Vornado’s 555 California Street Hits Record $163 Rents as AI Demand Lifts San Francisco Office Market
Vornado Realty Trust told investors on its third-quarter earnings call that its Financial District complex signed 55,000 square feet of leases at an...
Bay Area Office Inventory Shrinks by 12.9MM SQFT in a Year as Colliers Reclassifies Flex Space, Clouding Vacancy Comparisons
Colliers moved flex properties out of its Bay Area office count, leaving the tracked inventory 12.9 million square feet smaller than a year...
U.S. AutoForce Leases 93,000 SQFT From Prologis Near I-280/Highway 101 Interchange in San Jose
Auto parts and tire distributor U.S. AutoForce has taken roughly 93,000 square feet inside a Prologis-owned building next to the Interstate 280 and...
RCD Breaks Ground on 116-Unit Thornton & Post Affordable Housing in Fremont, Backed by $45.8MM State Award
Resources for Community Development has started construction on a five-story, 116-apartment affordable community on a vacant Centerville corner, pairing a $45.8 million state...
JSB Capital Group, Faulkner Capital Partners Buy 135-Unit Bayfair Apartments in San Lorenzo for $31.1MM
JSB Capital Group and Faulkner Capital Partners have acquired the 135-unit Bayfair Apartments in San Lorenzo for $31.1 million, about 10 percent below...
MDH Partners Pays $22.5MM for Siemens-Leased 108,000 SQFT Industrial Building in Livermore, Nearly Doubling 2020 Price
Georgia-based MDH Partners has made its Bay Area debut by buying a fully leased, high-power Livermore industrial building from LBA Properties for $22.5...
Power Integrations Markets 179,000 SQFT South San Jose Headquarters Campus for Sale With Two-Year Leaseback
Chipmaker Power Integrations has put its three-building Hellyer Avenue headquarters campus in South San Jose on the market, offering a buyer two years...
Sand Hill Property Files Plans for 194 Apartments and 50,000 SQFT Office on Stanford Research Park Parking Lot in Palo Alto
A Sand Hill Property Company affiliate has asked Palo Alto to approve an eight-story, 194-unit apartment building and a three-story office and R&D...
High Street Residential Pitches Eight-Story, 200-Unit Apartment Building at 720 San Antonio Road in Palo Alto
Trammell Crow Company affiliate High Street Residential wants to replace three low-rise commercial buildings at 720 San Antonio Road with an eight-story, 200-unit...
Santa Clara Council Approves Core Cos.’ Swap of 160 Apartments for 44 Townhomes at Agrihood
The Santa Clara City Council voted 4-0 to let The Core Cos. build 44 for-sale townhomes instead of 160 apartments on the last...
Federal Realty’s Q3 Playbook: Sell Coastal Retail in the Mid-5s, Buy Dominant Centers Inland
Federal Realty Investment Trust beat estimates and raised guidance in the third quarter, but the more telling signal is a capital-recycling strategy that...
Hacienda Edges Vacancy Below 18% as Pleasanton Campus Builds Momentum Into Year-End
Hacienda, Northern California’s largest mixed-use development, continued to demonstrate steady leasing performance during the third quarter of 2026, supported by declining vacancy, positive...
Bay Area Office Inventory Shrinks by 12.9MM SQFT in a Year as Colliers Reclassifies Flex Space, Clouding Vacancy Comparisons
Colliers moved flex properties out of its Bay Area office count, leaving the tracked inventory 12.9 million square feet smaller than a year...
Federal Realty’s Q3 Playbook: Sell Coastal Retail in the Mid-5s, Buy Dominant Centers Inland
Federal Realty Investment Trust beat estimates and raised guidance in the third quarter, but the more telling signal is a capital-recycling strategy that...
America Still Builds Houses Like It’s 1925. Sweden, Germany and Japan Would Like a Word
While Swedish, German and Japanese homebuilders long ago moved much of the work indoors, the US still builds 97 percent of its conventional...
Brookfield’s $26B Fund VI Haul Sets Up a New Wave of Capital for Northern California Power and AI Assets
Brookfield Asset Management has lined up $26 billion for its sixth flagship infrastructure fund and expects a first close within weeks, building a...
McNellis: Choosin’ Texas?
Texas is booming, with new retail, data centers and people. But the same easy land and fast approvals that drive the boom also...
Bay Area Voters Help Sink Prop 45, Sending CEQA Overhaul Back to Sacramento
California voters rejected the Chamber of Commerce's Proposition 45 by a double-digit margin, with Bay Area counties leading the opposition and sending the...
Northern California Commercial Real Estate News
From Lease Up to Stabilization
Woodmont Real Estate Services’ Michelle Widjaja and Jeff Bosshard explain why reaching 95% occupancy quickly matters to owners and lenders, and how...
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Vornado’s 555 California Street Hits Record $163 Rents as AI Demand Lifts San Francisco Office Market
Vornado Realty Trust told investors on its third-quarter earnings call that its Financial District complex signed 55,000 square feet of leases at an...
Kilroy Says San Francisco’s Big Blocks Are Vanishing as Bay Area Carries Its 815,000 SQFT Third Quarter
Kilroy Realty's San Francisco Bay Area portfolio climbed to 82.7 percent leased in the third quarter on a 243,000-square-foot Box renewal in Redwood...
Tri-Valley Office Vacancy Dips to 23% as Owner-Users Pay Up in Dublin and Pleasanton
Kidder Mathews' third-quarter numbers show Tri-Valley office vacancy easing again while two owner-users in Dublin and Pleasanton paid more than double campus-scale pricing,...
T&T Supermarket Sets Nov. 5 Opening for 50,000 SQFT Store at Acadia’s San Francisco City Center, Filling Former Best Buy Box
T&T Supermarket will open its first San Francisco store on Nov. 5 in a roughly 50,000-square-foot third-floor space at Acadia Realty Trust's City...
Mission Bay Office Asking Rents Hit Record $130.90 Per SQFT as SOMA Rates Jump 32% Year Over Year
San Francisco office landlords are pricing their remaining large blocks like a seller's market again, driving Mission Bay/China Basin asking rents to a...
Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race
By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...
Shola Olatoye Exits as CEO of San Francisco Downtown Development Corp. After a Year; Sixth Street’s TJ Wenzel Steps In
Shola Olatoye is leaving the San Francisco Downtown Development Corp. little more than a year after becoming its first chief executive, handing interim...
Swinerton Taps Blach Construction Veteran Kim Scott as Project Executive for NorCal TK-14 Education Team
Swinerton has brought on Kim Scott, a longtime Blach Construction vice president and ENR National Top 20 Under 40 honoree, as project executive...
GSA Taps Cushman & Wakefield’s Mark Weiss to Run Public Buildings Service as Richmond, Santa Rosa Federal Buildings Await Buyers
Mark S. Weiss, a 42-year New York office broker and executive vice chairman at Cushman & Wakefield, will take over the federal government's...
Meridian Commercial’s James Schultz Earns Basin Street Properties’ Q3 Broker of the Quarter Honor
Basin Street Properties names Meridian Commercial’s James Schultz its Q3 2026 Broker of the Quarter for his North Bay leasing work.
Skyline Construction Taps Google and Qualcomm Campus Builder Steve Dunne to Lead Northern California Growth
Employee-owned general contractor Skyline Construction has brought veteran Silicon Valley builder Steve Dunne aboard as senior project executive, adding nearly four decades of...
America Still Builds Houses Like It’s 1925. Sweden, Germany and Japan Would Like a Word
While Swedish, German and Japanese homebuilders long ago moved much of the work indoors, the US still builds 97 percent of its conventional...
McNellis: Choosin’ Texas?
Texas is booming, with new retail, data centers and people. But the same easy land and fast approvals that drive the boom also...
Vermont Built a Catalog of Pre-Approved Homes. California Should Finish the Job
Vermont is about to hand builders 10 free, pre-approved home designs, and California, which already mandates the idea for backyard units, should extend...
Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race
By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
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...
Sites Reservoir Wins State Water Right, Moving $6.2B-Plus Project From Permitting to Financing
The State Water Resources Control Board unanimously approved a water right permit for the 1.5 million acre-foot Sites Reservoir in Colusa and Glenn...
Stanford Medicine, Sutter Health Open $400MM, 167,000 SQFT Cancer Center on Oakland’s Pill Hill
Stanford Medicine and Sutter Health cut the ribbon on a five-story, 167,000 square foot outpatient cancer center at 3023 Summit St. on Oakland's...
Harrigan Weidenmuller Brings 135,000 SQFT 222 Sutter Street to Market With Roughly $40MM Pricing Guidance
Harrigan Weidenmuller Co. is marketing the 135,196-square-foot W&J Sloane Building at 222 Sutter Street, a 22 percent leased 1908 office and retail landmark...
San Francisco’s $130MM Ocean Beach Climate Adaptation Project Slips to a Late 2029 Construction Start
The San Francisco Public Utilities Commission is pressing ahead with a roughly $130 million plan to replace the Great Highway south of Sloat...
Sterling Stages ‘Demo Day’ at Osgood Landing as 150,000 SQFT Former Fry’s in Fremont Opens Hunt for Manufacturing Tenant
Sterling Organization and Fremont Mayor Raj Salwan kicked off tenant recruitment at Osgood Landing with a ceremonial wall demolition on Nov. 12, turning...
Brian Chesky’s $100MM Gift Fast-Tracks Five San Francisco Park Projects, From SoMa West to the Embarcadero
Airbnb co-founder Brian Chesky's personal $100 million commitment to San Francisco's Recreation and Park Department puts $39 million to work immediately on five...
Silicon Valley Money Sinks Prop 40 Billionaire Tax as San Francisco Votes Yes and Peninsula Says No
The Associated Press called Proposition 40 defeated on Nov. 9, ending a one-time 5 percent tax on California billionaires' net worth after a...
Invesco Closes $62.2MM Buy of 63,000 SQFT 1400 Veterans Medical Office in Redwood City at $995 Per SQFT
A Peninsula medical office building that a Nevada pension fund targeted this summer has now traded for $62.19 million, landing among the highest...
