Blackstone Mortgage Trust Lists 686-Key Hyatt Regency SoMa in San Francisco as Part of Portfolio Overhaul
Blackstone Mortgage Trust launches sale of San Francisco's 686-key Hyatt Regency SoMa as part of a broader portfolio overhaul.
San Francisco Planning Commission Backs Fifth Space’s Amendments to 2,600-Unit Potrero Power Station Plan
Developer Fifth Space secured a San Francisco Planning Commission recommendation to loosen commercial-use rules, raise building heights and defer certain housing fees across...
San José Reopens Environmental Review of Federal Realty’s 2.78MM SQFT Santana Row Master Plan
San José reopens environmental review of Federal Realty's Santana Row Master Plan, clearing a path to 2.78MM SQFT of office.
Wareham Development Sells 121,200 SQFT Former Fantasy Studios Site in Berkeley for $9.6MM
A full city block in West Berkeley with deep ties to rock history and Oscar-winning film sound work has changed hands, selling for...
Sobrato Secures Phasing Revisions for 432-Unit Menlo Park Project Near Meta
The Menlo Park Planning Commission voted unanimously to let The Sobrato Organization split its long-approved Bayfront development into independently timed apartment and townhome...
Peninsula Land & Capital Buys Foreclosed 37,000 SQFT Los Altos Office Building for $26.9MM
An affiliate of Palo Alto-based Peninsula Land & Capital has acquired the renovated Class A office building at 4410 El Camino Real for...
Tallen Capital Clinches Sunrise Mall Deal, Carves Out 14 Acres for Mettle Shop’s $120MM Sunrise Sports Center in Citrus Heights
A purchase-and-sale agreement for roughly 14 acres of Citrus Heights' Sunrise Mall clears the path for The Mettle Shop's $120 million ice-and-turf Sunrise...
Quanta Computer Signs 143,000 SQFT Direct Lease at 7411 Central Avenue in Newark
One of the world’s largest contract electronics manufacturers has expanded again in Newark, adding another sizable block to a Silicon Valley footprint that...
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,...
AI Momentum Powers San Francisco and Silicon Valley in Summer 2026 Allen Matkins Survey, Yet Bay Area Developers Hold Back
Northern California’s commercial real estate developers are betting on an artificial-intelligence-fueled rebound in San Francisco and Silicon Valley, but persistent cost and interest-rate...
Hyve Solutions Lands 161,000 SQFT Newark Lease at 6955 Mowry Avenue for AI Infrastructure Push
A rack-scale infrastructure specialist serving the artificial intelligence buildout has secured a major Newark footprint, adding to a wave of AI-driven hardware demand...
Hacienda Posts Continued Gains in Q2 2026
Hacienda, Northern California’s largest mixed-use development, continued to strengthen its market position during the second quarter of 2026, supported by improving occupancy, positive...
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,...
AI Momentum Powers San Francisco and Silicon Valley in Summer 2026 Allen Matkins Survey, Yet Bay Area Developers Hold Back
Northern California’s commercial real estate developers are betting on an artificial-intelligence-fueled rebound in San Francisco and Silicon Valley, but persistent cost and interest-rate...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
Sacramento Office Market Absorbs Nearly 200,000 SQFT in Q2 as Vacancy Falls Toward 20%
Sacramento’s office market posted its strongest quarter in years during the second quarter of 2026, absorbing nearly 200,000 square feet and driving vacancy...
Bay Area Office Construction Pipeline Shrinks to 636,000 SQFT, Led by Preleased Silicon Valley Campuses
Colliers’ Q2 2026 report shows the Bay Area’s office construction pipeline has shrunk to just 636,000 square feet, with 89 percent of it...
Brookfield Takes 49% Stake in Healthpeak’s $2.1B, 86-Building Outpatient Medical Portfolio for $1.025B
Healthpeak Properties has sold a non-controlling 49 percent stake in a national portfolio of 86 outpatient medical buildings to Brookfield Asset Management for...
Northern California Commercial Real Estate News
Hacienda Posts Continued Gains in Q2 2026
Hacienda, Northern California’s largest mixed-use development, continued to strengthen its market position during the second quarter of 2026, supported by improving occupancy,...
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Hyve Solutions Lands 161,000 SQFT Newark Lease at 6955 Mowry Avenue for AI Infrastructure Push
A rack-scale infrastructure specialist serving the artificial intelligence buildout has secured a major Newark footprint, adding to a wave of AI-driven hardware demand...
Hippocratic AI Signs 31,000 SQFT Lease at Kilroy Realty’s 4300 Bohannon Drive in Menlo Park
Healthcare artificial intelligence company Hippocratic AI has committed to 30,857 square feet at Kilroy Realty’s 4300 Bohannon Drive in Menlo Park, one of...
Palo Alto Networks Extends 941,000 SQFT Santa Clara Headquarters Campus Through 2040
Palo Alto Networks has locked in its Santa Clara headquarters for another generation, extending leases across its 940,564-square-foot campus through mid-2040 in the...
Sunset Development Selects Lennar to Build 255-Home Canopy at Bishop Ranch as Campus Advances 8,000-Home Transformation
27-Acre Office Building Site to Become a Walkable Neighborhood, Construction to Begin in 2027 San Ramon, Calif. (July 6, 2026) – Sunset Development...
DivcoWest Closes on 47.5% of San Francisco’s 101 California Tower in ~$450MM Trophy Office Deal
DivcoWest has completed its purchase of a 47.5 percent stake in 101 California Street, finalizing San Francisco’s largest office transaction in more than...
Bay Area Life Sciences Vacancy Jumps to 26.2% as Pfizer Vacates 164,000 SQFT at Oyster Point and Emeryville Land Sells for Half Its 2019 Price
The San Francisco Bay Area’s life sciences vacancy rate climbed 310 basis points year over year to 26.2 percent as more than 500,000...
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...
Lurie Taps Real Estate Veteran to Run Port of San Francisco as Waterfront Development Pipeline Swells
San Francisco Mayor Daniel Lurie has elevated Michael Martin from acting chief to permanent executive director of the Port of San Francisco, handing...
Berkadia Taps Veteran Multifamily Executive as Chief Revenue Officer to Unify Mortgage Banking and Investment Sales Platforms
Berkadia has appointed a veteran multifamily capital markets executive as its new Chief Revenue Officer, tasking him with unifying and scaling the firm’s...
Suffolk Taps Armond Balaian to Scale Work and Expand New Office in Silicon Valley
Strategic hire strengthens Suffolk’s local leadership as infrastructure needs accelerate across Silicon Valley SAN FRANCISCO – Suffolk, one of the most innovative and...
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)...
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...
Downtown SF Partnership Expands to the Waterfront, Doubling Budget to $11MM as Port Joins Assessment District
San Francisco property owners voted to renew and enlarge the Downtown SF Partnership a decade ahead of schedule, pushing the district to the...
American Healthcare REIT Buys 200-Unit Senior Living Community for $102.75MM in San Jose
American Healthcare REIT’s $102.75 million purchase of San Jose’s Avella at Almaden marks the REIT’s latest bet on Bay Area senior housing, a...
Empty 250,000 SQFT eBay-Leased North San Jose Campus Defaults on $88.1MM Loan as Value Craters 59%
An affiliate of South Korea's Hana Asset Management and Southern California's Ocean West Capital Partners has defaulted on the $88.1 million Deutsche Bank...
Presentation High School Files for 32,000 SQFT Phased Expansion of Willow Glen Campus in San Jose
Six years after San Jose cleared a four-phase master plan for the all-girls Catholic school, Presentation High School has returned to the city...
Sentinel Real Estate Buys 293-Unit Talavera Apartments in Folsom for $102.5MM
New York-based Sentinel Real Estate Corp. closed on the $102.5 million purchase of Folsom’s 293-unit Talavera Apartments, landing the largest local multifamily transaction...
Related California Files Plans for 66-Unit Affordable Building at Oakland’s 430 Broadway
Related California and EBALDC file building plans for a 66-unit affordable housing building at 430 Broadway in Oakland's Jack London Square.
Pinnacle Capital Lists 65,000 SQFT Novato Medical/Office Building Next to Sutter Health Hospital Campus
A Los Angeles ownership group has put its half-empty Novato medical and office building on the block, pitching buyers on a discounted basis...
Think Surgical Signs 10-Year Lease for 35,000 SQFT Milpitas R&D Office, Halving Its Fremont Footprint
Think Surgical signs a 10-year Milpitas R&D lease, halving its footprint as it exits manufacturing to focus on design.