Fresno Fashion Fair after the decade-old, 3.67 percent debt matured Nov. 1, putting one...

Davis Voters Back Measure W by 73% in Early Returns, Clearing Path for 1,250-Home Willowgrove on 232 Acres

Unofficial early returns show Davis voters backing Measure W by nearly three to one, putting the 1,250-home Willowgrove community on 232 acres of...

AIG Files Default on $192MM Loan Backing 300,000 SQFT Phelan Building at 760 Market in San Francisco

Lender AIG has started the foreclosure clock on the Phelan Building at 760 Market Street, filing a notice of default against the Hotung...

Rancho Cordova Seals Up to $185MM Incentive Deal for KozPure’s 7,500-Seat Downtown DOVA Arena

With a second 4-1 vote in as many weeks, Rancho Cordova's City Council locked in the economic agreement behind KozPure Development's Downtown DOVA,...

Macerich Trims Q3 Loss to $16.7MM as Broadway Plaza Fills Up and Fresno Fashion Fair’s $325MM Loan Defaults

Macerich narrowed its third-quarter net loss to $16.7 million and pushed same-center income at its keeper malls up 4.7 percent, but its Northern...