Federal Realty Advances Santana Row’s Lot 12 in San Jose as Record Quarter Fuels Residential Push
Federal Realty Investment Trust told analysts its Lot 12 residential project at San Jose's Santana Row remains on time and on budget for...
PG&E Chases 12.7 GW of AI Data Center Demand as Texas Fights to Pull It Away
A century-old utility built to sell less electricity has stood up an economic-development team to court AI data centers, but the contest now...
MIR Mosaic Relocates Headquarters to 90,000 SQFT Morgan Hill Building in $19.6MM Butterfield 5 Deal
Wholesale tile distributor MIR Mosaic is trading its longtime San Jose base for a larger building at Morgan Hill's Butterfield 5 industrial park,...
Joby’s New Vertiport Developer Names California, the One Launch Market Without Federal Cover
Atoms, Travis Kalanick's post-Uber holding company, will develop Joby Aviation's air-taxi stations in California, but the state is the only one of the...
Mochila Fulfillment Renews 165,000 SQFT at Southport Business Park in West Sacramento
Mochila Fulfillment has committed to staying put in West Sacramento, renewing 165,342 square feet at Southport Business Park in a quarter when renewals...
SFPUC Moves to Extend Islais Creek Wastewater Bypass 25 Years
The San Francisco Public Utilities Commission is retooling a “temporary” wastewater pipeline across Islais Creek into a 25-year fixture, opting for a leaner...
Kimco Realty Seeks Four-Year Extension as San Jose’s Cambrian Park Plaza Redevelopment Stalls
Six years after San Jose blessed one of its most ambitious suburban makeovers, the owner of Cambrian Park Plaza is asking the city...
Rainbow Housing Assistance Corp Acquires 231-Unit City Towers for $35.2MM in West Oakland
Rainbow Housing Assistance Corp. closed on a $35.2 million acquisition of City Towers, a 231-unit high-rise complex in West Oakland, preserving the property’s...
Mochila Fulfillment Renews 165,000 SQFT at Southport Business Park in West Sacramento
Mochila Fulfillment has committed to staying put in West Sacramento, renewing 165,342 square feet at Southport Business Park in a quarter when renewals...
Visit Tri-Valley Floats $365MM, 100,000 SQFT Event Center in Dublin as Pleasanton Balks at Public Funding
Visit Tri-Valley has pitched a $365 million convention, sports and performing-arts complex beside the Dublin/Pleasanton BART station, but a privately owned venue leaning...
Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End
Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...
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...
PG&E Chases 12.7 GW of AI Data Center Demand as Texas Fights to Pull It Away
A century-old utility built to sell less electricity has stood up an economic-development team to court AI data centers, but the contest now...
Joby’s New Vertiport Developer Names California, the One Launch Market Without Federal Cover
Atoms, Travis Kalanick's post-Uber holding company, will develop Joby Aviation's air-taxi stations in California, but the state is the only one of the...
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...
Barry Gosin to Step Down as Newmark CEO After Nearly Five Decades; Board Targets Successor by Year End
Barry Gosin, who built Newmark from a regional brokerage into one of the fastest-growing publicly traded commercial real estate firms in the world,...
Brookfield Clinches Record $77B Quarter, Pushing Assets Past $1 Trillion
Brookfield Asset Management pulled in a company-record $77 billion during the second quarter of 2026, lifting its assets under management past $1 trillion...
San Francisco Office Demand Hits Highest Level Since 2019 as AI Drives 42% of 2026 Leasing
San Francisco's office market logged its fourth straight quarter of positive absorption at midyear 2026, as a revival of large space requirements, an...
Northern California Commercial Real Estate News
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,...
Continue ReadingMIR Mosaic Relocates Headquarters to 90,000 SQFT Morgan Hill Building in $19.6MM Butterfield 5 Deal
Wholesale tile distributor MIR Mosaic is trading its longtime San Jose base for a larger building at Morgan Hill's Butterfield 5 industrial park,...
Beacon Capital Lists 273,000 SQFT 655 Montgomery in San Francisco with $150MM Guidance
Beacon Capital Partners has enlisted JLL to sell 655 Montgomery Street, an 87 percent-leased Class A tower facing the Transamerica Pyramid, betting that...
Government and Healthcare Carry Sacramento Office Market as Vacancy Falls to 15.7% and Leasing Drops 28%
Sacramento’s office vacancy declined and absorption turned positive in the second quarter, but every one of the market’s five largest leases went to...
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...
Clint Reilly, Political Operative Turned $400MM San Francisco Property Owner, Dies at 79
Clint Reilly, who parlayed a career as one of California’s most influential campaign strategists into a nine-figure San Francisco real estate and media...
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...
Lurie Taps Real Estate Veteran to Run Port of San Francisco as Waterfront Development Pipeline Swells
San Francisco Mayor Daniel Lurie has elevated Michael Martin from acting chief to permanent executive director of the Port of San Francisco, handing...
Berkadia Taps Veteran Multifamily Executive as Chief Revenue Officer to Unify Mortgage Banking and Investment Sales Platforms
Berkadia has appointed a veteran multifamily capital markets executive as its new Chief Revenue Officer, tasking him with unifying and scaling the firm’s...
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)...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
Brookfield Clinches Record $77B Quarter, Pushing Assets Past $1 Trillion
Brookfield Asset Management pulled in a company-record $77 billion during the second quarter of 2026, lifting its assets under management past $1 trillion...
San Francisco Office Demand Hits Highest Level Since 2019 as AI Drives 42% of 2026 Leasing
San Francisco's office market logged its fourth straight quarter of positive absorption at midyear 2026, as a revival of large space requirements, an...
Brisbane Baylands Returns to Planning Commission Aug. 13, Weeks After State Revokes City’s Housing Compliance
Brisbane's Planning Commission will take up the Baylands Specific Plan and Final Environmental Impact Report on Aug. 13, its seventh hearing on the...
Interior Department Denies Gaming Eligibility for Scotts Valley Band’s $700MM Vallejo Casino Resort
The U.S. Department of the Interior has withdrawn the gaming eligibility determination underpinning the Scotts Valley Band of Pomo Indians' $700 million casino...
Blackstone Sells 1.9MM SQFT Sacramento Industrial Portfolio to Blue Rise Ventures and DRA Advisors for ~$245MM
Blackstone sold a 28-building, 1.9 million-square-foot industrial portfolio in Sacramento’s North Natomas submarket to Blue Rise Ventures and DRA Advisors, marking the region’s...
Redwood Beverage Group Leases Entire 237,000 SQFT Building on Carlin Drive in West Sacramento
Nine months after acquiring a shuttered West Sacramento bottling plant that had put more than 350 people out of work, Redwood Beverage Group...
Government and Healthcare Carry Sacramento Office Market as Vacancy Falls to 15.7% and Leasing Drops 28%
Sacramento’s office vacancy declined and absorption turned positive in the second quarter, but every one of the market’s five largest leases went to...
Grocers, Medtail and Coffee Chains Turn Silicon Valley Retail Into a Landlord’s Market
Silicon Valley’s retail landscape has shifted into a landlord’s market, where ethnic grocers, medical users and drive-thru coffee chains are competing over a...