Heath Freeman Buys San Jose Earthquakes and 18,000-Seat PayPal Park in $625MM Deal
Alden Global Capital President Heath Freeman has agreed to acquire the San Jose Earthquakes along with PayPal Park, the club-owned stadium on Coleman...
OpenAI Inks 70,000 SQFT Lease With Peninsula Land & Capital at Power-Rich 2950 Zanker Road in San Jose
OpenAI has signed a 70,000-square-foot direct lease at Peninsula Land & Capital's 2950 Zanker Road in North San Jose, according to Colliers, turning...
Morgan Stanley’s Prime Property Fund Puts 250,000 SQFT 150 California Street on the Market in San Francisco
Morgan Stanley's Prime Property Fund is marketing 150 California Street, a 249,960-square-foot, 24-story Financial District tower completed in 2000, as investors return to...
Sanmina Leases Roughly 103,000 SQFT Heavy-Power Building at 2581 Junction Avenue in North San Jose
Sanmina has signed a direct lease for roughly 103,000 square feet at 2581 Junction Avenue in North San Jose, taking a heavy-power R&D...
VTA Completes 83-Foot Tunnel Launch Shaft for $12.7B BART Silicon Valley Phase II, Readies Herrenknecht Boring Machine
The Santa Clara Valley Transportation Authority has finished the deep launch shaft at its Newhall Yard work site, clearing the way to lower...
Dermody Acquires Vacant 606,000 SQFT Tracy 205 Logistics Center from CBRE Investment Management Venture, Assessed at $70MM
Dermody has bought the Tracy 205 Logistics Center, a never-occupied 606,343-square-foot cross-dock warehouse that a CBRE Investment Management fund and Trammell Crow Company...
Cloverdale Greenlights Esmeralda: 605 Homes and 160-Room Resort Hotel on Long-Stalled Former Mill Site
After two years of hearings and a late-night final debate, Cloverdale's City Council handed Devon Zuegel's Esmeralda Land Company the entitlements to turn...
Poseidon Aerospace Takes 111,000 SQFT 1941 Navy Hangar at Alameda Point to Build Pilotless Cargo Planes
Autonomous cargo aircraft developer Poseidon Aerospace has taken 111,000 square feet in a World War II-era Navy hangar at 1190 W Tower Avenue...
Arm Eyes Google-Leased 222,000 SQFT 750 Moffett as It Weighs Moving U.S. Headquarters From San Jose to Mountain View
Chip designer Arm has submitted a letter of intent to lease the entire five-story office building at 750 Moffett Blvd. in Mountain View,...
Gilroy Village Shopping Center Hits Market at $30MM: 124,000 SQFT Center With a Dark Former 99 Cents Only Anchor Box
A 13-acre neighborhood center anchored by Smart & Final and Crunch Fitness on Gilroy's East 10th Street corridor is for sale at $30...
Bay Area Office Vacancy Falls Below 20% as Region Absorbs 4.9MM SQFT in 2026, but Oakland and Tri-Valley Still Lose Ground
Regional office vacancy fell to 19.3 percent in the third quarter as tenants absorbed 1.7 million square feet, but the gains remain concentrated...
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 Vacancy Falls Below 20% as Region Absorbs 4.9MM SQFT in 2026, but Oakland and Tri-Valley Still Lose Ground
Regional office vacancy fell to 19.3 percent in the third quarter as tenants absorbed 1.7 million square feet, but the gains remain concentrated...
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...
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...
Continue ReadingOpenAI Inks 70,000 SQFT Lease With Peninsula Land & Capital at Power-Rich 2950 Zanker Road in San Jose
OpenAI has signed a 70,000-square-foot direct lease at Peninsula Land & Capital's 2950 Zanker Road in North San Jose, according to Colliers, turning...
AI Tenants Push San Francisco Trophy Office Rents Toward $180 as ‘Flight to Experience’ Takes Hold
On the latest episode of CBRE's The Weekly Take podcast, Presidio Bay founder Cyrus Sanandaji and CBRE's Conor Famulener argued that San Francisco's...
Undisclosed Tenant Signs 154,000 SQFT R&D Lease at 2020-2040 Williams Street, East Bay’s Largest of Q3, in San Leandro
An unnamed occupier has committed to 154,000 square feet of research and development space along San Leandro's Williams Street industrial corridor, a single...
Sobrato Set to Break Ground in November on 427,000 SQFT Fremont Advanced Manufacturing Campus, City Official Says
The Sobrato Organization will start construction next month on a three-building advanced manufacturing campus along Warm Springs Boulevard in Fremont, a city official...
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...
Robotics Leasing Blows Past 5MM SQFT in 2026, Tripling JLL’s Bay Area Forecast
JLL's top Northwest researcher bet that robotics companies would lease at least 1.5 million square feet this year, but the physical AI sector...
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...
Panattoni to More Than Double Holt of California’s Sutter County Headquarters With 167,000 SQFT Expansion in Pleasant Grove
Panattoni Development is building two concrete tilt-up buildings totaling about 167,000 square feet at Holt of California's headquarters at 7310 Pacific Ave. in...
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...
