INDUSTRY news
Three California Walgreens Locations to Close as Chain Implements Nationwide Restructuring
Pharmacy giant shuttering underperforming stores across Bay Area and Central Coast amid financial struggles Three Walgreens locations across California are slated to close...
Strada Seeks to Transform Troubled Central SoMa Office Project at 88 Bluxome Into 1,500-Unit Residential Complex
San Francisco-based Strada Investment Group submits ambitious housing proposal for Alexandria Real Estate’s long-stalled 88 Bluxome development A San Francisco development firm has...
Calvera Partners’ $26MM Willow Glen Deal Exemplifies Value-Add Strategy in Rebounding Bay Area Market
Private equity firm Calvera Partners is betting on a recovery in Silicon Valley’s apartment market with its proposed $26 million acquisition of an...
Park Hotels & Resorts Sells 316-Room Hyatt Centric Fisherman’s Wharf in San Francisco for $80MM
(Editor’s Note: According to a report from the San Francisco Business Times, the buyer was an entity affiliated with EOS Investors based in...
Development Site Approved for 23-Story Student Housing Tower in San Jose Listed for Sale at $35MM
By The Registry Staff A prominent downtown San Jose site, previously approved for a 23-story student housing tower, has been put up for...
Sazze Partners Buys 6,800 SQFT Office Building in Burlingame for $5.4MM
Burlingame, CA — Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the sale of The Clock...
Bay Area Employers Increasingly Mandate Office Returns as Hybrid Work Stabilizes at Three Days
Four-year survey reveals dramatic shift from full remote work to structured return-to-office policies Bay Area employers are solidifying their return-to-office strategies with increasing...
118,000 SQFT Slatten Ranch Shopping Center in Antioch Hits Market
A 118,187-square-foot Target-shadow anchored retail center located at 5709–5759 and 5779–5789 Lone Tree Way in Antioch has been listed for sale. The 10.43-acre...
Planet Fitness Plans 24-Hour Gym at 12,800 SQFT Former Retail Site in San Jose
As part of a broader wave of adaptive reuse across the South Bay’s retail landscape, Planet Fitness is moving forward with plans to...
Historic Russian Hill Apartment Building Changes Hands for $31MM as San Francisco Market Shows Recovery Signs
A 62-unit apartment building at 1000 Green Street in San Francisco’s Russian Hill neighborhood has sold for $31,036,000, marking one of the significant...
San José State University Extends Student Housing Lease at the Former Fairmont Hotel Through 2056
The Board of Trustees of the California State University has formalized a significant lease amendment extending San José State University’s control of the...
San Jose Bets on Entertainment Zones to Boost Downtown Economy
San Jose is pushing forward with plans to establish at least seven entertainment zones throughout its downtown area, positioning the city to capitalize...
