Santa Clara County Opens $470MM, 207,000 SQFT Psychiatric Hospital With First Public Youth Beds in San Jose
Santa Clara County is opening a 77-bed, 207,000-square-foot psychiatric hospital at Santa Clara Valley Medical Center in San Jose, giving the county its...
Essex Property Trust Buys 474-Unit Lincoln Landing in Hayward for More Than $200MM, Doubling Down on the East Bay
Essex Property Trust closed on a 2022-built, 474-unit East Bay community for more than $200 million, a property research by The Registry identifies...
Raintree Partners Pays $100.8MM for Pacific Urban’s 254-Unit View at Marin in San Rafael
Dana Point-based Raintree Partners paid $100.8 million for View at Marin, Pacific Urban Investors' 254-unit hillside apartment community in north San Rafael, backing...
PIMCO’s $250MM 221 Main Leads San Francisco Office Sales Pipeline as Pricing Stretches From $71 to $1,333 Per SQFT
Six San Francisco office buildings totaling about 707,000 square feet are now pending sale and another 2.1 million square feet is on the...
Tishman Speyer, Bouwinvest Put San Francisco on Short List for New U.S. Office Account With $1.5B in Buying Power
A new separately managed account pairing Tishman Speyer with Dutch pension manager Bouwinvest names San Francisco as one of only three gateway targets...
Port of Oakland Breaks Ground on Matson Terminal Electrification, Backed by $119MM State Freight Grant
The Port of Oakland has started construction on charging and electrical upgrades that will make the SSA Terminals-operated Matson Terminal its first marine...
Alexandria Lines Up Palo Alto and San Carlos Sales After $256MM in Bay Area Write-Downs as Losses Top $2B
Alexandria Real Estate Equities has moved a cluster of vacant Palo Alto offices, a stalled Palo Alto development site and six San Carlos...
Rancho Cordova Council Approves Downtown DOVA Entitlements, Advancing KozPure’s $800MM Arena and Hotel District
Rancho Cordova's City Council voted 4-1 to approve four of the five entitlements for KozPure Development's Downtown DOVA, including land transfer and development...
Alexandria Posts $1.54 FFO and $638.5MM Loss as Bay Area Occupancy Runs 12 Points Above Market
Alexandria Real Estate Equities held its 2026 earnings outlook steady and signed its busiest quarter of leasing in nearly two years, but $637.9...
Bedrock Robotics Lands $600MM at $4.1B Valuation, Takes 35,000 SQFT in San Francisco
Bedrock Robotics, the Waymo-alumni startup that retrofits excavators to dig without anyone in the cab, closed a $600 million Series C at a...
SFF Realty Partners Buys PCCP’s 234,000 SQFT 2350 Mission College Blvd. in Santa Clara for $40.5MM
SFF Realty Partners picked up PCCP's 13-story office tower at 2350 Mission College Blvd. in Santa Clara for $40.5 million, pairing it with...
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...
Silicon Valley Sublease Space Falls to 1.4MM SQFT, Lowest Since 2016, as Class A Premium Widens to $2.10
The cheap seats in Silicon Valley's office market are nearly gone, and landlords of top-tier buildings are pressing the advantage, with sublease availability...
Prologis Flags Bay Area’s Tight Occupancy, 5% to 6% Rent Growth Pace on Q3 Call
San Francisco-based Prologis used its third-quarter 2026 earnings call to single out the Bay Area as one of the country's standout logistics markets,...
Three Markets, Three Funding Stories: Bay Area Life Science VC Holds at $8.3B as San Diego and Seattle Slide
Bay Area life science companies raised $8.3 billion through the third quarter while San Diego and Seattle funding fell by a third and...
San Francisco Down to 35 Office Blocks of 100,000 SQFT as Tech Chases Record Year of Large Deals
San Francisco's supply of contiguous 100,000-square-foot office blocks has dropped to 35, down from a peak of 58 three years ago, while 26...
Walnut Creek Office Vacancy Falls to 22.3% in Biggest Quarterly Drop Since 2015 as Owner-Users and Flight to Quality Fuel Rebound
The North I-680 office market cut its vacancy rate by 210 basis points to 22.3 percent in the third quarter, its steepest one-quarter...
Northern California Commercial Real Estate News
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,...
Continue Reading
Art of Living Foundation Buys 85,000 SQFT Scottish Rite Temple on Oakland’s Lake Merritt for $9.2MM
The Masons have sold their Lake Merritt temple of almost 100 years for about $108 per square foot. The Scottish Rite Temple Association...
T&T Supermarket Sets Nov. 5 Opening for 50,000 SQFT Store at Acadia’s San Francisco City Center, Filling Former Best Buy Box
T&T Supermarket will open its first San Francisco store on Nov. 5 in a roughly 50,000-square-foot third-floor space at Acadia Realty Trust's City...
San Francisco Class B Office Effective Rents Jump 15%, Outpacing Class A as Mid-Tier Space Leads Q3 Absorption
Mid-tier office buildings outran San Francisco's top towers in the third quarter, with Class B effective rents climbing 15 percent year over year...
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...
Thornberg Warns Bay Area Housing Faces ‘Bust Side’ as Mortgage Rates Climb Past 7%
Speaking at Star One Credit Union's third annual Bay Area Real Estate Forecast in Campbell, Beacon Economics founder Christopher Thornberg argued that an...
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...
RCG Ventures Taps Brixton Capital’s Michael McFadden as Western Region Director of Acquisitions
Atlanta-based shopping center investor RCG Ventures has hired Michael McFadden away from Brixton Capital as director of acquisitions for its Western Region, adding...
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...
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...
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.
Pimco’s 389,000 SQFT 221 Main Street Goes Pending at Rumored $250MM in San Francisco
Less than three months after Pimco Prime Real Estate put the Docusign-anchored tower at 221 Main St. on the market, Newmark's October tracking...
Silicon Valley Sublease Space Falls to 1.4MM SQFT, Lowest Since 2016, as Class A Premium Widens to $2.10
The cheap seats in Silicon Valley's office market are nearly gone, and landlords of top-tier buildings are pressing the advantage, with sublease availability...
Wistron Closes $119.9MM Purchase of 352,000 SQFT Warm Springs Business Park in Fremont From LINK Logistics
Wistron has completed its roughly $119.9 million acquisition of the 351,633-square-foot Warm Springs Business Park in Fremont from Blackstone's LINK Logistics, and Colliers...
Essex Property Trust Takes Control of 378-Unit Portico in Oakland’s Brooklyn Basin After $156.5MM Debt Workout
Essex Property Trust disclosed that it now owns a 2024-built, 378-unit apartment community in Oakland after liquidating a $64.2 million subordinated loan and...
Kilroy, Norges Bring 785,000 SQFT 303 Second Street to Market in San Francisco
Kilroy Realty and Norges Bank Investment Management have put 303 Second Street, a 784,658-square-foot SoMa office complex that was about 64 percent occupied...
Entitled 105-Unit Apartment Site at 111 Independence Drive in Menlo Park Hits Market for $13.5MM
The 105-unit Menlo Park project, still waiting on a building permit filed in 2022, is up for sale as Bay Area apartment deliveries...
Anthropic Subleases 30,000 SQFT From Meta at 181 Fremont as AI Firm Files for Record-Setting IPO
Anthropic now leases space in six South of Market buildings, and its latest sublease from Meta leaves just one 14,000-square-foot block open at...
Foundry Robotics Moves Into 126,000 SQFT Former Life Sciences Building in Emeryville
With more than $19 million in seed funding and 25 open roles, Foundry joins a group of robotics and AI manufacturers filling Emeryville...
