INDUSTRY news

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Essex Property Trust Posts 4.2% Revenue Growth in Northern California, Leads Company Performance

REIT invests heavily in Silicon Valley and Peninsula markets as supply constraints tighten, Santa Clara County leads with 5.2 percent revenue growth Essex...

San Francisco Affordable Housing Construction Surges 111% in Five Years

City delivers 7,132 income-restricted units as affordable apartments reach 34 percent of all new development San Francisco completed 7,132 affordable apartments between 2020...

U.S. Coworking Reaches 159MM SQFT in Q4 2025 as Growth Concentrates in Core Markets

Coworking expands by scale rather than sprawl, with California and coastal metros anchoring demand Office tenants are still adjusting to hybrid work, but...

Federal Realty Sells 212-Unit Misora in San Jose for $148.5MM

(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property was sold for $148.5 million, or around $700,472 per unit....

N17 & Allrise Capital Clear Environment Review for 395-Unit Residential Tower at 598 Bryant in San Francisco

Developer N17 advances major residential project utilizing California State Density Bonus Law to deliver 395 apartments in 33-story tower, adding to SoMa’s housing...

Labor Market Shows Persistent Weakness as Job Openings Slide to Lowest Level Since 2021

Hiring remains sluggish while layoff warnings mount, raising concerns about employment stability The American labor market continues to show signs of strain as...

Bay Area Multifamily Rents Climb 6% as Tight Occupancy Fuels Suburban Expansion

Strong income growth and construction constraints position rental market for continued appreciation as occupancy nears record levels and landlords gain pricing power across...

Tech Employment Stabilizes as AI Hiring Counters Broader Layoffs, Reshaping Bay Area Office and Housing Markets

Technology workforce holds at 224,000 jobs while physical office occupancy surges 10 percent and population growth forecast signals renewed housing demand across the...

Hines & Oaktree Put on the Market Tesla-Leased 267,000 SQFT Fremont Industrial Facility

Newly delivered advanced manufacturing property targets institutional investors as Silicon Valley industrial vacancy climbs to 6.5 percent Cushman & Wakefield has brought to...

Developer Proposes Adding Up to 2,800 Units to Treasure Island Neighborhood

Treasure Island Development Plans Major Housing Expansion Amid San Francisco’s Building Slowdown San Francisco’s Treasure Island is preparing to significantly expand its housing...

Washington Holdings Lists Four-Building 94,000 SQFT Mission Park Business Center in Santa Clara

Long-held R&D campus near Mission Park Marketplace hits market amid shifting Silicon Valley industrial fundamentals Washington Holdings has brought its Mission Park Business...

Presidio Bay Ventures Unveils Plans for 412,000 SQFT Former USGS Campus with Up to 1,000 Housing Units

Developer Behind Springline Project Proposes Mixed-Use Development Following $137MM Acquisition in Menlo Park Details are emerging about Presidio Bay Ventures’ ambitious plans for...

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