Commercial

8487 Articles

PG&E Doubles Santa Teresa Substation Capacity to 80MW in San Jose, Clearing Path for Equinix Data Center Growth

PG&E has completed an expansion that doubles the capacity of its Santa Teresa Substation in South San Jose to 80 megawatts, the first...

Construction Lenders Confront a Shifting Risk Map in 2026 as Data Center Race, PFAS Liability and Permitting Delays Reshape Underwriting

Construction risk has not disappeared from the lending landscape heading into 2026—it has migrated into new territory, from the breakneck data center buildout...

City of San Francisco Expands 1455 Market St. Lease by 502,000 SQFT in $1B-Plus Deal, the Region’s Largest Since 2018

San Francisco has committed to its largest office lease since 2018, expanding the city government’s footprint at Hudson Pacific Properties’ 1455 Market St....

Kaiser Permanente Files Permits for 760,900-SQFT Replacement Hospital at 2190 O’Farrell Street in San Francisco

Kaiser Permanente has filed building permits for its replacement San Francisco hospital at 2190 O’Farrell Street, revealing a project substantially larger than initially...

Allen Matkins/UCLA Anderson Survey Finds CRE Distress Has Peaked as Deals Close Despite War-Driven Rate Spike

The Summer 2026 Allen Matkins/UCLA Anderson Forecast survey of California commercial real estate sentiment found that industry distress has peaked and transactions are...

Morningstar Flags $505MM Loan on Meta’s 701,000-SQFT Moffett Towers II Campus in Sunnyvale as Layoffs Mount

Credit analysts have placed the $505 million loan backing Moffett Towers II Buildings 3 and 4 in Sunnyvale under watch after Meta Platforms,...

Strada Investment Group Closes $103MM Purchase of Samsara’s 133,427 SQFT Headquarters in San Francisco

The $771-per-square-foot deal for the fully leased Showplace Square building gives San Francisco’s recovering office market something it has lacked since the pandemic:...

Mass Timber Emerges as Embodied-Carbon Fix for Data Centers, Cutting Footprint Up to 60%

Engineers from Thornton Tomasetti and Gensler make the case that hybrid mass timber can slash data center embodied carbon and compress schedules without...

San Jose Business Leaders Mobilize as Council Confronts $50MM Budget Deficit

The San Jose Silicon Valley Chamber of Commerce is rallying business leaders ahead of Monday’s City Council budget hearing, where a $5.5 billion...

Palo Alto Converts Former Downtown Gym Building Into Bryant Street Community Center 

The city repurposes its 2004-built downtown property at 429 Bryant St. into a teen center and permanent home for La Comida’s senior nutrition...

San José Bets on Public Art to Activate Downtown Core Ahead of World Cup 2026 Crowds

A three-month kaleidoscope installation at Circle of Palms anchors the city’s bid to draw foot traffic to a downtown grappling with 30.8 percent...

Chawla Ventures Buys 58,000 SQFT North San Jose R&D Building Anchored by Lyten for $13.5MM

A North San Jose research and office building anchored by lithium-sulfur battery developer Lyten trades to a Palo Alto investor at a discount...

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