Welltower Acquires 195-Unit Novelle Senior Living Community for $99.6MM in San Jose
Welltower closed an all-cash, $99.6 million purchase of the newly built Novelle Senior Living community in San Jose’s Willow Glen neighborhood, a deal...
Vanguard Properties Acquires Oakland’s Abio Properties, Pushing Into East Bay Against Compass
San Francisco's largest independent brokerage is absorbing 10-year-old Abio Properties and retiring its name, a defensive East Bay expansion as Compass consolidates the...
MJD Capital’s Boatworks Mall Heads to $14.4MM Foreclosure Auction in Tahoe City
San Francisco developer MJD Capital Partners is poised to lose one of North Lake Tahoe's most recognizable waterfront properties, as its long-stalled plan...
Northern California Sidelined in Data Center Boom as Power Limits Push Capacity to Texas
Northern California, the birthplace of Silicon Valley, now holds barely 1 gigawatt of data center capacity and does not rank among North America's...
Menlo Equities Affiliate Pays $15.75MM, or $1,221 PSF, for Downtown Palo Alto Office
A small downtown Palo Alto office building just traded at a price per square foot that ranks among the highest paid for office...
Miramar Capital Secures $16.5MM Cash-Out Refi for 99,300 SQFT Santa Clara Office
Priority Capital Advisory canvassed 101 lenders to land a $16.5 million non-recourse refinance for Miramar Capital’s Santa Clara office building, a deal that...
Controller Pegs Prop G Great Highway Reopening at $9.8MM, Plus $1.9MM a Year
The first official cost estimate for Proposition G puts the price of returning weekday cars to the Upper Great Highway at $9.8 million...
AI Search Startup Exa Leases 40,000 SQFT Pioneer Building in San Francisco, Following OpenAI and xAI
Exa, the five-year-old artificial intelligence search company backed by Andreessen Horowitz, has signed a seven-year lease for the Mission District's landmark Pioneer Building,...
San Francisco Lands Back-to-Back MLB and WNBA All-Star Games, Setting Up a Tourism and Retail Windfall
San Francisco has secured the 2027 WNBA All-Star Game at Chase Center and the 2028 MLB All-Star Game at Oracle Park within a...
Fed Holds Rates Steady in July With Three Dissents as Goldman Sees No Hike Through 2026
The Federal Reserve left its benchmark rate unchanged at its July meeting despite the closest call on a hike in three decades, offering...
Valiance Capital, Canyon Partners Open 265-Bed The Valiant Student Housing Tower in Berkeley’s Southside
A joint venture of Canyon Partners Real Estate, The Martin Group and Berkeley-based Valiance Capital has completed The Valiant, an 88-foot student housing...
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...
Vanguard Properties Acquires Oakland’s Abio Properties, Pushing Into East Bay Against Compass
San Francisco's largest independent brokerage is absorbing 10-year-old Abio Properties and retiring its name, a defensive East Bay expansion as Compass consolidates the...
Northern California Sidelined in Data Center Boom as Power Limits Push Capacity to Texas
Northern California, the birthplace of Silicon Valley, now holds barely 1 gigawatt of data center capacity and does not rank among North America's...
Controller Pegs Prop G Great Highway Reopening at $9.8MM, Plus $1.9MM a Year
The first official cost estimate for Proposition G puts the price of returning weekday cars to the Upper Great Highway at $9.8 million...
San Francisco Lands Back-to-Back MLB and WNBA All-Star Games, Setting Up a Tourism and Retail Windfall
San Francisco has secured the 2027 WNBA All-Star Game at Chase Center and the 2028 MLB All-Star Game at Oracle Park within a...
Fed Holds Rates Steady in July With Three Dissents as Goldman Sees No Hike Through 2026
The Federal Reserve left its benchmark rate unchanged at its July meeting despite the closest call on a hike in three decades, offering...
Alameda County Weighs Handing Supervisors Power Over Measure D, Easing Development Limits on Livermore’s Protected Hills
Alameda County supervisors have begun studying whether to ask voters to relinquish their exclusive authority over Measure D, the 25-year-old growth-control law protecting...
Northern California Commercial Real Estate News
When Culture and Strategy Integrate to Become Your Brand and Corporate Identity
By Jeff Bosshard, CPM®, President of Multifamily Operations, Woodmont Real Estate Services It would be convenient for me to start this article...
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AI Search Startup Exa Leases 40,000 SQFT Pioneer Building in San Francisco, Following OpenAI and xAI
Exa, the five-year-old artificial intelligence search company backed by Andreessen Horowitz, has signed a seven-year lease for the Mission District's landmark Pioneer Building,...
Heron Power Leases 286,000 SQFT in Morgan Hill for First US Factory, Pledging $100MM and 600 Jobs
American power-electronics startup Heron Power has committed to a 286,000-square-foot building at 850 Jarvis Drive in Morgan Hill for Heron Factory One, its...
AI Now Fills 10% of San Francisco Office Supply as Bay Area Job Postings Jump 45%
JLL research lead Alexander Quinn says Bay Area office-job demand and San Francisco AI leasing are both climbing sharply, cutting against fears that...
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...
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 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,...
Mohr Partners Taps East Bay Veteran Kam Schroeder as First President of Brokerage
Mohr Partners has recruited longtime East Bay broker Kam Schroeder to fill a newly created President of Brokerage post, betting on a 20-year...
Kilroy Realty CFO Jeffrey Kuehling Exits as Eliott Trencher Takes Interim Finance Helm
Kilroy Realty Corporation said Chief Financial Officer Jeffrey Kuehling is departing the Los Angeles-based office and life science REIT effective immediately, handing interim...
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...
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...
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)...
Alameda County Weighs Handing Supervisors Power Over Measure D, Easing Development Limits on Livermore’s Protected Hills
Alameda County supervisors have begun studying whether to ask voters to relinquish their exclusive authority over Measure D, the 25-year-old growth-control law protecting...
93,000 SQFT Downtown Novato Center Lists for $24.76MM in Marin County
Downtown Novato Center, a 93,405-square-foot grocery-anchored retail hub co-anchored by Lucky California and CVS Pharmacy, has come to market in affluent Marin County...
Sacramento’s Rental Housing Bills Advance Toward Final Votes, With Real Stakes for Northern California Landlords
California’s rental housing industry closed out the Legislature’s frantic August suspense-file hearings with several of its top priorities intact, even as a closely...
State of California Signs 28,000 SQFT Lease at Del Paso Corporate Center in North Natomas
The State of California has locked down 27,781 square feet at Del Paso Corporate Center in North Natomas, a commitment that matches to...
Sack Capital Partners, LEM Capital Acquire 122-Unit Koda Apartments in Fremont
Sack Capital Partners and LEM Capital buy Fremont's 122-unit Koda Apartments, betting on a supply-constrained Silicon Valley submarket.
Nimitz Group’s 2MM SQFT Mare Island Shipyard Hits the Market in Vallejo
JLL markets Mare Island's 350-acre former Navy shipyard as federal shipbuilding mandates fuel the largest maritime buildout since WWII.
Valley Oak Partners’ 41,000 SQFT Agnews Historic Campus Hits the Market in Santa Clara
A landmark cluster once run by the state, later restored by Sun Microsystems, is now up for grabs on its own terms —...
Canopy Clinches Presidio’s Largest Lease of 2026 with Full 40,000 SQFT Building 102 in San Francisco
Boutique coworking operator Canopy has leased the entire 40,000-square-foot Building 102 on the Presidio's Main Post, its fourth San Francisco location and the...