INDUSTRY news
Union Square Retail Vacancy Eases to 15% as Uniqlo Returns and $43MM Powell Street Overhaul Nears
San Francisco officials put Union Square's retail vacancy just above 15 percent, down from a pandemic-era peak near 23 percent, yet the district...
DM Development, Ascentris Close on 152-Unit 321 Florida in San Francisco’s Mission With $61.7MM PNC Construction Loan
The project, refined since its 2021 approval, will deliver 152 apartments, 15 of them affordable, in late 2028, as county rents climb 15.7...
Rockefeller Group’s 442,000 SQFT Black Diamond Industrial Center in Antioch Hits Market for Sale or Lease
Rockefeller Group's completed 441,841-square-foot Black Diamond Industrial Center in Antioch is available for sale or lease, pitched below I-880 rents.
San Francisco Supervisors Approve Amended Development Agreement for Fifth Space’s 29-Acre Power Station in Dogpatch
San Francisco supervisors approve Fifth Space's amended Power Station development agreement, adding flexibility for 2,600 homes in Dogpatch.
Bay Area Holds Half of Nation’s AI Real Estate as San Francisco Tenants Fill 7.1% of Inventory
JLL's 2026 study of artificial intelligence tenants finds the Bay Area holds nearly half of the 34.6 million square feet AI companies occupy...
Alta Housing Breaks Ground on 108-Unit La Bella Affordable Community in Mountain View
Alta Housing broke ground Thursday on La Bella, a six-story, 108-unit affordable community at 1020 Terra Bella Avenue that reserves 27 apartments for...
Hashi Market Opens 21,000 SQFT Cupertino Store as Bay Area Asian Grocery Race Heats Up
After more than a year of delays, New York-based Japanese grocer Hashi Market opened its first West Coast store on Oct. 9 in...
Brookfield, Coastal Ridge Acquire 260-Unit The Grad Student Tower in Downtown San Jose for $204.8MM
The 1,039-bed purchase comes as Bay Area apartment deliveries fall to their lowest level since 2013 and national student housing preleasing nears 90...
Clarion Partners Puts Meta-Anchored, 410,000 SQFT Gateway 84 Advanced Manufacturing Campus in Newark on the Market
BioMed Realty has hired JLL to sell Gateway 84, a three-building, 2021-vintage manufacturing campus on Newark's Gateway Boulevard where Meta occupies more than...
Lincoln Property, New York Life Pay $37.5MM for 150,000 SQFT Hayward Warehouse
A 1977 Hayward warehouse that PPF Industrial bought for $14.3 million in 2016 has sold for $37.5 million to a Lincoln Property and...
AB 40 Forces New Environmental Review on Trump-Backed Coal Terminal at Former Oakland Army Base as $1B Suit Is Tossed
Gov. Gavin Newsom signed AB 40, requiring a fresh environmental impact report for large coal terminals, just as a Kentucky federal judge threw...
Anthropic Eyes 100,000 SQFT Industrial Building at 2000 Folsom in San Francisco’s Mission District for R&D Lab
If the deal for the former food factory at 2000 Folsom St. closes, Anthropic would join Amazon Robotics, Medra and DoorDash in taking...
