Finance
Sacramento Moves to Declare 102-Acre Meadowview Parcel Surplus Four Years After $12.3MM Purchase
Sacramento is preparing to declare its vacant 102-acre Meadowview property surplus under state law, a step that would open the door to selling...
Fully Entitled 10-Acre North Natomas Site Hits Market at $5.65MM, Approved for 282 Apartments in Sacramento
CBRE has listed a fully entitled 10.13-acre parcel on Arena Boulevard in Sacramento's North Natomas submarket, approved for a 282-unit apartment community and...
Flynn Properties Takes 585,000 SQFT 225 Bush via Deed in Lieu After $221MM Loan Buy in San Francisco
Flynn Properties has now bought both 225 Bush St. and Market Center by acquiring the loan and taking a deed in lieu, getting...
Waymo Eyes 120,000 SQFT of Google’s Former Space at One Market Plaza as Rithm, Blackstone Race $850MM Loan Deadline
Alphabet's robotaxi unit Waymo has signed a letter of intent for roughly 120,000 square feet across three podium floors at One Market Plaza,...
Hudson Pacific Sells 284,000 SQFT 875-899 Howard in San Francisco for $65.5MM
Hudson Pacific Properties has unloaded its two emptiest San Francisco office holdings for $65.5 million, entitling part of a vacant former Burlington Coat...
Propositions 1 and 37 Put $36B Housing Bet Before Northern California Voters
The two measures on California's November ballot would authorize more than $36 billion in bonds to build affordable apartments and push middle-income renters...
Basin Street Properties Acquires 113,000 SQFT Northgate Office Pair in San Rafael, Returning to Its Marin Roots
Basin Street Properties has closed on 899 and 1050 Northgate Drive, the 113,094-square-foot office and medical office pair that hit the market this...
Lennar Trades Margin for Volume as 7% Rates Squeeze California Homebuyers
Lennar Corporation delivered 20,840 homes and $8.05 billion in revenue in its fiscal third quarter but missed Wall Street targets, deliberately sacrificing profit...
Property Reserve Buys 330-Unit Mountain View Apartment Complex for $296.7MM
The LDS Church's investment arm, Property Reserve, pays $296.7 million for the 330-unit Village Residences in Mountain View, just 1.6% above its 2019...
Zurich Alternative Asset Management Buys 78,000 SQFT 410 Townsend for $47.4MM in San Francisco
Zurich Alternative Asset Management pays $47.4 million for 410 Townsend, more than double its 2024 sale price.
Santa Clara County Opens $340MM, 232,000 SQFT Valley Health Center San José-Campbell on Former Dick’s Center Site
Four years after a developer paid $26.2 million for a slice of a demolished strip center, Santa Clara County is opening its largest...
The Exit for the Rent-Capped Building
Prop 13 keeps him in. Rent control starves him. Prop 19 took away the ending he was counting on. There's a third door,...
