INDUSTRY news
BART Board Votes 8-1 to Approve Contingency Blueprint for Sweeping Service Cuts, Station Closures, and Possible System Shutdown
The transit agency’s alternative service plan outlines three escalating phases of reductions — including the elimination of 1,170 jobs — if voters reject...
Google Cloud to Occupy 1.5MM SQFT Caribbean Campus in Sunnyvale as Tech Giant Consolidates Silicon Valley Footprint
The cloud computing division’s move into the BIG-designed campus will trigger the vacation of Jay Paul Co.-owned offices in the Moffett Park neighborhood,...
Hudson Pacific Posts $278MM Quarterly Loss as Bay Area Portfolio Occupancy Holds at 70.6 Percent Amid Looming Lease Roll
REIT extends streak of quarterly losses with $572MM full-year deficit while 22-property Northern California platform faces significant Google, Salesforce expirations in 2027-2028 Hudson...
Northern California’s 949 MW Data Center Market Faces Fierce Competition as AI Demand Strains Continental Supply
JLL’s year-end 2025 report positions Northern California as a strategically critical data center hub, with nearly a gigawatt of existing capacity anchored in...
Private Investor Lists 11,600 SQFT Downtown Burlingame Retail Asset Anchored by Wells Fargo for $15MM
Fully leased Burlingame Avenue property offers fee-simple ownership in one of the Peninsula’s tightest retail corridors On the San Francisco Peninsula, where retail...
Industrious Doubles Down on San Francisco With 14,000 SQFT Executive Suites Push as Financial District Tightens
Coworking operator targets premium users with private-office concept as downtown vacancy edges lower and AI-sector demand accelerates Industrious is betting that San Francisco’s...
OpenAI Signs 10-Year Lease for 439,000 SQFT Mountain View Campus
The ChatGPT maker secures former Symantec headquarters with right of first refusal to purchase, deepening its commitment to the South Bay office market...
Economist Warns East Bay Is Squandering a ‘Golden Opportunity’ as Region Stalls on Housing and Growth
Dr. Chris Thornberg of Beacon Economics says the East Bay’s wealth and natural assets are being held back by regulatory paralysis and misplaced...
Tidewater Capital Wins Approval to Replace Sunnyvale Tech Campus with 370-Unit Housing Development
The $65 million office-to-residential conversion joins a growing wave of Bay Area projects as developers pivot from financially unviable workspaces to housing amid...
Who Is Yoda PLC? Inside the Cyprus Conglomerate Set to Acquire San Francisco’s Transamerica Pyramid
Founded just six years ago and controlled by the so-called “office king” of Romania, Yoda PLC has quietly amassed a $3.3 billion empire...
San José Advances $6.1MM in Tax and Fee Waivers for 329-Unit Gateway Tower and Bank of Italy Downtown Developments
The city’s Housing Department recommends parkland fee reductions and inclusionary housing waivers for one new affordable high-rise and one historic office-to-residential conversion under...
SI-BONE Signs 50,000 SQFT Lease at MetLife’s Orchard Commons in North San Jose
The Nasdaq-listed medical device company will relocate from its Santa Clara headquarters under an 8.5-year lease with expansion rights at the six-building campus...
