CoStar
AI Boom Set to Drive Silicon Valley Apartment Vacancy to Decade Low as Rents Near $3,600
A surge of artificial intelligence investment is tightening Silicon Valley’s apartment market faster than developers can respond, with CoStar projecting vacancy will fall...
AI Capital Pulls Silicon Valley Office Market Off the Floor as Nvidia, Apple Spend Billions and Vacancy Drops to 15.3%
A surge of artificial-intelligence venture capital is reviving Silicon Valley’s battered office market, with Nvidia and Apple spending billions on acquisitions and South...
San Francisco Office Leasing on Pace for 30-Year High as Sublease Glut Recedes
San Francisco’s office market is on track for its strongest leasing year in three decades, as a shrinking sublease overhang, falling vacancy and...
South Bay Wages Hit $198,798 as Apartment Demand Surges and Housing Shortage Squeezes Santa Clara County
Santa Clara County’s economy is expanding even as its job market contracts, a divergence that is keeping wages high, apartment demand red-hot and...
San Francisco Office Leasing on Pace for 30-Year High as Sublease Glut Recedes
San Francisco’s office market is on track for its strongest leasing year in three decades, as a shrinking sublease overhang, falling vacancy and...
Napa Valley’s Only Full-Service American Canyon Hotel Featuring 132 Rooms Lists for $19.9MM
DoubleTree by Hilton hits the market as Napa County lodging outperforms the cooling national hotel sector The only full-service hotel in American Canyon...
San José Lines Up $6.25MM Waiver to Jumpstart Hanover’s 372-Unit Seely Tower
The City Council will weigh tax and fee relief on June 23 for the next phase of a 1,430-unit North San José master...
336-Unit The Fay in San Jose Acquired for $175MM in Post-Foreclosure Bet
A discounted purchase paired with a city-subsidized leasing program aims to rescue a downtown tower that opened to acclaim, then nearly half-emptied. Two...
Quarterra’s 500-Unit Emery in Emeryville Hits the Market as Part of 3,746-Unit National Listing
The former Sherwin Williams paint factory site is the largest asset by unit count in a 10-property portfolio JLL is marketing as Lennar’s...
Private Investor Sells 61-Room Best Western Salinas Valley Inn & Suites for $9.99MM in Monterey County
The Highway 101-adjacent hotel near Historic Downtown Salinas traded at roughly $164,000 per room, well above the statewide median in a constrained California...
Farallon Capital Acquires Four Pacific Shores Center Buildings Totaling 686,000 SQFT in Redwood City for $140MM
The hedge fund bought three buildings from Google and a fourth from DivcoWest across the 686,000-square-foot tranche, backed by a $173.6MM ACORE loan...
Strada Files SB 423 Application for 568-Unit Waterfront Tower at 555 Beale, Testing Prop B Height Limits
Developer trims unit count, locks in ministerial review path with $200MM application as Embarcadero project advances toward 2028 construction start Strada Investment Group...
