Finance
Lone Star Funds Takes Ownership of 600 California Street Tower in San Francisco for ~$360 Per SQFT
The Dallas-based private equity firm acquires the 360,000-SQFT North Financial District office building through foreclosure, marking its first major Bay Area office play....
Workday Sells 60,000 SQFT Pleasanton Office Building for $5.5MM, 73% Below Assessed Value
The human resources software giant unloaded a second campus building in four months at steep discounts as it consolidates operations around the West...
CIM Group Nears Consensual Foreclosure of 165,000 SQFT San Francisco Tower After Unity Software Departure, $98MM Loan Default
Lenders expect to take ownership of the historic two-building property by the fourth quarter of 2026, marking the second San Francisco office asset...
Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water
The world’s largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...
Five Point Posts Q1 Loss, Launches $40MM Buyback as California Land Sales Slide to Back Half
The Irvine developer is holding fire on major land deals until the third and fourth quarters, betting that patience preserves pricing power in...
USDA-Leased 22,000 SQFT South San Francisco Facility Listed at $48MM with 14-Year Federal NNN Term
Tran Real Estate Group and Luzon Real Estate Ventures bring a rare GSA-tenanted asset to market at a sub-5 percent going-in cap rate...
Tourbineau Files Plans for 174-Unit Apartment Project at Country Club Plaza in Sacramento’s Arden-Arcade
Seattle-based developer advances the residential phase of its multiphase redevelopment of the long-dormant northern anchor of the El Camino and Watt corridor mall...
Lone Star Funds Takes Ownership of 360,000 SQFT Office Tower in San Francisco After Foreclosure Auction Draws No Bidders
The Dallas-based private equity firm acquired the debt from Goldman Sachs for $130 million in January and took ownership through a credit bid...
DRA Advisors, Blue Rise Ventures List 636,000 SQFT Fremont and Milpitas Industrial Portfolio Along 880 Corridor
The eight-building package is 88 percent leased with in-place rents 25 percent below market and sits amid concentrated institutional ownership from Prologis, Blackstone,...
Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio
The Santa Monica-based mall operator’s 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...
Bardis Land Company Acquires 311-Acre Shalako Property to Extend Legado Master Plan in Rancho Cordova
The acquisition adds 1,021 single-family lots, 237 multifamily units, and 16 acres of commercial development to the firm’s residential pipeline southeast of Sunrise...
950,000 SQFT Return at Former VMware HQ Reshapes Stanford Research Park R&D Market
A 13-building Palo Alto campus at 3401 Hillview drives the San Francisco Peninsula’s Q1 2026 net absorption to negative 1.3MM SQFT and pushes...
