Finance
Blue Owl Capital Secures $185MM Loan From Natixis Backed by 21-Property Northern California Grocery Portfolio Amid Redemption Crisis
The alternative asset manager leveraged a portfolio of Save Mart, Lucky, and FoodMaxx-anchored shopping centers spanning San Jose to Santa Rosa to unlock...
Davis Polk & Wardwell Leases 44,000 SQFT at San Francisco’s One Market Plaza, Filling Space Left by Google
The elite New York law firm’s two-floor deal at Spear Tower bolsters occupancy at the trophy complex as owners Rithm Capital and Blackstone...
Charles Schwab Leases 115,000 SQFT Across Four Floors at San Francisco’s 425 Market Street
The financial services giant’s phased relocation to the 38-story tower — enabled by Morrison Foerster’s departure for 101 California — underscores Schwab’s continued...
Equinix Pays $51MM for Six South San Jose Buildings Near Firm’s Great Oaks Data Center Campus
The acquisition from Kennedy Wilson expands the data center giant’s footprint in an area where it recently became the first operator to receive...
Amazon Commits $50 Billion to OpenAI in Landmark AI Partnership, Expanding AWS Cloud Deal by $100 Billion
The multi-year strategic partnership will deliver a jointly developed Stateful Runtime Environment, exclusive cloud distribution for OpenAI Frontier, and customized models to power...
Blue Shield’s 146,800 SQFT Northern California Headquarters in El Dorado Hills Listed for Sale
The NNN-leased office campus serves as Blue Shield’s corporate security division hub and one of only three Blue Shield locations in California The...
386,000 SQFT Trophy Office Tower at 55 Second Street Hits the Market in San Francisco After Paramount Group Default
The LEED Platinum, 2002-vintage tower offers nearly 300,000 square feet of contiguous vacancy and prominent building signage in the heart of the Second...
BART Board Votes 8-1 to Approve Contingency Blueprint for Sweeping Service Cuts, Station Closures, and Possible System Shutdown
The transit agency’s alternative service plan outlines three escalating phases of reductions — including the elimination of 1,170 jobs — if voters reject...
Hudson Pacific Posts $278MM Quarterly Loss as Bay Area Portfolio Occupancy Holds at 70.6 Percent Amid Looming Lease Roll
REIT extends streak of quarterly losses with $572MM full-year deficit while 22-property Northern California platform faces significant Google, Salesforce expirations in 2027-2028 Hudson...
Private Investor Lists 11,600 SQFT Downtown Burlingame Retail Asset Anchored by Wells Fargo for $15MM
Fully leased Burlingame Avenue property offers fee-simple ownership in one of the Peninsula’s tightest retail corridors On the San Francisco Peninsula, where retail...
Industrious Doubles Down on San Francisco With 14,000 SQFT Executive Suites Push as Financial District Tightens
Coworking operator targets premium users with private-office concept as downtown vacancy edges lower and AI-sector demand accelerates Industrious is betting that San Francisco’s...
OpenAI Signs 10-Year Lease for 439,000 SQFT Mountain View Campus
The ChatGPT maker secures former Symantec headquarters with right of first refusal to purchase, deepening its commitment to the South Bay office market...
