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...
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...
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%...
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...
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...
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...
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 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...
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...
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...
