INDUSTRY news
Weekday Workforce in San Francisco’s Financial District Climbs 18% as Return-to-Office Gains Momentum
New cell phone mobility data from JLL shows weekday worker activity across San Francisco’s downtown core jumped 18 percent year-over-year, with the North...
W. P. Carey Launches 67,440 SQFT Speculative Warehouse at 1700 Doolittle Drive in San Leandro
Net lease giant W. P. Carey has started construction on a 67,440-square-foot Class A warehouse and advanced manufacturing building in San Leandro, betting...
Rubicon Point Partners Lists 29,000 SQFT UCSF-Leased Outpatient Facility at 1263 Mission Street in San Francisco
An entity affiliated with San Francisco-based Rubicon Point Partners has put UCSF @ SoMa, a fully leased 28,570-square-foot outpatient facility at 1263 Mission...
60,000 SQFT E-Bike Superstore Planned for Former Citrus Heights Kmart
After cycling through a Kmart, a movie theater that never opened, and a church whose community programs never materialized, the 60,000-square-foot Auburn Boulevard...
Mercy Housing Opens 145-Unit 1633 Valencia Senior Housing in San Francisco at Roughly Half the Typical Cost
Mercy Housing California and its partners cut the ribbon on 1633 Valencia, a 145-unit permanent supportive housing community for formerly homeless seniors that...
San Francisco Office Leasing on Pace for 30-Year High as Sublease Glut Recedes
San Francisco’s office market is on track for its strongest leasing year in three decades, as a shrinking sublease overhang, falling vacancy and...
South Bay Wages Hit $198,798 as Apartment Demand Surges and Housing Shortage Squeezes Santa Clara County
Santa Clara County’s economy is expanding even as its job market contracts, a divergence that is keeping wages high, apartment demand red-hot and...
Villara Doubles Down at McClellan Park, Expanding to 240,000 SQFT in Sacramento County
Villara, one of McClellan Park’s longest-running tenants, has taken 80,000 additional square feet at the Sacramento County business park, lifting its total footprint...
State Lines Up $125MM Toward $175MM Golden Gate Fields Acquisition as Conservationists Contest the Source
A push to convert the shuttered Golden Gate Fields racetrack into one of the East Bay’s largest waterfront parks has cleared a major...
Stanford Files Plans for 1.75MM SQFT Cancer Center in Redwood City, the Largest Project in University History
Stanford Medicine this week submitted an updated project description to Redwood City for an integrated cancer hospital, clinic and research complex that would...
Nazareth Enterprises Pays $23.69MM for 67,584-SQFT Kaiser Permanente Medical Office in Rohnert Park
A fully leased, two-tenant medical office building at 5900 State Farm Drive in Rohnert Park has sold for $23.69 million in an off-market...
Catholic Foreign Mission Society of America Sells Maryknoll Residence on 29.2 Acres in Los Altos for $43MM
The all-cash acquisition of the 40,500-square-foot historic complex at 23000 Cristo Rey Drive — sold by the Catholic Foreign Mission Society of America...
