Finance
Essential Housing Pays $109.7MM for Former Saratoga Vineyard, Partnering with Lennar to Deliver 64-Unit Residential Project
City Connect’s century-old Saratoga vineyard traded to TPG for $109.7 million — a $79 million return that proves that in a market where...
Prometheus Real Estate Group Pays $69.5MM for 173-Unit Highlander Apartments in Sunnyvale
In a Bay Area apartment market that has spent 18 months generating distress headlines, Prometheus paying 4.3 percent above the county average for...
Peninsula Land & Capital Acquires 152,300-SQFT Office Complex in San Jose for $25MM
With Silicon Valley office vacancy at a 22.5 percent ceiling and a construction pipeline at a 14-year low, Peninsula Land & Capital’s $25...
Prologis Pays $14MM for 14-Acre Vacant Industrial Site at 455 Piercy in South San Jose
The world’s largest industrial landlord quietly tripled a South San Jose land bet — buying an entitled but unbuilt 14-acre site for $14...
Pepper Lane Properties Lists 20,000 SQFT Los Gatos Office and Retail Building for $13MM
Pepper Lane Properties has placed a half-vacant, two-story office and retail building on one of Los Gatos’s busiest commercial corridors up for sale...
Boyd Watterson Acquires UC Davis Health-Leased, 82,053 SQFT Sacramento Warehouse for $41MM
Boyd Watterson Asset Management has paid $41 million for a newly built, LEED Gold industrial facility in Sacramento that houses UC Davis Health’s...
La Scuola Opens 20,370 SQFT, $34.85MM Vertical Campus at 3270 18th Street in San Francisco’s Mission
La Scuola International School has completed a purpose-built, four-story campus in San Francisco’s Mission District, capping a roughly $35 million project financed largely...
Bridgepoint’s $1.39B Kayne Anderson Real Estate Buyout Hands a London Owner One of the Bay Area’s Busiest Light-Industrial Buyers
A London-listed private markets firm has agreed to buy Kayne Anderson Real Estate for roughly $1.39 billion, putting a UK owner atop a...
California Clinches Nation’s No. 2 GDP Growth at 3.7% in First Quarter
California’s economy grew at a 3.7 percent annualized rate in the first quarter of 2026, the second-fastest pace in the country, as a...
Rubicon Point Partners Acquires 115,000 SQFT Wolfe Square Office Campus Near Apple Park for $53MM in Cupertino
Rubicon Point Partners has snapped up Wolfe Square, a Class A office campus steps from Apple’s headquarters in Cupertino, for roughly $53 million,...
Sacramento City Unified Declares Historic 4.83-Acre McClaskey Center Surplus, Opening East Sac Infill Site to Developers
Sacramento City Unified School District has cleared the way to sell the century-old A. Warren McClaskey Adult Center, a 4.83-acre East Sacramento parcel...
Goldman Cuts US Recession Odds to 15% as Oil Retreats, but Warns of Hawkish Fed and Stretched AI Valuations
Goldman Sachs has lowered its 12-month US recession probability to the long-term norm of 15 percent following a US-Iran agreement that pulled energy...
