Prologis Bets on Bay Area Data Center Supply Chain as Regional Portfolio Holds 95.9% Occupancy
Prologis' third-quarter results show its Bay Area and Central Valley warehouses running near full while the company pushes deeper into data centers in...
TMG Partners, KKR Buy Vacant 435K SQFT Skyport Plaza in San Jose for $75.5MM, Sign 30-Year Lease with Santa Clara County
Two empty office towers in North San Jose formerly occupied by Qualcomm have found a buyer and a tenant at the same time....
Bay Area Lab Construction Shrinks to 800,000 SQFT as San Diego and Seattle Pipelines Go Dark
The San Francisco Bay Area’s life science construction pipeline has shrunk to 800,000 square feet while San Diego and Seattle have none underway,...
Nordstrom Rack Returns to San Francisco With 51,000 SQFT Union Square Store at 2 Stockton Street
Three years after Nordstrom pulled both of its downtown San Francisco stores, the retailer is bringing its off-price Nordstrom Rack brand back to...
West Valley College Puts $170MM to Work on Performing Arts Center, Relocated Wellness Center in Saratoga
West Valley-Mission Community College District has put roughly $170 million in contracts to work on a new Performing Arts Center and a relocated...
Brannan Street Becomes San Francisco’s Big-Deal Hub as SOMA Leads Q3 With 484,000 SQFT Absorbed
With three of the third quarter's six leases of 100,000 square feet or more landing in South of Market, San Francisco's biggest office...
Brex and Cognition Trade 41,000 SQFT of Starter Space for 380,000 SQFT in SOMA, Testing San Francisco’s Startup Pipeline
As fast-growing AI and tech companies jump from 16,000- and 25,000-square-foot suites into full SOMA buildings, CBRE's Q3 2026 San Francisco office report...
Community Development Partners Starts Construction on $59MM, 92-Unit Canvas Affordable Housing in Downtown Fremont
Community Development Partners has started construction on Canvas, a five-story, 92-unit affordable community at 39340 Fremont Boulevard that pairs a 4 percent tax...
San Francisco Posts Nation’s Fastest Office Visit Growth at 12.2% as AI Boom Pulls Workers Back
San Francisco office buildings drew 12.2 percent more visits in September than a year earlier, the fastest annual gain of any major U.S....
Palo Alto Class B Office Trades Top $500 Per SQFT Even as Submarket Vacancy Barely Moves
Palo Alto's office vacancy improved just 10 basis points over the past year, trailing neighboring submarkets, yet institutional buyers frequently paid more than...
EQT Clinches San Francisco’s Stockbridge in Deal Worth Up to $550MM, Absorbing $16.5B in Fee-Earning Real Estate AUM
Swedish investment giant EQT AB has agreed to buy San Francisco-based Stockbridge for $375 million in cash plus up to $175 million in...
Hacienda Maintains Momentum with Steady September Leasing Activity
Hacienda, the premier mixed-use business hub in Northern California, maintained steady momentum in September 2026, with space utilization edging upward and leasing activity...
Prologis Bets on Bay Area Data Center Supply Chain as Regional Portfolio Holds 95.9% Occupancy
Prologis' third-quarter results show its Bay Area and Central Valley warehouses running near full while the company pushes deeper into data centers in...
Bay Area Lab Construction Shrinks to 800,000 SQFT as San Diego and Seattle Pipelines Go Dark
The San Francisco Bay Area’s life science construction pipeline has shrunk to 800,000 square feet while San Diego and Seattle have none underway,...
Brannan Street Becomes San Francisco’s Big-Deal Hub as SOMA Leads Q3 With 484,000 SQFT Absorbed
With three of the third quarter's six leases of 100,000 square feet or more landing in South of Market, San Francisco's biggest office...
San Francisco Posts Nation’s Fastest Office Visit Growth at 12.2% as AI Boom Pulls Workers Back
San Francisco office buildings drew 12.2 percent more visits in September than a year earlier, the fastest annual gain of any major U.S....
Palo Alto Class B Office Trades Top $500 Per SQFT Even as Submarket Vacancy Barely Moves
Palo Alto's office vacancy improved just 10 basis points over the past year, trailing neighboring submarkets, yet institutional buyers frequently paid more than...
Bay Area NIH Funding Slips to $1.3B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Bay Area researchers slipped to $1.3 billion in the fiscal year that ended Sept. 30, part of...
Northern California Commercial Real Estate News
Hacienda Maintains Momentum with Steady September Leasing Activity
Hacienda, the premier mixed-use business hub in Northern California, maintained steady momentum in September 2026, with space utilization edging upward and leasing...
Continue ReadingPrologis Bets on Bay Area Data Center Supply Chain as Regional Portfolio Holds 95.9% Occupancy
Prologis' third-quarter results show its Bay Area and Central Valley warehouses running near full while the company pushes deeper into data centers in...
San Jose Class A Office Vacancy Falls Below Its Long-Term Average as Class B and C Space Lags
Class A office vacancy in the San Jose metro fell 340 basis points in a year to 17.3 percent, slipping beneath the segment's...
AI Firms Lease 2.9 Million SQFT in San Francisco in H1 2026, Topping Any Prior Full Year
A new Savills and CompStak report finds that AI companies leased 2.9 million square feet of San Francisco office space in the first...
Savills: Silicon Valley Office Leasing Hits Post-Pandemic High of 4.9 Million SQFT
Silicon Valley office leasing more than doubled year over year to 4.9 million square feet in the third quarter of 2026, with Sunnyvale...
Savills: Silicon Valley Office Leasing Hits Post-Pandemic High of 4.9 Million SQFT
Silicon Valley office leasing more than doubled year over year to 4.9 million square feet in the third quarter of 2026, with Sunnyvale...
VTS Lifts 2026 San Francisco Office Leasing Forecast 13% to 14.5MM SQFT as AI Demand Converts to Signed Leases
Sustained artificial intelligence demand is converting into signed office leases in San Francisco faster than VTS expected, pushing the firm to raise its...
JLL Names Capital Markets Chief Mark Gibson Its First U.S. Country CEO, Taps Kevin MacKenzie as Successor
JLL has elevated Mark Gibson, the former HFF chief who has run its Americas capital markets business for seven years, into a newly...
HR&A Advisors Adds Former Biden White House Aide David Eichenthal to Sharpen Public Budget Practice
HR&A Advisors has brought on David Eichenthal, a veteran of the Biden White House, the U.S. Treasury and city finance offices from New...
Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion
Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...
Woodmont Real Estate Services Taps Lilian Betancourt Norlin as Commercial Regional Manager for Peninsula, South Bay Portfolio
Belmont-based Woodmont Real Estate Services has hired Lilian Betancourt Norlin as a commercial regional manager, handing her a mix of office, industrial and...
Port of Oakland Taps Oakland Native Carl Cade as Chief Real Estate Officer to Lead Waterfront Revitalization
The Port of Oakland has handed control of its real estate portfolio, from Jack London Square to the Oakland Airport Business Park, to...
Salad Days
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...
The Exit for the Rent-Capped Building
Prop 13 keeps him in. Rent control starves him. Prop 19 took away the ending he was counting on. There's a third door,...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
San Francisco Recovery Fund Files Formal Plans for 1.5MM SQFT Fifty at First Office Tower, Holds Hotel and Housing Tower in Reserve
The San Francisco Recovery Fund has formally asked city planners to rework the stalled Oceanwide Center approvals at First and Mission streets, trading...
Zeno Power Leases Vallecitos Hot Cells for Nuclear Battery Plant as NorthStar Decommissions 1,600-Acre Sunol Campus
Zeno Power has leased the shielded hot cell complex at the Vallecitos Nuclear Center in Sunol to build nuclear batteries for defense and...
Bay Area NIH Funding Slips to $1.3B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Bay Area researchers slipped to $1.3 billion in the fiscal year that ended Sept. 30, part of...
Disney Streaming Signs 76,000 SQFT Lease at One Market Plaza, Handing Rithm and Blackstone a Win Ahead of $850MM Loan Deadline
CBRE's third-quarter deal tally confirms that Disney Streaming Services has signed a 76,000-square-foot new lease at One Market Plaza, turning a June letter...
CMBS Investors Take Total Loss on $48MM Loan as 103,000 SQFT of San Francisco’s 1155 Market Sells for $8MM
The $48 million CMBS loan on the lower eight floors of 1155 Market Street has been liquidated with nothing returned to principal, after...
Sacramento Office Vacancy Holds at 11% as Leasing Slows and Asking Rents Slip
Sacramento's office market kept direct vacancy at 11.0 percent in the third quarter despite slightly negative absorption, as state agency consolidation, cautious private...
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...
San Jose Taps Episcopal Community Services to Convert $22.9MM Arena Hotel Shelter Into Permanent Housing
San Jose is moving to hand the Arena Hotel, the 90-room interim shelter it bought with state Homekey and Measure E money in...
