INDUSTRY news
Brisbane Baylands Returns to Planning Commission Aug. 13, Weeks After State Revokes City’s Housing Compliance
Brisbane's Planning Commission will take up the Baylands Specific Plan and Final Environmental Impact Report on Aug. 13, its seventh hearing on the...
Interior Department Denies Gaming Eligibility for Scotts Valley Band’s $700MM Vallejo Casino Resort
The U.S. Department of the Interior has withdrawn the gaming eligibility determination underpinning the Scotts Valley Band of Pomo Indians' $700 million casino...
Blackstone Sells 1.9MM SQFT Sacramento Industrial Portfolio to Blue Rise Ventures and DRA Advisors for ~$245MM
Blackstone sold a 28-building, 1.9 million-square-foot industrial portfolio in Sacramento’s North Natomas submarket to Blue Rise Ventures and DRA Advisors, marking the region’s...
Grocers, Medtail and Coffee Chains Turn Silicon Valley Retail Into a Landlord’s Market
Silicon Valley’s retail landscape has shifted into a landlord’s market, where ethnic grocers, medical users and drive-thru coffee chains are competing over a...
Redwood Beverage Group Leases Entire 237,000 SQFT Building on Carlin Drive in West Sacramento
Nine months after acquiring a shuttered West Sacramento bottling plant that had put more than 350 people out of work, Redwood Beverage Group...
Government and Healthcare Carry Sacramento Office Market as Vacancy Falls to 15.7% and Leasing Drops 28%
Sacramento’s office vacancy declined and absorption turned positive in the second quarter, but every one of the market’s five largest leases went to...
Valley Oak Partners Charts Path to 584-Home Redevelopment of Oracle’s Santa Clara Campus
Valley Oak Partners has laid out a detailed timeline for converting nearly 500,000 square feet of vacant Oracle office space in Santa Clara...
Amazon Renews 300,000 SQFT Lease at 525 Market St. in San Francisco Even as It Shutters Downtown AI Lab
Amazon has agreed to a multi-year extension of its roughly 300,000-square-foot lease at 525 Market St., adding about 30,000 square feet even as...
Oura Acquires Its 56,000 SQFT San Francisco HQ at 500 Pine for $41.5MM
Oura Health converted the full-building lease it signed in January into an outright purchase of 500 Pine Street, paying $41.5 million for the...
Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan
The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...
Mountain View Shutters Downtown Lot 11 for Five Years to Build $200MM Public Safety Headquarters
Mountain View will take a full downtown parking lot offline for more than five years to make room for a new police and...
TNDC, Chinatown CDC Open 160-Unit, $166MM Affordable Housing Complex on Former Haight-Ashbury McDonald’s Site in San Francisco
The Tenderloin Neighborhood Development Corporation and Chinatown Community Development Center have opened 730 Stanyan, a 160-unit, entirely affordable apartment complex built on the...
