Finance
96,000 SQFT Office Building at 417 Montgomery Hits the Market in San Francisco’s North Financial District
The value-add offering in the heart of San Francisco’s top-performing office submarket arrives as citywide leasing activity surpasses pre-pandemic levels and AI-fueled demand...
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Steel Peak Properties and Tarsadia Investments Target $500MM IOS Portfolio Across Western U.S.
The Encinitas-based firm, founded just two years ago by former brokers, has already acquired 11 properties and is now scaling rapidly with institutional...
Albertsons Puts Newly Constructed 55,800 SQFT Safeway in Mountain House Up for Sale Via NNN Lease
The grocery giant is marketing its San Joaquin County store as a single-tenant investment opportunity in one of Northern California’s fastest-growing master-planned communities...
Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+
The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...
Fortinet Acquires Seven Sunnyvale Parcels from Intuitive Surgical for $47MM
The cybersecurity giant’s all-cash purchase of sites at Kifer Road and Commercial Street positions the company to assemble a new campus adjacent to...
Post Investment Group Acquires 152-Unit Almaden 1930 Affordable Housing Complex for $41MM in San Jose
The Beverly Hills-based firm, a specialist in Low-Income Housing Tax Credit acquisitions, paid approximately $269,700 per unit for the income-restricted property near Willow...
Interstate Equities Corporation Acquires 140-Unit Multifamily Portfolio in Davis for $42.8MM, Marking Firm’s Entry Into Student Housing
The two-complex deal at $306,000 per unit represents only the third sale of a 100-plus-unit multifamily asset in Davis since 2020 Interstate Equities...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
Flynn Properties and Highgate Reopen 143-Room Huntington Hotel on Nob Hill Following Multimillion-Dollar Renovation
The 104-year-old landmark returns as a luxury independent hotel after six years of closure, signaling renewed investor confidence in San Francisco’s hospitality market...
Yoda Plc to Pay ~$700MM for 750,000 SQFT Transamerica Pyramid Center, San Francisco’s Largest Office Trade Since 2021
The deal values the iconic Financial District complex at approximately $933 per square foot, representing a significant loss for the selling venture that...
CIT Bank Sells 118,000 SQFT Leamington Building in Downtown Oakland for $14.4MM
The 118,000-square-foot landmark at 1814 Franklin Street, originally a luxury Spanish-style hotel that opened in 1926, traded at $122 per square foot to...
