Prologis Files Plans for 514,000 SQFT Data Center on Charcot Avenue in North San Jose
Prologis wants to tear down five aging North San Jose industrial buildings and put up a 99-megawatt, three-story data center at 326 Charcot...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Wells Fargo Sees Higher Rate Floor Squeezing Bay Area Housing as AI Buildout Powers Data Centers
Wells Fargo's latest economic outlook argues that a structurally higher floor under long-term interest rates will keep pressure on Northern California housing and...
AI Mega-IPOs Push Bay Area Exit Value Past $300B, Quadrupling All of 2025
The San Francisco Bay Area captured more than $300 billion in expansion-stage company exits in the first half of 2026, dwarfing every other...
45,300 SQFT Flex Industrial Property Listed for $15.5MM Near STACK Data Center in San Jose
San Jose's push to align zoning with its General Plan — sparing owners a costly rezoning process — adds regulatory upside to a...
Sacramento Moves to Declare 102-Acre Meadowview Parcel Surplus Four Years After $12.3MM Purchase
Sacramento is preparing to declare its vacant 102-acre Meadowview property surplus under state law, a step that would open the door to selling...
Robotics Firm Pantheon Nearly Quadruples Waterfront Plaza Lease to 20,000 SQFT in San Francisco
Pantheon, a robotics company, has expanded its Waterfront Plaza office to 19,900 square feet from just 5,200 square feet only months after signing...
KB Home’s Northern California Business Holds Firm as Homebuilder Trims Q4 Outlook
KB Home lowered its fourth-quarter price and margin expectations after a weaker summer selling season, but executives said Northern California is performing as...
San Jose Earthquakes Take 17,000 SQFT Near Santana Row, Clearing Stadium-Side Space for Soccer Staff
The San Jose Earthquakes have relocated nearly 100 front-office employees to a furnished fourth-floor office at 560 S. Winchester Blvd. beside Santana Row,...
Fully Entitled 10-Acre North Natomas Site Hits Market at $5.65MM, Approved for 282 Apartments in Sacramento
CBRE has listed a fully entitled 10.13-acre parcel on Arena Boulevard in Sacramento's North Natomas submarket, approved for a 282-unit apartment community and...
Flynn Properties Takes 585,000 SQFT 225 Bush via Deed in Lieu After $221MM Loan Buy in San Francisco
Flynn Properties has now bought both 225 Bush St. and Market Center by acquiring the loan and taking a deed in lieu, getting...
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...
Wells Fargo Sees Higher Rate Floor Squeezing Bay Area Housing as AI Buildout Powers Data Centers
Wells Fargo's latest economic outlook argues that a structurally higher floor under long-term interest rates will keep pressure on Northern California housing and...
AI Mega-IPOs Push Bay Area Exit Value Past $300B, Quadrupling All of 2025
The San Francisco Bay Area captured more than $300 billion in expansion-stage company exits in the first half of 2026, dwarfing every other...
KB Home’s Northern California Business Holds Firm as Homebuilder Trims Q4 Outlook
KB Home lowered its fourth-quarter price and margin expectations after a weaker summer selling season, but executives said Northern California is performing as...
Propositions 1 and 37 Put $36B Housing Bet Before Northern California Voters
The two measures on California's November ballot would authorize more than $36 billion in bonds to build affordable apartments and push middle-income renters...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
Walnut Creek Opens 2050 General Plan Update With Community Workshop to Steer Housing and Land Use Through Midcentury
The City of Walnut Creek is launching a multi-year rewrite of the long-range blueprint that governs land use, housing and development across the...
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 ReadingAI Mega-IPOs Push Bay Area Exit Value Past $300B, Quadrupling All of 2025
The San Francisco Bay Area captured more than $300 billion in expansion-stage company exits in the first half of 2026, dwarfing every other...
Waymo Eyes 120,000 SQFT of Google’s Former Space at One Market Plaza as Rithm, Blackstone Race $850MM Loan Deadline
Alphabet's robotaxi unit Waymo has signed a letter of intent for roughly 120,000 square feet across three podium floors at One Market Plaza,...
OpenAI Nears Deal for 100,000 SQFT Cisco Sublease in San Francisco’s Mission Bay
OpenAI is closing in on a sublease for roughly 100,000 square feet at 500 Terry A. Francois Blvd. in San Francisco's Mission Bay,...
TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for Under $650MM
TMG and Grove step in as operating partners on a 140-acre, six-campus R&D platform even as vacancy climbs and per-square-foot pricing lags well...
California Clears Plug-In Solar Bill, Rewriting the Power Equation for Bay Area Renters and Landlords
California lawmakers sent SB 868 to Gov. Gavin Newsom on Aug. 26, clearing a path for renters and multifamily owners across PG&E's Northern...
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...
OCMI Sacramento Office Grows with New Staff
New Hires Signify Expansion of OCMI Cost Management in Northern California SACRAMENTO, CA — OCMI is proud to announce the addition of Cheryl...
Architectural Resources Group Names Ariane Fehrenkamp Associate Principal to Grow Design Practice
Architectural Resources Group has hired veteran architect Ariane Fehrenkamp as an associate principal, tasking the two-decade design leader with expanding the San Francisco-based...
JLL Elevates Paul Morgan to Chief Operating Officer in Accelerate 2030 Platform Push
The Chicago-based real estate giant has consolidated its enterprise operations under a single new executive as it moves to run as one unified,...
Sares Regis Elevates Drew Hudacek and Dave Hopkins to Co-CEOs as Founders Set Succession in Motion
Sares Regis Group of Northern California has handed day-to-day command of one of the Bay Area's most active development firms to two longtime...
Coblentz Expands Construction and Litigation Capabilities with the Arrival of New Partner Raymond Buddie
San Francisco-based law firm Coblentz Patch Duffy & Bass LLP is pleased to welcome Raymond Buddie to the firm’s partnership. Ray brings more...
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.
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,...
Waymo Eyes 120,000 SQFT of Google’s Former Space at One Market Plaza as Rithm, Blackstone Race $850MM Loan Deadline
Alphabet's robotaxi unit Waymo has signed a letter of intent for roughly 120,000 square feet across three podium floors at One Market Plaza,...
Hudson Pacific Sells 284,000 SQFT 875-899 Howard in San Francisco for $65.5MM
Hudson Pacific Properties has unloaded its two emptiest San Francisco office holdings for $65.5 million, entitling part of a vacant former Burlington Coat...
Propositions 1 and 37 Put $36B Housing Bet Before Northern California Voters
The two measures on California's November ballot would authorize more than $36 billion in bonds to build affordable apartments and push middle-income renters...
Basin Street Properties Acquires 113,000 SQFT Northgate Office Pair in San Rafael, Returning to Its Marin Roots
Basin Street Properties has closed on 899 and 1050 Northgate Drive, the 113,094-square-foot office and medical office pair that hit the market this...
MHP Hospitality Bets $8.5MM on Reviving Historic Hotel De Anza in Downtown San Jose
The new owner of San Jose's 94-year-old Hotel De Anza is spending $8.5 million to restore the Art Deco landmark and has recruited...
Central Valley Multifamily Holds Steady as Construction Pipeline Swells 44%, Led by Bakersfield
The Central Valley's apartment market absorbed all of its renter demand within existing inventory during the second quarter as vacancy tightened and rents...
Fair Association Weighs 32-Court Pickleball Complex at Alameda County Fairgrounds as Oversight Fight Escalates in Pleasanton
The Alameda County Fair Association is weighing a 32-court pickleball complex on a fairgrounds parking lot in Pleasanton, the latest year-round venture to...
Walnut Creek Opens 2050 General Plan Update With Community Workshop to Steer Housing and Land Use Through Midcentury
The City of Walnut Creek is launching a multi-year rewrite of the long-range blueprint that governs land use, housing and development across the...