Avison Young
225 Bush CMBS Loan Liquidates With $139.6MM Loss After Flynn’s $221MM Note Buy of 581,000 SQFT San Francisco Tower
The $350 million CMBS loan on 225 Bush St., the century-old former Standard Oil headquarters in San Francisco's Financial District, has been fully...
North Natomas Sublet Availability Hits 13.44%, Pushing Submarket’s Total Availability Past 30%
Sublease listings now account for close to half of all available office space in Sacramento's North Natomas submarket, a concentration that sets the...
San Francisco Down to 35 Office Blocks of 100,000 SQFT as Tech Chases Record Year of Large Deals
San Francisco's supply of contiguous 100,000-square-foot office blocks has dropped to 35, down from a peak of 58 three years ago, while 26...
San Francisco Recovery Fund Files Formal Plans for 1.5MM SQFT Fifty at First Office Tower, Holds Hotel and Housing Tower in Reserve
The San Francisco Recovery Fund has formally asked city planners to rework the stalled Oceanwide Center approvals at First and Mission streets, trading...
19,000 SQFT Jackson Square Office Building Trades for $5.24MM, Half of 2024 Asking Price
The 924 Sansome Street sale closes at $273 per square foot, signaling that distressed pricing persists for smaller San Francisco office assets even...
Epic Church Enters Agreement to Acquire 40,000 SQFT Historic Union Square Sanctuary in San Francisco for $15MM
The nondenominational congregation is betting on a spiritual revival to match San Francisco's economic comeback, targeting a 1913 Reid Brothers landmark that has...
Note Buyer Forecloses on 206,000 SQFT Oakland Office at $8.7MM After East West Bank Sells Distressed Loan
A Lafayette-based note purchaser takes title to Edgewater Park Plaza near Oakland International Airport, capping a 75 percent valuation collapse as East Bay...
Sobrato Lands Fully Leased 73,390 SQFT Cannery in Palo Alto Adaptive Reuse Bet
The Sobrato Organization opens an all-electric Class A office campus on the century-old Bayside Cannery site, capitalizing on flight-to-quality demand in the Peninsula's...
Rithm Pivots Paramount Portfolio Into Elecor With $250MM Amenity Blitz Across New York and San Francisco
Michael Nierenberg's $63 billion alternatives firm rebrands its 16-building, 13.8 million-square-foot office platform and doubles down on hospitality-style upgrades to capture flight-to-quality demand....
Kairos Lists 193,000 SQFT 550 Kearny in San Francisco as AI Recovery Reignites Value-Add Bets
Irvine investor flips to disposition mode less than two years after seizing the North Financial District tower at a steep loan-purchase discount, betting...
Larkin Street Youth Services Lands 19,350 SQFT Lease at Lighthouse Building at 1155 Market in San Francisco
The 91-month deal at 1155 Market Street relocates the homeless-youth nonprofit from 711 Van Ness, swapping into a Class A asset directly above...
Hudson Pacific Rides Bay Area AI Surge to Best Leasing Year Since 2019
The largest public REIT office landlord in the region signed a 20-year deal with San Francisco and posted 2.5 million square feet of...
