Autodesk Walks Away from 109,000 SQFT One Market Plaza Lease in San Francisco
The software firm’s June exit lifts available space at the Rithm- and Blackstone-owned complex above one-third, even as new leasing interest builds and...
336-Unit The Fay in San Jose Acquired for $175MM in Post-Foreclosure Bet
A discounted purchase paired with a city-subsidized leasing program aims to rescue a downtown tower that opened to acclaim, then nearly half-emptied. Two...
Ellis Partners, Baupost Group Buy 637,000 SQFT Great America Commons in Santa Clara for $310MM
A San Francisco–Boston partnership paid 42 percent above the property’s assessed value, a bet that wagers Santa Clara’s office rebound has further to...
Farallon Capital Acquires Four Pacific Shores Center Buildings Totaling 686,000 SQFT in Redwood City for $140MM
The hedge fund bought three buildings from Google and a fourth from DivcoWest across the 686,000-square-foot tranche, backed by a $173.6MM ACORE loan...
Academy of Art Sells 43,400 SQFT 2300 Stockton for $18.3MM in San Francisco, Clearing Way for 70-Unit Conversion
The Russian Hill restaurateur’s affiliate paid roughly 12 percent above the $16.4 million asking price for a 43,400-square-foot Fisherman’s Wharf office building, the...
Zurich Alternative Asset Management Pays $32.8MM for 54,700 SQFT Jackson Square Office Building in San Francisco
The Swiss insurer’s real estate arm acquired the 54,700-square-foot building at 394 Pacific Avenue from Grosvenor Americas at approximately $600 per square foot,...
BGO Acquires 377,000 SQFT Rio Tech R&D Campus in San Jose for $164.3MM from Washington Holdings
The Sun Life Financial affiliate purchased the seven-building campus at a 3.3 percent discount to Washington Holdings’ 2021 acquisition price and a significant...
Berkshire Residential Investments Acquires Four-Property San Francisco Loft Portfolio for $134.15MM
The Boston-based investment manager’s roughly 300-unit purchase across SoMa and Potrero Hill, rebranded “The Grid Collection,” signals renewed institutional confidence in a rental...
Strada in Talks to Acquire Samsara’s 133,427 SQFT San Francisco HQ at 1 De Haro for +$100MM
The potential purchase of the cross-laminated timber building at 1 De Haro St. from SKS Partners would help establish pricing for stabilized office...
