INDUSTRY news
1.2MM SQFT San Francisco Centre & Emporium Hits the Market Again With Ground Lease Extended to 2082 and September Call for Offers
One of downtown San Francisco’s largest and most troubled assets is back on the block, this time with a longer ground lease, lower...
Savills Closes $1.11B Eastdil Secured Acquisition, Deepening San Francisco Capital Markets Reach
Savills Plc has completed its roughly $1.11 billion purchase of Eastdil Secured, folding the capital markets specialist and its longstanding San Francisco practice...
Sacramento Advances Financing District for 171-Acre Innovation Park Anchored by California Northstate Teaching Hospital
Sacramento's leaders took their first formal step toward a special financing district that could bankroll the public infrastructure behind Innovation Park, the 171-acre...
Kilroy Weighs Sale or Joint Venture of 7-Acre San Francisco Flower Mart as Development Economics Stall
Kilroy Realty told analysts on its second-quarter earnings call that continued ownership of all or part of its long-stalled Flower Mart megaproject in...
Blackstone Mortgage Trust Lists 686-Key Hyatt Regency SoMa in San Francisco as Part of Portfolio Overhaul
Blackstone Mortgage Trust launches sale of San Francisco's 686-key Hyatt Regency SoMa as part of a broader portfolio overhaul.
San Francisco Planning Commission Backs Fifth Space’s Amendments to 2,600-Unit Potrero Power Station Plan
Developer Fifth Space secured a San Francisco Planning Commission recommendation to loosen commercial-use rules, raise building heights and defer certain housing fees across...
San José Reopens Environmental Review of Federal Realty’s 2.78MM SQFT Santana Row Master Plan
San José reopens environmental review of Federal Realty's Santana Row Master Plan, clearing a path to 2.78MM SQFT of office.
Wareham Development Sells 121,200 SQFT Former Fantasy Studios Site in Berkeley for $9.6MM
A full city block in West Berkeley with deep ties to rock history and Oscar-winning film sound work has changed hands, selling for...
Sobrato Secures Phasing Revisions for 432-Unit Menlo Park Project Near Meta
The Menlo Park Planning Commission voted unanimously to let The Sobrato Organization split its long-approved Bayfront development into independently timed apartment and townhome...
Tallen Capital Clinches Sunrise Mall Deal, Carves Out 14 Acres for Mettle Shop’s $120MM Sunrise Sports Center in Citrus Heights
A purchase-and-sale agreement for roughly 14 acres of Citrus Heights' Sunrise Mall clears the path for The Mettle Shop's $120 million ice-and-turf Sunrise...
Peninsula Land & Capital Buys Foreclosed 37,000 SQFT Los Altos Office Building for $26.9MM
An affiliate of Palo Alto-based Peninsula Land & Capital has acquired the renovated Class A office building at 4410 El Camino Real for...
Hyve Solutions Lands 161,000 SQFT Newark Lease at 6955 Mowry Avenue for AI Infrastructure Push
A rack-scale infrastructure specialist serving the artificial intelligence buildout has secured a major Newark footprint, adding to a wave of AI-driven hardware demand...
