Sand Hill Property Company Sells 40,000 SQFT Whole Foods Site for $45.9MM in Los Gatos
Sand Hill Property Company sells its newly built Los Gatos Whole Foods site for $45.9 million, or about $1,148 per square foot.
Multibeam Doubles Sunnyvale Headquarters to 31,000 SQFT as It Lands $140MM CHIPS Commitment
Chip-equipment maker Multibeam more than doubled its Sunnyvale footprint and staffed up past 75 workers just as it secured a federal letter of...
Kilroy Says San Francisco Demand Tops 10MM SQFT, Highest Since 2019, as Bay Area Recovery Broadens
The real estate investment trust said active tenant demand in San Francisco has topped 10 million square feet for the first time since...
Silicon Valley Office Leasing Roars Back to Post-Pandemic High as Class A Space Tightens
Silicon Valley office leasing has surged to its strongest level since 2019 as AI-driven tenants chase scarce Class A space, brokers say.
Infinera Signs 102,000 SQFT R&D Lease at 6375 San Ignacio Avenue in South San Jose
A San Jose-based optical networking company has anchored the quarter’s Silicon Valley R&D leasing with a major South San Jose commitment, the largest...
Silicon Valley Industrial Hits Cycle-High Leasing as R&D Market Turns the Corner in 2Q26
Silicon Valley’s industrial and research-and-development markets both firmed in the second quarter of 2026 as artificial intelligence and advanced manufacturing tenants absorbed large...
Jay Paul Company Lands First Permits for 680-Unit CityView Conversion in Downtown San Jose
Downtown San Jose’s largest office landlord is now building homes where it once planned towers of desks, as Jay Paul Company clears the...
1.2MM SQFT San Francisco Centre & Emporium Hits the Market Again With Ground Lease Extended to 2082 and September Call for Offers
One of downtown San Francisco’s largest and most troubled assets is back on the block, this time with a longer ground lease, lower...
Savills Closes $1.11B Eastdil Secured Acquisition, Deepening San Francisco Capital Markets Reach
Savills Plc has completed its roughly $1.11 billion purchase of Eastdil Secured, folding the capital markets specialist and its longstanding San Francisco practice...
Sacramento Advances Financing District for 171-Acre Innovation Park Anchored by California Northstate Teaching Hospital
Sacramento's leaders took their first formal step toward a special financing district that could bankroll the public infrastructure behind Innovation Park, the 171-acre...
Kilroy Weighs Sale or Joint Venture of 7-Acre San Francisco Flower Mart as Development Economics Stall
Kilroy Realty told analysts on its second-quarter earnings call that continued ownership of all or part of its long-stalled Flower Mart megaproject in...
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...
Kilroy Says San Francisco Demand Tops 10MM SQFT, Highest Since 2019, as Bay Area Recovery Broadens
The real estate investment trust said active tenant demand in San Francisco has topped 10 million square feet for the first time since...
Silicon Valley Office Leasing Roars Back to Post-Pandemic High as Class A Space Tightens
Silicon Valley office leasing has surged to its strongest level since 2019 as AI-driven tenants chase scarce Class A space, brokers say.
Silicon Valley Industrial Hits Cycle-High Leasing as R&D Market Turns the Corner in 2Q26
Silicon Valley’s industrial and research-and-development markets both firmed in the second quarter of 2026 as artificial intelligence and advanced manufacturing tenants absorbed large...
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...
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,...
Continue ReadingMultibeam Doubles Sunnyvale Headquarters to 31,000 SQFT as It Lands $140MM CHIPS Commitment
Chip-equipment maker Multibeam more than doubled its Sunnyvale footprint and staffed up past 75 workers just as it secured a federal letter 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...
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.
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...
Redwood City Elevates Two Veteran Insiders to Lead Public Works and Sustainability Push
Redwood City has handed the keys to its sprawling public works operation to two longtime insiders, promoting Adrian Lee to services director and...
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...
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...
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...
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...
