Commercial

8447 Articles

Crankstart and DDC Bankroll Half of $40MM Embarcadero Plaza Overhaul as Tech Money Reshapes San Francisco’s Waterfront

Michael Moritz’s foundation and a downtown business coalition are putting up $20 million to remake the city’s “front door,” cementing a public-private playbook...

Newmark Hires Drew Petersen as San Francisco Market Leader

San Francisco, CA (May 18, 2026) — Newmark today announces that the Company has hired industry veteran Drew Petersen as Executive Vice President...

Presidio Bay Emerges as Buyer for $100MM Nonperforming Loan on Landmark 301 Battery in San Francisco

The San Francisco investor, working with hospitality entrepreneur Phil Spiegel, is in line to take control of the 208,000-square-foot former Federal Reserve Bank...

Newsom’s Four-Day Office Mandate Lands July 1, Sending 108,000 State Workers Back to Downtown Sacramento

After a one-year union-bargained delay, Executive Order N-22-25 takes effect — a lifeline for a Sacramento CBD office market sitting on a decade-high...

Sutter, Santa Clara University Land $175MM Gift to Anchor First New Bay Area Medical School in a Century at 82,000 SQFT Mission College Blvd. Campus

A Silicon Valley dual-campus repositioning of vacant office space gains a teaching arm — and rewrites how Northern California will train its next...

City Controller: San Francisco Economy Has Reached an Inflection Point

Q1 2026 indicators show tech hiring rebound, office vacancy retreating, and downtown foot traffic climbing as city hits economic inflection point San Francisco’s...

Julia Morgan School Eyes Former Bellevue Club on Lake Merritt for Permanent Oakland Campus

Gensler has filed plans to convert the 40,000-square-foot Beaux-Arts building at 525 Bellevue Avenue into classrooms, labs and a convertible gymnasium for 75...

Silicon Valley Initiative Partnership Secures $74.1MM Financing for Bank of Italy Office-to-Residential Conversion in San Jose

SAN JOSE, Calif. – May 15, 2026 – Cushman & Wakefield, a global real estate services firm, announced today that it has arranged...

Concord, U.S. Navy Reach Term Sheet to Convey 2,422-Acre Naval Weapons Station to Brookfield-Led Reuse Project

After two years of negotiations, the Navy is set to receive an estimated $628 million over a 30-year build-out featuring 12,272 housing units,...

San Francisco Office Vacancy Headline Masks a Two-Tier Market as Premier Towers Tighten

A new Cushman & Wakefield report finds that more than half of the city’s available space has sat empty for over three years,...

Rubicon Point Partners Lands Shockwave Medical’s 200,000 SQFT Santa Clara R&D Campus for $87.2MM in Opening Salvo of Billion-Dollar West Coast Push

The San Francisco-based investment firm secures a four-building, 12.86-acre campus fully NNN leased to a Johnson & Johnson subsidiary, signaling an aggressive new...

Rudolph and Sletten Awarded Contract for Sutter’s 120,000 SQFT Advanced Orthopedics & Sports Medicine Care Complex in Sacramento

MENLO PARK, Calif.–Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph...

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