EQT Clinches San Francisco’s Stockbridge in Deal Worth Up to $550MM, Absorbing $16.5B in Fee-Earning Real Estate AUM
Swedish investment giant EQT AB has agreed to buy San Francisco-based Stockbridge for $375 million in cash plus up to $175 million in...
San Francisco Recovery Fund Files Formal Plans for 1.5MM SQFT Fifty at First Office Tower, Holds Hotel and Housing Tower in Reserve
The San Francisco Recovery Fund has formally asked city planners to rework the stalled Oceanwide Center approvals at First and Mission streets, trading...
Zeno Power Leases Vallecitos Hot Cells for Nuclear Battery Plant as NorthStar Decommissions 1,600-Acre Sunol Campus
Zeno Power has leased the shielded hot cell complex at the Vallecitos Nuclear Center in Sunol to build nuclear batteries for defense and...
Bay Area NIH Funding Slips to $1.3B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Bay Area researchers slipped to $1.3 billion in the fiscal year that ended Sept. 30, part of...
Disney Streaming Signs 76,000 SQFT Lease at One Market Plaza, Handing Rithm and Blackstone a Win Ahead of $850MM Loan Deadline
CBRE's third-quarter deal tally confirms that Disney Streaming Services has signed a 76,000-square-foot new lease at One Market Plaza, turning a June letter...
CMBS Investors Take Total Loss on $48MM Loan as 103,000 SQFT of San Francisco’s 1155 Market Sells for $8MM
The $48 million CMBS loan on the lower eight floors of 1155 Market Street has been liquidated with nothing returned to principal, after...
Sacramento Office Vacancy Holds at 11% as Leasing Slows and Asking Rents Slip
Sacramento's office market kept direct vacancy at 11.0 percent in the third quarter despite slightly negative absorption, as state agency consolidation, cautious private...
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...
San Jose Taps Episcopal Community Services to Convert $22.9MM Arena Hotel Shelter Into Permanent Housing
San Jose is moving to hand the Arena Hotel, the 90-room interim shelter it bought with state Homekey and Measure E money in...
Prometheus Opens Leasing at Harken, Los Altos’ First New Apartment Project in Decades
Prometheus Real Estate Group has opened leasing at a 172-unit apartment complex on El Camino Real in Los Altos, finishing a project it...
Redwood City Ferry Terminal Clears Draft EIR Milestone, Setting Stage for 9.2-Acre Waterfront Redevelopment
The Port of Redwood City has released a Draft Environmental Impact Report for a proposed ferry terminal and 9.2-acre waterfront redevelopment that would...
Hacienda Maintains Momentum with Steady September Leasing Activity
Hacienda, the premier mixed-use business hub in Northern California, maintained steady momentum in September 2026, with space utilization edging upward and leasing activity...
Bay Area NIH Funding Slips to $1.3B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Bay Area researchers slipped to $1.3 billion in the fiscal year that ended Sept. 30, part of...
Sacramento Office Vacancy Holds at 11% as Leasing Slows and Asking Rents Slip
Sacramento's office market kept direct vacancy at 11.0 percent in the third quarter despite slightly negative absorption, as state agency consolidation, cautious private...
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...
Institutional Buyers Top 50% of San Francisco Office Sales for First Time Since 2022 as Volume Hits $2.91B
For the first time since 2022, institutional buyers account for more than half of San Francisco's office investment volume this year, according 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...
AI Firms Lease 2.9 Million SQFT in San Francisco in H1 2026, Topping Any Prior Full Year
A new Savills and CompStak report finds that AI companies leased 2.9 million square feet of San Francisco office space in the first...
Northern California Commercial Real Estate News
Hacienda Maintains Momentum with Steady September Leasing Activity
Hacienda, the premier mixed-use business hub in Northern California, maintained steady momentum in September 2026, with space utilization edging upward and leasing...
Continue ReadingZeno Power Leases Vallecitos Hot Cells for Nuclear Battery Plant as NorthStar Decommissions 1,600-Acre Sunol Campus
Zeno Power has leased the shielded hot cell complex at the Vallecitos Nuclear Center in Sunol to build nuclear batteries for defense and...
On Ice Rinks Brings 6,000 SQFT Holiday Ice Rink to Port’s Triangle Lot at Fisherman’s Wharf in San Francisco
San Francisco on Ice, which can hold 125 skaters per session, will run from Nov. 4 through Jan. 18 next to the SkyStar...
San Jose Class A Office Vacancy Falls Below Its Long-Term Average as Class B and C Space Lags
Class A office vacancy in the San Jose metro fell 340 basis points in a year to 17.3 percent, slipping beneath the segment's...
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...
VTS Lifts 2026 San Francisco Office Leasing Forecast 13% to 14.5MM SQFT as AI Demand Converts to Signed Leases
Sustained artificial intelligence demand is converting into signed office leases in San Francisco faster than VTS expected, pushing the firm to raise its...
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...
Hines Hands Reins to Third Generation as Adam Hines Joins Sister Laura Hines-Pierce as Co-CEO
Hines is moving its third generation into full command of the $91 billion global real estate firm, pairing Adam Hines with his sister,...
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.
Kennedy Wilson Buys 312-Unit One South Market Tower in Downtown San Jose for $176MM
One South Market sold at about 46.5 percent above Marcus & Millichap’s South Bay average per-unit price, while Yardi Matrix reports that only...
Institutional Buyers Top 50% of San Francisco Office Sales for First Time Since 2022 as Volume Hits $2.91B
For the first time since 2022, institutional buyers account for more than half of San Francisco's office investment volume this year, according to...
9th St. Partners, Clarion Raise Panels at Fully Leased 473,000 SQFT Campus at Bayside in Fremont as MiTAC Takes All Six Buildings
9th St. Partners and Clarion Partners gathered city leaders, brokers and builders in Fremont on Tuesday to sign and hoist a concrete wall...
Blackstone Lender Takes Over 517,000 SQFT Ford Point in Richmond Through Foreclosure
Madison Capital and Meadow Partners have lost Richmond’s historic Ford Point, the waterfront former Ford assembly plant they bought for $103.7 million in...
FedEx-Leased 237,000 SQFT Hayward 92 Distribution Center Hits the Market
A 2017 distribution building in Hayward leased to FedEx, which last sold for $93.6 million in 2018, is back on the market. The...
Salad Days
By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...
AssetMark Renews 98,000 SQFT Headquarters Lease at 1655 Grant Street in Concord
Wealth management platform AssetMark has renewed its 97,632-square-foot headquarters lease at 1655 Grant Street in downtown Concord, keeping one of the city's largest...
San Francisco’s SoMa West Office Vacancy Sits at 19%, but Nearly 35% of Its Space Is Up for Lease
SoMa West's 19.1 percent office vacancy sits well below San Francisco's citywide rate, but 34.8 percent of its space is being marketed for...
