Commercial
Madison Capital & PGIM Close $95MM Acquisition of 360,000 SQFT 123 Mission in San Francisco, Completing Turnaround of Former Juul Tower
The deal prices the 29-story South Financial District office tower at roughly $264 per square foot — a 76 percent discount from Juul...
Madison Capital Closes $265MM Acquisition of 594,000 SQFT Office Tower at 45 Fremont in San Francisco’s Financial District
New York-based investor finalizes purchase of the 34-story skyscraper near Salesforce Tower at approximately $446 per square foot, completing a debt acquisition strategy...
Meridian Group & Fenway Capital Close $200MM Acquisition of 667,000 SQFT Office Tower at 415 Natoma in San Francisco’s SoMa
The deal, priced at roughly $300 per square foot, caps a debt-to-deed transfer for one of the city’s newest and most vacant office...
BridgeBio Pharma Subleases 95,000 SQFT at Icona Labs in San Francisco’s Mission Bay
Palo Alto-based genetic disease drugmaker expands footprint at former Dropbox headquarters as AI and biotech tenants fuel record-high net absorption across San Francisco...
Hamilton Zanze Lists 113,000 SQFT Northgate Portfolio in San Rafael as Marin County Office Supply Contracts
Two-building office and medical portfolio positioned adjacent to the 1,422-unit Northgate Town Square redevelopment targets value-add investors amid shrinking competitive inventory. Hamilton Zanze...
Pacific Workplaces Leases 29,500 SQFT at Vornado Realty Trust’s 315 Montgomery Street in San Francisco
Coworking operator signs two-floor lease at Vornado’s Iconic Financial District Office Campus SAN FRANCISCO, April 7, 2026 — Pacific Workplaces, a San Francisco–based...
State of California Lists Historic 470,000 SQFT Sacramento Courthouse for $13.6MM
The Gordon D. Schaber Sacramento County Courthouse hits the market as judicial operations relocate to a newly constructed facility a few blocks away...
$514MM Tani G. Cantil-Sakauye Sacramento Superior Courthouse Opens in 538,000 SQFT Railyards Landmark
The 18-story facility consolidates criminal and civil court operations into a single location, marking the first major completed project in Sacramento’s 244-acre Railyards...
Bayhill Ventures Acquires Foreclosed 79,000 SQFT San Francisco Building at 1128 Market for $7.5MM, 85% Discount from 2019 Pricing
San Francisco-based developer purchases vacant Mid-Market property from East West Bank at approximately $95 per square foot, reflecting an 85 percent decline from...
Carmel Partners Closes Fund 9 at $1.35 Billion
SAN FRANCISCO, April 7, 2026 – Carmel Partners (“Carmel”) announced today the final close of Carmel Partners Investment Fund 9, its U.S. multifamily real estate value...
San Francisco–San Mateo Payrolls Drop 12,200 in January, but the Bay Area’s Recovery Keeps Building Underneath
A tech sector that is growing again, a restaurant scene that refuses to slow down, and a construction rebound all point to an...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
