INDUSTRY news
Mirum Pharmaceuticals Expands to 56,000 SQFT at Hudson Pacific’s Metro Center in Foster City
The rare-disease drugmaker doubles down on its Foster City headquarters as commercial revenue from its lead therapy accelerates. Mirum Pharmaceuticals has renewed and...
San Francisco’s Tax Code Emerges as Biggest Drag on Downtown Recovery, New Report Finds
Bay Area Council Economic Institute study shows the city’s business tax burden dwarfs peer cities, with a hypothetical tech firm paying triple what...
AI-Chip Startup Axiado Signs 29,000 SQFT Lease at Hudson Pacific’s Concourse in North San Jose
The platform-security company moves into a Class A campus near San Jose International Airport, months after closing a $100 million Series C+ funding...
Hudson Pacific’s Northern California Office Portfolio Anchors Q1 Leasing Push Despite Sub-73% Occupancy
The Bay Area is HPP’s largest region by square footage and its weakest by occupancy, but the company landed its three highest-profile new...
Colliers Secures Leasing Assignment of Kennedy Wilson’s 607,000 SQFT 601 City Center Office Tower in Oakland
601 City Center stands as the East Bay’s largest and newest Class A office tower. Oakland, California 05/07/2026 – Colliers is pleased to...
Lightspeed Venture Partners Leases 43,284 SQFT Space at 149 New Montgomery for San Francisco HQ
The Menlo Park venture firm, which led Anthropic’s Series E and backed its $380 billion Series G, is relocating its headquarters from Sand...
Swenson, Pacific Housing Pay $15MM for Berryessa BART Site Slated for 260 Affordable Apartments in San Jose
The triangular parcel at 1655 Berryessa Road anchors the second phase of San Jose’s Facchino Neighborhood, a 13-acre transit-oriented redevelopment A partnership between...
UCSF Greenlights 150,000 SQFT Bakar Ear & Hearing Institute, Deepening Mission Bay Bet in San Francisco
The five-story research and clinic building at Fifth and Nelson Rising Lane is slated for late-2026 groundbreaking and 2029 completion, extending UCSF’s run...
IDEAYA Doubles Down on Sierra Point in South San Francisco with 25,000 SQFT Expansion at DivcoWest’s 5000 Shoreline
Precision oncology firm pushes its footprint at the South San Francisco waterfront building to roughly 80,000 SQFT, securing a 20-month rent holiday and...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
Ensemble Investments Lands $110MM Refinance on 250-Key Hotel NIA in Menlo Park
The full-service Marriott Autograph property anchors Menlo Gateway, the only hotel of its kind on the 15.9-acre tech-adjacent campus Ensemble Investments has clinched...
Alo Yoga Lands First San Francisco Store with 3,485 SQFT Cow Hollow Lease at 2071 Union Street
The Los Angeles–based athleisure giant is angling to displace outdoor brand Kühl in a fitness-anchored stretch already home to SoulCycle, Equinox, and direct...
