Finance
CIM Group’s 165,000 SQFT Central Tower Heads to Foreclosure in San Francisco After $98MM Default
A freshly recorded appraisal reduction and a slide past 121 days delinquent have deepened the distress at the historic Central Tower, where special...
Clarion Partners Buys 209,700 SQFT Fremont Logistics Facility for $89.5MM
A fully leased Fremont logistics building has traded for $10 million more than its owner paid just two years ago, a jump that...
UCLA Warns Bay Area Hyperscalers’ Data-Center Debt Carries Recession Risk
A September 2026 UCLA Economic Letter warns that the fast-growing debt financing the AI data-center boom, much of it carried by Bay Area...
Ascentris, DM Development Close on 152-Unit 321 Florida in San Francisco’s Mission, Land $61.7MM PNC Construction Loan
The Denver-based private equity firm Ascentris and San Francisco developer DM Development have closed on 321 Florida and a $61.7 million PNC Bank...
Starbucks-Anchored Castlewood Corner, a 17,000 SQFT Credit-Tenant Retail Center in Gilroy, Hits the Market at $13.5MM
A 16,500-square-foot, credit-tenant retail center anchored by Starbucks and U.S. Bank on Gilroy's busiest commercial artery has been listed for sale at just...
Rubicon Point Partners Buys 160-Unit Ansel Apartments in San Francisco’s Hayes Valley for $98.3MM
A Class A apartment tower that Newmark spent much of this year marketing as a rare fee-simple, core multifamily offering has traded for...
WareSpace Enters Bay Area With $16.05MM Purchase of 64,100 SQFT South San Francisco Warehouse
The deal brings WareSpace to 34 facilities nationwide as Jadian Capital’s expanded $500MM commitment fuels a push toward 100 locations. WareSpace, a national...
IQHQ Hands Vacant 330,000 SQFT South San Francisco Biotech Building to Apollo
With Bay Area life science vacancy above 30% and rents still falling, a lender-controlled Spur building becomes a test case for who can...
JLL Income Property Trust Buys Roseville Outpatient Center for $19MM
A fully redeveloped, 95%-leased outpatient building near two Roseville hospital campuses pushes JLL Income Property Trust’s healthcare allocation to 10% of its $7.0...
Performing Arts Group Nears Purchase of Oakland’s Historic Scottish Rite Center
Built in 1927 and reworked into Greek-influenced Art Deco style after lake-air damage in the 1930s, the century-old venue would keep a rare...
Galvanize Buys 302,000 SQFT Cadillac Court Industrial Campus for $94MM in Milpitas
Tom Steyer’s climate investment firm paid roughly $312 per square foot for the four-building Milpitas campus, a bet that Silicon Valley’s sub-2-percent industrial...
Keech Properties Buys 83-Unit Sunsweet Apartments for $45MM in Morgan Hill
Keech Properties buys the 83-unit Sunsweet apartments in downtown Morgan Hill for $45MM, above its $37.6MM development cost.
