Lender Pulling out of Walnut Creek Office Acquisition; Unclear if Sale Will Go Through

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By Jon Peterson Pulling out of deals may be a recurring theme over the next few months, as the fallout from the Covid-19 pandemic works itself through the economy. In one...

SFO to Consolidate Flights in the International Terminal to a Single Concourse

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All flights using the International Terminal will depart from Boarding Area G effective April 1st SAN FRANCISCO - March 26, 2020 – As a result of reduced flight and passenger activity related...

Presidio’s Welcome Club House

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By Meghan Hall The age of technology has dramatically altered everything about how we interact with others: when, how frequently, where. It has even altered what we seek out as...
Oceanwide Center Hony Capital Foster and Partners San Francisco Bay Area Salesforce Tower TMG Partners Northwood Investors

Beijing-Based Hony Capital to Buy San Francisco’s Oceanwide Center for $1.2B

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By Vladimir Bosanac & Meghan Hall Following a protracted sales process, Oceanwide Center, a stalled, one million square foot development project in San Francisco, could soon have a new buyer....

U.S. 101 Mobility Action Plan Looks to Connect Bay Area

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By Jack Stubbs The nine-county Bay Area, home to nearly eight million people, continues to undergo an immense transformation as commercial and residential development occurs at a rapid rate —...

Tomorrow is Another Stay: Impacts of COVID-19 on the Hotel Industry Part Two

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By Jena Thornton The effect from the coronavirus continues to have stunning impact on the hotel industry in the US and around the world. Vital statistics Here are some meaningful comments and...

Arizona Pension Fund Delays Hiring of San Francisco Manager Due to Economic Effects of...

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By Jon Peterson Arizona State Retirement System has decided not to move forward at this time with the hiring of a real estate manager that would be considered a “sharpshooter” for...

Tomorrow is Another Stay: First Impacts of COVID-19 on the Hotel Industry

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By Jena Thornton The Black Swan has arrived.  Definition of black swan: An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult...

TMG Partners Buys 410,106 SQFT The Quad in Santa Clara for $152MM

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(EDITOR'S NOTE: The property sold for $152 million, or just under $371 per square foot, according to county documents. The seller of the property was JP Morgan. The seller...

Waterton Starts Capital Raise on New Residential Fund With Bay Area in Focus

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By Jon Peterson Chicago-based Waterton has kicked off the marketing process for its next commingled fund—Waterton Residential Property Venture XIV—according to sources familiar with the fund details and its initiative. Waterton...

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