Bay Area
Kayne Anderson, BKM Buy 95,300 SQFT R&D Property in San Jose for $30MM
By The Registry Staff A seven-building business park in North San Jose has changed hands for $30 million, or about $315 per square...
Entitled 30-Unit Mixed-Use Development from Capstack Partners in Los Gatos Hits Market Following Council Approval
Fully permitted project at 151 East Main Street includes four penthouses and ground-floor retail space Development sites with approved entitlements represent a notable...
West Oakland BART Station Development Secures $47MM to Launch 238-Unit Affordable Housing Phase
Mandela Station project wins state tax credits after five failed attempts, breaking ground on 238 units as part of $700 million transit-oriented redevelopment...
September Trade Deficit Narrows to $52.8B on Gold Exports, But GDP Impact Limited by Statistical Treatment
Non-monetary gold accounts for $6.1 billion of $8.8 billion export increase, while capital goods shipments decline $3.3 billion The turbulence in global trade...
Palisade Group and Pearlmark Acquire 143,000 SQFT Newmark Industrial Property for $34MM
Joint venture targets advanced manufacturing tenants in Newark as AI sector drives Bay Area demand Palisade Group and Pearlmark Real Estate have completed...
Bridge Point Oakland, City’s Largest Industrial Development Hits Market as Bay Area Warehouse Demand Surges
A 534,000-square-foot facility positioned near the Port of Oakland, lists for sale amid tight industrial inventory A massive industrial property that represents Oakland’s...
Apple Pays $216MM for Main Street Cupertino Office Buildings in Latest Silicon Valley Acquisition
Cupertino tech titan purchases two Stevens Creek Boulevard properties it already occupies, capping year-long buying spree totaling $1.1 billion Apple Inc. is making...
BXP Sells 14.5-Acre Development Site Planned for Nearly 700,000 SQFT Office Complex in Santa Clara for $90MM
By The Registry Staff A cybersecurity giant has purchased a 14.5-acre Santa Clara development site originally planned for offices, in a $90 million...
DivcoWest Puts 99,000 SQFT Fremont Manufacturing Asset on the Market
Owner tests demand for a power-heavy, single-tenant asset with a long lease and lab conversion potential In the Bay Area’s shifting real estate...
Toll Brothers Posts Higher Revenue but Lower Margins as Backlog Shrinks and Builder Exits Multifamily Business
Luxury homebuilder ends FY25 with $10.84B in home-sales revenue and $1.35B in net income, while demand softens and backlog falls to $5.5B Toll...
Employment Cost Index Rises 3.5% Year-Over-Year in Q3, Slowest Growth Since Mid-2021
Quarterly wage and benefit increases moderate to 0.8 percent as labor market cooling reduces pressure on employers to raise compensation The cooling trend...
California’s Job Market Shows Persistent Weakness as Federal Shutdown Disrupts Data
Delayed report reveals Golden State continues to struggle with nation’s second-highest unemployment rate California’s unemployment situation remained stubbornly elevated in September, with the...
