SFF Realty Partners Buys 416,000 SQFT Zoom-Anchored The Almaden in Downtown San Jose for $82MM
At a reported $197 per square foot, The Almaden traded at about 42 percent below Silicon Valley’s third-quarter average office price, and at...
Barings Brings Burlingame’s Peninsula Innovation Point Campus, With New 242,000 SQFT Lab and Office Tower, to Market
Barings is marketing Peninsula Innovation Point, a waterfront Burlingame campus it bought for $170 million in 2021 and expanded with an eight-story, 241,679-square-foot...
Thornberg Warns Bay Area Housing Faces ‘Bust Side’ as Mortgage Rates Climb Past 7%
Speaking at Star One Credit Union's third annual Bay Area Real Estate Forecast in Campbell, Beacon Economics founder Christopher Thornberg argued that an...
Replacement Parking Blows $19MM–$45MM Holes in Menlo Park’s Downtown Housing Bids
A Menlo Park–commissioned financial review found that Alliant Communities, Presidio Bay Ventures and a Related California–Alta Housing team each face funding gaps of...
Union Square Retail Vacancy Eases to 15% as Uniqlo Returns and $43MM Powell Street Overhaul Nears
San Francisco officials put Union Square's retail vacancy just above 15 percent, down from a pandemic-era peak near 23 percent, yet the district...
DM Development, Ascentris Close on 152-Unit 321 Florida in San Francisco’s Mission With $61.7MM PNC Construction Loan
The project, refined since its 2021 approval, will deliver 152 apartments, 15 of them affordable, in late 2028, as county rents climb 15.7...
Rockefeller Group’s 442,000 SQFT Black Diamond Industrial Center in Antioch Hits Market for Sale or Lease
Rockefeller Group's completed 441,841-square-foot Black Diamond Industrial Center in Antioch is available for sale or lease, pitched below I-880 rents.
San Francisco Supervisors Approve Amended Development Agreement for Fifth Space’s 29-Acre Power Station in Dogpatch
San Francisco supervisors approve Fifth Space's amended Power Station development agreement, adding flexibility for 2,600 homes in Dogpatch.
Bay Area Holds Half of Nation’s AI Real Estate as San Francisco Tenants Fill 7.1% of Inventory
JLL's 2026 study of artificial intelligence tenants finds the Bay Area holds nearly half of the 34.6 million square feet AI companies occupy...
Alta Housing Breaks Ground on 108-Unit La Bella Affordable Community in Mountain View
Alta Housing broke ground Thursday on La Bella, a six-story, 108-unit affordable community at 1020 Terra Bella Avenue that reserves 27 apartments for...
Hashi Market Sets Oct. 9 Debut for 21,000 SQFT Cupertino Store as Bay Area Asian Grocery Race Heats Up
After more than a year of delays, New York-based Japanese grocer Hashi Market will open its first West Coast store on Oct. 9...
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...
Thornberg Warns Bay Area Housing Faces ‘Bust Side’ as Mortgage Rates Climb Past 7%
Speaking at Star One Credit Union's third annual Bay Area Real Estate Forecast in Campbell, Beacon Economics founder Christopher Thornberg argued that an...
Union Square Retail Vacancy Eases to 15% as Uniqlo Returns and $43MM Powell Street Overhaul Nears
San Francisco officials put Union Square's retail vacancy just above 15 percent, down from a pandemic-era peak near 23 percent, yet the district...
Bay Area Holds Half of Nation’s AI Real Estate as San Francisco Tenants Fill 7.1% of Inventory
JLL's 2026 study of artificial intelligence tenants finds the Bay Area holds nearly half of the 34.6 million square feet AI companies occupy...
AI Moves From Pitch Deck to Permit Counter as Bay Area Builders Chase Faster Approvals
As national developers such as AvalonBay, JPI and Wan Bridge wire AI into site selection, design and construction, Bay Area builders and city...
San Francisco Office Leasing Rises 37% in First Half of 2026 as Engineers Remain Top Recruiting Target
A joint analysis by recruiting platform Juicebox and Newmark Research finds San Francisco office leasing up 37 percent in the first half of...
Oakland, Central Valley Warehouse Costs Top $175 Per Foot as Tariffs Push Industrial Builds Higher
Oakland and the Central Valley now rank among the costliest places in the Americas to build a warehouse, with small-shell pricing above $175...
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 ReadingUnion Square Retail Vacancy Eases to 15% as Uniqlo Returns and $43MM Powell Street Overhaul Nears
San Francisco officials put Union Square's retail vacancy just above 15 percent, down from a pandemic-era peak near 23 percent, yet the district...
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...
Physical Intelligence Locks In 81,000 SQFT Sublease at 850 Brannan St., Outgrowing Its Earlier San Francisco Plan
Robotics AI startup Physical Intelligence completed an 80,964-square-foot sublease at 850 Brannan St. in the third quarter, according to CBRE, about a third...
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...
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...
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...
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,...
Newmark Lures Sarah Miller From Cushman & Wakefield to Co-Lead National Seniors Housing Valuation Practice
Newmark has hired veteran appraiser Sarah Miller, MAI, away from Cushman & Wakefield to co-lead its national seniors housing valuation and advisory discipline...
OCMI Sacramento Office Grows with New Staff
New Hires Signify Expansion of OCMI Cost Management in Northern California SACRAMENTO, CA — OCMI is proud to announce the addition of Cheryl...
Architectural Resources Group Names Ariane Fehrenkamp Associate Principal to Grow Design Practice
Architectural Resources Group has hired veteran architect Ariane Fehrenkamp as an associate principal, tasking the two-decade design leader with expanding the San Francisco-based...
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.
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...
Brookfield, Coastal Ridge Acquire 260-Unit The Grad Student Tower in Downtown San Jose for $204.8MM
The 1,039-bed purchase comes as Bay Area apartment deliveries fall to their lowest level since 2013 and national student housing preleasing nears 90...
Clarion Partners Puts Meta-Anchored, 410,000 SQFT Gateway 84 Advanced Manufacturing Campus in Newark on the Market
BioMed Realty has hired JLL to sell Gateway 84, a three-building, 2021-vintage manufacturing campus on Newark's Gateway Boulevard where Meta occupies more than...
Lincoln Property, New York Life Pay $37.5MM for 150,000 SQFT Hayward Warehouse
A 1977 Hayward warehouse that PPF Industrial bought for $14.3 million in 2016 has sold for $37.5 million to a Lincoln Property and...
AB 40 Forces New Environmental Review on Trump-Backed Coal Terminal at Former Oakland Army Base as $1B Suit Is Tossed
Gov. Gavin Newsom signed AB 40, requiring a fresh environmental impact report for large coal terminals, just as a Kentucky federal judge threw...
Anthropic Eyes 100,000 SQFT Industrial Building at 2000 Folsom in San Francisco’s Mission District for R&D Lab
If the deal for the former food factory at 2000 Folsom St. closes, Anthropic would join Amazon Robotics, Medra and DoorDash in taking...
IRA Capital Affiliate Buys Rubicon Point’s 29,000 SQFT UCSF-Leased Outpatient Building at 1263 Mission Street for $19.1MM
An affiliate of Irvine-based healthcare investor IRA Capital paid $19.125 million for the fully leased UCSF @ SoMa outpatient building at 1263 Mission...
Academy of Art Moves to Foreclose on Tony Garnicki Affiliate Over $3.6MM Seller Loan at 2300 Stockton in San Francisco
Four months after Academy of Art University sold its former office building at 2300 Stockton Street to an affiliate of investor Tony Garnicki,...
Newsom Signs SB 328, Clearing Brookfield’s Path to 12,272 Homes at Former Concord Naval Weapons Station
A newly signed state law removes the former Concord Naval Weapons Station from the Surplus Land Act's disposition rules and exempts plan-consistent development...
