INDUSTRY news
Harrison Street Lists Stanford Research Park’s Newest Building, 85,000 SQFT 3380 Coyote Hill, for Sale in Palo Alto
Harrison Street Real Estate has enlisted Eastdil Secured and Savills to sell 3380 Coyote Hill Road, the newest and fully leased Class A...
Tailwind Investment Group Lands 419-Unit California Place and Bent Tree Apartment Portfolio in Sacramento for $65MM
Newport Beach-based Tailwind Investment Group has pushed deeper into Northern California with its purchase of the 419-unit California Place and Bent Tree apartment...
Silicon Valley Data Centers Sit Power-Starved as CBRE Reports Record 1.4% National Vacancy
CBRE's North America Data Center Trends webinar for the first half of 2026 described a national supply crunch that plays out with a...
US Forest Service Backs California Mass Timber, Mills With $2.2MM Share of $105.5MM Wood Grants
The U.S. Forest Service has directed roughly $2.2 million of a $105.5 million national wood innovation grant round to seven California projects, funding...
Ridge Capital Investors Sells 121-Unit Ukiah Apartment Portfolio for $23.5MM
The deal works out to roughly $194,200 per unit for a pair of renovated communities in a small Mendocino County market where two...
PG&E Lists 21,000 SQFT ‘Power Bunker’ Substation in San Francisco’s SoMa, Targeting AI and Computing Buyers
Pacific Gas & Electric has hired JLL to find a buyer for the Power Bunker, its decommissioned former Substation I in South of...
San Jose Rezones 544,000 SQFT IBM Almaden Campus, Igniting Data Center Fight
The San Jose City Council voted 9-2 to rezone the 35-acre developed core of IBM's former Almaden Research Center for industrial use, a...
KPMG Cuts San Francisco Footprint by a Third in Move to 96,300 SQFT at 505 Howard St.
KPMG’s new building puts it inside the same tower as roughly 100,000 square feet of Anthropic office space, part of an AI company...
NorthPoint Development Kicks Off Infrastructure on 4.7MM SQFT Airport South Industrial Park in Sacramento
NorthPoint Development has begun engineering and permitting the backbone infrastructure for Airport South Industrial Park, a 352-acre project near Sacramento International Airport that...
New York’s Bluerock Pays $330.8MM for HPE’s Former Juniper HQ in Sunnyvale Sale-Leaseback
A New York investment firm has locked up more than two decades of guaranteed rent from one of the world’s largest technology companies...
Dinerstein Companies Pays $59.4MM for 475-Bed San Jose State Student Housing Complex
At roughly $125,000 per bed, the deal lands slightly below the national student housing average even though the property sits a block from...
AvalonBay-Equity Merger Values San Jose’s 218-Unit Avalon at Cahill Park at $102.2MM
The 218-unit Diridon Station-area property topped the per-unit pricing of every other asset in a Bay Area apartment sweep tied to the AvalonBay-Equity...
