INDUSTRY news
Tishman Speyer Sells 138,000 SQFT Downtown Mountain View Office Building to Spear Street Capital for $121.5MM
Tishman Speyer has cashed out of one of its longest-held Silicon Valley assets, handing 400 Castro Street to Spear Street Capital at a...
SFO Taps W.E. O’Neil–Nibbi Joint Venture for $132MM Overhaul of 421,000 SQFT Superbay Hangar
San Francisco International Airport has awarded the W.E. O'Neil–Nibbi Joint Venture a roughly $132 million progressive design-build contract to modernize its Superbay Hangar,...
California Forever Acquires 701 Main Street and Two Downtown Lots in Suisun City, Leasing Them Back to the City for $1 a Year
The developer behind the proposed new Solano County city has taken title to its first pieces of downtown Suisun City, converting a year-old...
Simon Property Group Launches Ad Business, Turning Bay Area Mall Traffic Into a Media Play
Simon Property Group, owner of Northern California retail anchors including Stanford Shopping Center and the Great Mall of the Bay Area, has stood...
Smith Development Advances 60,000 SQFT Speculative Office at Palo Alto’s 2525 Park Blvd
Smith Development is pressing ahead with one of the few ground-up office projects to advance in Silicon Valley since the pandemic, wagering that...
San Francisco Bucks the Coastal Squeeze as New Apartments Add 35 SQFT
San Francisco stands out as one of the only major coastal markets where new apartments have grown larger over the past decade, a...
DM Development, Thompson Builders Move to Break Ground This Fall on 168-Unit 321 Florida in San Francisco’s Mission
A joint venture of DM Development and Thompson Builders is moving to break ground this fall on 321 Florida, a nine-story, 168-unit apartment...
Santa Clara Weighs Annexing San Jose Land for 408-Unit University Station
Santa Clara planning staff have recommended that the City Council approve a four-part entitlement package for University Station, a 408-unit project that would...
Sequoia Living, Heritage on the Marina Enlarge Plan to 120-Unit Senior Community Behind Julia Morgan Landmark in San Francisco
A revised application from Sequoia Living and Heritage on the Marina would double the height of a long-planned addition to the century-old Marina...
Humanoid Robotics Maker Apptronik Leases 27,000 SQFT in Sunnyvale’s Peery Park
Apptronik, the Austin-based developer of the Apollo humanoid robot, has leased roughly 27,000 square feet at 640 West California Avenue in Sunnyvale, extending...
Mana Investment Pushes 116-Home Builder’s Remedy Project on Gilroy’s Hecker Pass Through Draft EIR
Carlsbad-based Mana Investment is using California's Builder's Remedy to force a 116-home subdivision onto 24 acres of Gilroy farmland, and the release of...
TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for $1.2B
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...
