Facebook, Amazon, Sports Authority, Golfsmith, Borders Books, Circuit City, HH Gregg, Barnes & Noble, Kohls, Office Depot & Staples, Oakland, International Council of Shopping Centers, John Cumbelich & Associates

McNellis: Leaving Retail

By John McNellis I received an invitation to attend a cocktail party in Los Angeles at next week’s International Council of Shopping Center (ICSC) meeting. In declining, I explained that we would...
2185 North California Blvd

Swift Pays $117MM for Mount Diablo Plaza in Walnut Creek

By Jon Peterson San Francisco-based Swift Real Estate Partners has acquired the 325,000 square foot Mount Diablo Plaza office building in Walnut Creek for $117 million or $360 per square...
S&P CoreLogic, Case-Shiller National Home Price Index, Housing Bubble, Boston, Seattle, Denver, Dallas-Fort Worth, Atlanta, Portland, San Francisco Bay Area, Los Angeles

The US Cities With The Biggest Housing Bubbles

But red-hot Seattle has first back-to-back declines since 2014! By Wolf Richter The S&P CoreLogic Case-Shiller National Home Price Index for October, released this morning, jumped 6.2% year-over-year (not-seasonally-adjusted), up from 6.1%...
Northern California, San Mateo, Peninsula Office Park, 2180 Sand Hill, Embarcadero Place, Palo Alto, Menlo Park, Hudson Pacific Properties

Hudson Pacific Properties Sells Four California Properties, 3 in Bay Area, for $254.8MM

LOS ANGELES--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced the pending sales of four office properties in Northern and Southern California for aggregate gross proceeds of $254.8 million before...
Velcro, Business, brokers, principals, comission agreement, listing agreement, purchase contract, brokerage, client, agent, offers, deals

Screwed: Brokers Tell-All; A John McNellis Column

“Business is the polar opposite of a high school dance—you can always find someone to screw you.” By John McNellis “Dear John: I think you should write about how everyone is a...
Bay Area, Lennar Multifamily Communities, 2 Kaiser Plaza Project, City of Oakland Bureau of Planning, Central Business District, Village Glen Oakland 2

New 28-Story Mixed-Use Development Planned for Downtown Oakland

By Meghan Hall As the housing market improves and job opportunities in the Bay Area have increased, so has development in downtown Oakland. The East Bay city is in the...
Proposition D, Transwestern, Proposition C, San Francisco, Prop C, Prop D Bay Area politics head tax Seattle consequence

San Francisco’s Proposition C Passes, Paving Way for Increased Property Rents

Proposition C was designed to levy a tax on San Francisco commercial property leases that City officials hope will bring approximately $146 million a year, with 85 percent of...
Slack Technologies 500 Howard Street San Francisco Heitman CBRE Colliers International LEED 701 Stevenson Gymboree Trasbay Transit Center

Slack Takes 230,000 SQ FT at 500 Howard in San Francisco

By Jon Peterson Slack Technologies has signed a lease agreement to occupy in the future 230,000 square feet of the 240,000 square feet of the office space available in the...
UBS, Oakland, Signature Development Group, Brooklyn Basin, Terrace Apartments, San Francisco, BAR Architects, Bruce Jett Associates, BKF Engineers, Zarsion America, MidPen Housing

Oakland’s Massive Brooklyn Basin Development Set to Break Ground in April

After securing a financing agreement with Swiss banking giant UBS, Oakland-based Signature Development Group will finally break ground on a $1.5 billion, 65-acre project that when finished will feature...
Ponte Gadea, Pacific Place, San Francisco, J.P. Morgan Asset Management, 22 4th Street, Hotel Palomar, J.P. Morgan Strategic Property Fund, Union Square

Spanish Private Capital Buyer to Take Pacific Place in San Francisco for $475MM

By Jon Peterson Ponte Gadea, the real estate arm of a private capital high-net worth capital source based in Spain, has placed under contract for purchase the Pacific Place mixed-use...