Foster City Planning Commission Backs Gilead’s 800,000 SQFT Chess Hatch Biotech Campus
The commission recommended City Council approval of a rezoning, specific development plan, parcel map and parking agreement that clear Phase 1 of Gilead’s...
Epic Church Enters Agreement to Acquire 40,000 SQFT Historic Union Square Sanctuary in San Francisco for $15MM
The nondenominational congregation is betting on a spiritual revival to match San Francisco’s economic comeback, targeting a 1913 Reid Brothers landmark that has...
Northern California Construction Splits: San Jose Adds 3,900 Jobs as Sacramento Sheds 3,700
The Bay Area’s AI-driven build cycle is concentrating construction hiring in Silicon Valley even as Sacramento posts one of the nation’s largest absolute...
San José Clean Energy Holds $310MM in Cash After $25MM Customer Rebate, Q1 Report Shows
San José Clean Energy emerged from the first quarter of 2026 with $310 million in unrestricted cash and an $82 million rate stabilization...
Deca Lists Cursor’s San Francisco HQ Less Than a Year After $9.5MM Buy
JLL is marketing the 35,562-SQFT North Waterfront building leased to the AI coding platform through December 2029. Deca Companies is taking 295 Bay...
Mentone, Manresa Bread Land Inaugural Leases at 68,000 SQFT Junction Project in Los Gatos
Michelin-recognized chef David Kinch and James Beard finalist Avery Ruzicka anchor the Spur Building with 7,170 square feet, validating Harmonie Park’s bet on...
Harvest Properties, Lone Star Recapitalize 360,000 SQFT 600 California Tower in San Francisco
A coordinated foreclosure-and-joint-venture play hands the long-troubled Financial District trophy to fresh sponsorship as the city’s top-tier office market stirs back to life....
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom
The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco’s AI-led...
Private Investor Sells 61-Room Best Western Salinas Valley Inn & Suites for $9.99MM in Monterey County
The Highway 101-adjacent hotel near Historic Downtown Salinas traded at roughly $164,000 per room, well above the statewide median in a constrained California...
EPACANDO and MidPen Housing Celebrate Grand Opening of 136 Affordable Homes in East Palo Alto
EAST PALO ALTO, CA, May 22, 2026—Community partners and public- and private-sector stakeholders came together this week to celebrate the Grand Opening of...
A & C Real Estate Developers Proposes 204-Unit Apartment Complex on Gerber Road in Sacramento’s Vineyard Area
The seven-building project on 10.8 acres in Sacramento County’s Vineyard area would deliver a unit mix weighted heavily toward two-bedroom apartments, with larger...
Balanced Demand Across Industries Supports Ongoing Momentum at Hacienda
Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, entered 2026 with improving fundamentals, building on the leasing momentum established in late 2025...
Northern California Construction Splits: San Jose Adds 3,900 Jobs as Sacramento Sheds 3,700
The Bay Area’s AI-driven build cycle is concentrating construction hiring in Silicon Valley even as Sacramento posts one of the nation’s largest absolute...
Mentone, Manresa Bread Land Inaugural Leases at 68,000 SQFT Junction Project in Los Gatos
Michelin-recognized chef David Kinch and James Beard finalist Avery Ruzicka anchor the Spur Building with 7,170 square feet, validating Harmonie Park’s bet on...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom
The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco’s AI-led...
Sacramento Pulls Ahead as West Coast’s Tightest Industrial Market While Oakland Struggles to Find Footing
Northern California’s two largest industrial markets are heading in opposite directions in 2026, with Sacramento emerging as the West Coast’s least-vacant major metro...
California Added 28,700 Jobs in March as Unemployment Eased to 5.3%
State posted strongest start to a calendar year since 2022 as health services led gains while professional and business services pulled back, according...
AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals
The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...
Northern California Commercial Real Estate News
Balanced Demand Across Industries Supports Ongoing Momentum at Hacienda
Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, entered 2026 with improving fundamentals, building on the leasing momentum established in late...
Continue ReadingDeca Lists Cursor’s San Francisco HQ Less Than a Year After $9.5MM Buy
JLL is marketing the 35,562-SQFT North Waterfront building leased to the AI coding platform through December 2029. Deca Companies is taking 295 Bay...
San Francisco Captures 80% of U.S. AI Venture Capital as Office Leasing Snaps Back
AI tenants leased 10.6 million square feet in San Francisco since 2019, equivalent to roughly 15 Salesforce Towers, pushing net absorption to 3.2...
JLL Forecasts Bay Area Rent Surge and Robotics Boom as VC Investment Captures 79% of US Total
JLL research director Alexander Quinn told East Bay leaders that an AI-fueled investment wave is driving record rents, a manufacturing revival and a...
Bay Club Acquires San Francisco City Block Totaling +150,000 SQFT for $65MM
After Nearly 50 Years as a Tenant, Bay Club Secures Permanent Ownership of Its Founding San Francisco Location SAN FRANCISCO, April 30, 2026...
Rubicon Point Partners Lands Shockwave Medical’s 200,000 SQFT Santa Clara R&D Campus for $87.2MM in Opening Salvo of Billion-Dollar West Coast Push
The San Francisco-based investment firm secures a four-building, 12.86-acre campus fully NNN leased to a Johnson & Johnson subsidiary, signaling an aggressive new...
Meta Pulls the Plug on 1.6MM SQFT Willow Village in Menlo Park, Halting Silicon Valley’s Most Ambitious Corporate Campus
The 59-acre Menlo Park mega-project, first envisioned a decade ago to house 7,000 employees, joins a growing list of casualties as the tech...
Newmark Hires Drew Petersen as San Francisco Market Leader
San Francisco, CA (May 18, 2026) — Newmark today announces that the Company has hired industry veteran Drew Petersen as Executive Vice President...
Basin Street Properties Announces Three Leadership Promotions
RENO, NV (April 14, 2026) – Basin Street Properties announced the promotions of Elaine Nelson to Vice President of Operations, Stephen Biehle to...
Bay Area Council Announces Libby Schaaf as New President and CEO
The Sobrato Organization CEO Tony Mestres Elected Board Chair to succeed Kristina Lawson as her term ends The Bay Area Council today (April...
CBRE Elevates Mike Taquino and Kyle Kovac to Lead San Francisco Bay Area Office Capital Markets
The team has advised on more than $30 billion in commercial real estate transactions San Francisco – March 18, 2026 – CBRE announced...
Orange Buensuceso Promoted to Director of San Francisco at FPBA
Ferguson Pape Baldwin Architects (FPBA) has promoted Orange Buensuceso, AIA, LEED AP, to Director of San Francisco, a milestone that takes on added...
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)...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
The Buyer Who Wasn’t There
The record gap between home sellers and buyers reveals a tale of two Americas—Sun Belt markets drowning in oversupply while Northern cities with...
Feed the Machine: AI Could Unjam San Francisco’s 280-Day Permitting Nightmare
The city knows its building codes better than anyone. The problem is it takes 280 days to prove it. What if a computer...
Falcone Group Lists for Sale 160-Unit Class A Tower Ansel at Market and Valencia in San Francisco
The Boca Raton-based developer has tapped Newmark to market the 2019-vintage fee-simple asset at 1699 Market Street, putting one of the city’s newest...
Developers Scramble to Salvage 250-Unit Oak Hill Affordable Housing Plan Near San Quentin
A looming October bond deadline, lead-contaminated soil and a deep sewer main are forcing a rethink of two state-land projects in Marin County...
Ellis Partners, Baupost Group Buy 637,000 SQFT Great America Commons in Santa Clara for $310MM
A San Francisco–Boston partnership paid 42 percent above the property’s assessed value, a bet that wagers Santa Clara’s office rebound has further to...
Rebuilt 130-Car Golden Gate Garage Lists for Sale or Lease in San Francisco Theater District
A historic Tenderloin parking structure, gutted by fire in 2020 and reopened this January, returns to the market with development upside under C-3-G...
New 1.4-Acre Heritage Park Opens at Bishop Ranch in San Ramon
San Ramon, Calif. (May 21, 2026) – Today, San Ramon city officials, Sunset Development Company executives and community leaders christened Heritage Park at...
Step Up Housing Buys 268-Unit Copper Creek Apartments in Sacramento for $54.6MM with Plans for Affordable Conversion
The San Francisco nonprofit will designate three-quarters of the units as income-restricted, the third such sale-and-conversion deal in the region within a year....
Rocket EMS Acquires Vacant 78,200 SQFT San Jose R&D Building for $18.8MM
An electronics manufacturer scooped up a long-empty South San Jose research and office property at a steep markdown, a signal that some tech...
All-Cash Buyer Acquires 15-Unit Hawthorne Apartments in Palo Alto for $10.15MM
The downtown Palo Alto multifamily property traded at $676,667 per unit after a months-long marketing process, signaling continued investor appetite for trophy Silicon...
