INDUSTRY news

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Digital Realty Targets $3B for Open-End Hyperscale Data Center Fund as Arkansas Teachers Commits $100MM

Digital Realty is courting roughly $3 billion in cornerstone capital for a permanent, core-plus vehicle built to own stabilized North American hyperscale data...

Ridge Capital Takes 272,000 SQFT 201 California in San Francisco From Columbia Property Trust for $75MM, Backed by $80.1MM Rialto Loan

Ridge Capital Investors closed on the 17-story 201 California Street tower in San Francisco's Financial District for $75 million in July, financing the...

On Ice Rinks Brings 6,000 SQFT Holiday Ice Rink to Port’s Triangle Lot at Fisherman’s Wharf in San Francisco

San Francisco on Ice, which can hold 125 skaters per session, will run from Nov. 4 through Jan. 18 next to the SkyStar...

Owner That Took 132,000 SQFT 2101 Mission From Deutsche Bank Debt Brings Former Thrift Town Building to Market in San Francisco

2101 MS Property Holdings LLC, which acquired Deutsche Bank's position on a loan of up to $75.8 million and took title to the...

Meridian-Linked Owner Markets 100,000 SQFT 1300 South El Camino Real Office Building in San Mateo Seven Years After $61.9MM Buy

Mpvca San Mateo LLC, the Palo Alto-based entity that bought 1300 South El Camino Real from DivcoWest for $61.9 million in 2019, is...

Grosvenor Puts 101,000 SQFT 560 South Winchester Office Building Beside Santana Row Up for Sale After 13-Year Hold in San Jose

Grosvenor Americas is calling for offers on 560 South Winchester, a six-story, LEED Gold office building on the Santana Row block that it...

Kabani Hotel Group CEO Urges Owners to Tighten Risk Controls as 7% Debt, AI and Insurance Costs Mount

Kabani Hotel Group founder Ahmed Kabani is urging hotel owners to tighten risk controls while markets still feel calm, and his seven-point checklist,...

San Francisco Office Sales Hit $2.6B Year to Date as Q3 Prices Split From $232 to $750 Per SQFT

San Francisco office buyers spent $959 million across 16 transactions in the third quarter, bringing 2026 volume to $2.6 billion, but the six...

SFF Realty Partners Buys 416,000 SQFT Zoom-Anchored The Almaden in Downtown San Jose for $82MM

At a reported $197 per square foot, The Almaden traded at about 42 percent below Silicon Valley’s third-quarter average office price, and at...

Barings Brings Burlingame’s Peninsula Innovation Point Campus, With New 242,000 SQFT Lab and Office Tower, to Market

Barings is marketing Peninsula Innovation Point, a waterfront Burlingame campus it bought for $170 million in 2021 and expanded with an eight-story, 241,679-square-foot...

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...

Replacement Parking Blows $19MM–$45MM Holes in Menlo Park’s Downtown Housing Bids

A Menlo Park–commissioned financial review found that Alliant Communities, Presidio Bay Ventures and a Related California–Alta Housing team each face funding gaps of...