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...
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...
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...
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...
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.
Blackstone’s LivCor Lists 615-Unit Summer House Apartments in Alameda After 2017 Purchase at $117MM
Blackstone’s residential platform LivCor is testing buyer appetite for one of Alameda’s largest apartment communities, marketing the 615-unit Summer House with a naturally...
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.
Martenson, Hasbrouck & Simon Leases 11,000 SQFT at 455 Capitol Mall in Downtown Sacramento
Labor and employment law firm Martenson, Hasbrouck & Simon LLP signed a new 11,110-square-foot lease at 455 Capitol Mall, planting a flag on...
Hanson Bridgett Renews 13,000 SQFT of Class A Office Space in Downtown Walnut Creek
Law firm Hanson Bridgett has recommitted to Downtown Walnut Creek, renewing its 13,474-square-foot office footprint at 1676 N California Blvd as tenants press...
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...
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...
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...
Essex’s Northern California Apartments Lead the Portfolio as Q2 Revenue Climbs 4.4%
Essex Property Trust’s Northern California apartments outperformed every other region in its portfolio during the second quarter of 2026, as tightening Bay Area...
Sacramento Council Clears Nearly $800,000 to Staff Central California Intelligence Center Amid Sanctuary Clash
The Sacramento City Council narrowly approved nearly $800,000 in federal Homeland Security grant money to staff the regional Central California Intelligence Center, forcing...
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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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.
Amazon’s 317,000 SQFT Moffett Towers Lease Steadies Jay Paul’s $770MM Sunnyvale Loan After Google Exit
Amazon’s commitment to fully occupy one of the three towers securing Jay Paul Company’s $770 million Moffett Towers mortgage removes the single largest...
San Francisco’s Record $16.9B Budget Rests on Commercial Real Estate’s Fragile Rebound
San Francisco’s largest-ever budget quietly wagers its balance on a commercial property recovery that is gathering speed but remains far from complete, tying...
Marin County Community Development Agency Issues Final Building Permit for 125-Unit Marinwood Apartments in San Rafael
Construction to begin on 125-unit affordable housing community Marin County, CA — An affordable housing development in unincorporated Marin has reached a significant...
GM Lands Nearly 340,000 SQFT Palo Alto Campus at Stanford Research Park, Picking Broadcom Site Over Sunnyvale
General Motors has signed a lease for nearly 340,000 square feet at the former Broadcom campus in Palo Alto’s Stanford Research Park, ending...
San Francisco Office Leasing Hits 6.1MM SQFT in H1 2026, Best First Half Since 2000 as Vacancy Slides to 30.1%
San Francisco’s office market has strung together its strongest first-half leasing performance in a quarter century, with AI-driven demand pulling vacancy and sublease...
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...
Nevada PERS Nears $62.2MM Acquisition of 62,500 SQFT 1400 Veterans Medical Office Building in Redwood City
A Nevada public pension fund is closing on a Peninsula medical office building as part of an all-cash push to double its real...
Transpak Renews and Expands to 164,000 SQFT at 38503 Cherry Street in Newark
A global logistics operator has doubled down on Newark, renewing and enlarging its footprint in one of Silicon Valley’s most active industrial submarkets...
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...
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...
Fabrinet Subsidiary Buys 225,000 SQFT Santa Clara Office Campus for $76.9MM
An optical components manufacturer has tripled its available footprint in Santa Clara, buying a three-building office campus at a price that lands well...
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...
HEART Buys Azara, 74-Unit Luxury San Mateo Apartment Community, for $54.75MM
A public housing agency has emerged as the buyer of one of the Peninsula’s newest luxury apartment communities, acquiring the 74-unit Azara in...
Leeland Properties Restarts 146-Room Element Hotel on Sacramento’s Stockton Boulevard After Closing Preferred Bank Construction Loan
Leeland Properties closed a Preferred Bank construction loan to restart the 146-room Element Hotel on Sacramento's Stockton Boulevard.
