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Aerial view of downtown San Jose in the evening; Silicon Valley, South San Francisco Bay Area, California
CommercialFinanceINDUSTRY news

SFF Realty Partners Buys 416,000 SQFT Zoom-Anchored The Almaden in Downtown San Jose for $82MM

At a reported $197 per square foot, The Almaden traded at about 42 percent below Silicon Valley’s third-quarter average office price, and at...

Union Square in San Francisco
FeaturedINDUSTRY newsLeasingRetail

Union Square Retail Vacancy Eases to 15% as Uniqlo Returns and $43MM Powell Street Overhaul Nears

San Francisco officials put Union Square's retail vacancy just above 15 percent, down from a pandemic-era peak near 23 percent, yet the district...

view of San Francisco from air with Bay Bridge
AECFinanceINDUSTRY newsResidential

DM Development, Ascentris Close on 152-Unit 321 Florida in San Francisco’s Mission With $61.7MM PNC Construction Loan

The project, refined since its 2021 approval, will deliver 152 apartments, 15 of them affordable, in late 2028, as county rents climb 15.7...

Skyline of San Francisco
AECINDUSTRY newsResidential

San Francisco Supervisors Approve Amended Development Agreement for Fifth Space’s 29-Acre Power Station in Dogpatch

San Francisco supervisors approve Fifth Space's amended Power Station development agreement, adding flexibility for 2,600 homes in Dogpatch.

Aerial View of San Jose, California at Sunrise
FinanceINDUSTRY newsResidential

Brookfield, Coastal Ridge Acquire 260-Unit The Grad Student Tower in Downtown San Jose for $204.8MM

The 1,039-bed purchase comes as Bay Area apartment deliveries fall to their lowest level since 2013 and national student housing preleasing nears 90...

victor-y8OXJqJ063w-unsplash-warehouse industrial
FinanceIndustrialINDUSTRY newsLeasing

Lincoln Property, New York Life Pay $37.5MM for 150,000 SQFT Hayward Warehouse

A 1977 Hayward warehouse that PPF Industrial bought for $14.3 million in 2016 has sold for $37.5 million to a Lincoln Property and...

facade of an industrial property
CommercialIndustrialINDUSTRY newsLeasing

Anthropic Eyes 100,000 SQFT Industrial Building at 2000 Folsom in San Francisco’s Mission District for R&D Lab

If the deal for the former food factory at 2000 Folsom St. closes, Anthropic would join Amazon Robotics, Medra and DoorDash in taking...

Skyline of San Francisco
CommercialFinanceINDUSTRY newsResidential

Academy of Art Moves to Foreclose on Tony Garnicki Affiliate Over $3.6MM Seller Loan at 2300 Stockton in San Francisco

Four months after Academy of Art University sold its former office building at 2300 Stockton Street to an affiliate of investor Tony Garnicki,...

Skyline of San Francisco with a look down Market Street
AECCommercialINDUSTRY newsResidential

Kilroy Pitches Flexible Flower Mart Plan With Up to 3,532 Homes and 600-Foot Towers in Central SoMa

In an informational hearing on Oct. 1, the Planning Commission got a first look at Gensler's design framework for the 6.5-acre Brannan Street...

Rendering of building design in San Francisco
AECCommercialINDUSTRY newsLeasing

BXP Signs On as Consultant, JLL Lands Leasing Assignment for 1.5MM SQFT Fifty at First Tower in San Francisco

The San Francisco Recovery Fund has formally brought BXP aboard as a development, leasing and marketing consultant and named JLL exclusive office leasing...

Aerial of the San Francisco Bay
CommercialFinanceINDUSTRY newsLeasing

Diamond’s Snowflake- and WeWork-Leased 306,000 SQFT Concar Campus Still on the Market in San Mateo, Seven Years After $320MM Buy

The fully leased, 2017-vintage office campus beside San Mateo's Hayward Park Caltrain station has been on offer since early summer, putting a price...

Manufacturing facility
CommercialFinanceINDUSTRY newsLife Science

Outshine Properties-Linked Group Buys 241,000 SQFT RATIO Innovation Campus in Emeryville for $63.5MM, Half Beacon Capital’s 2020 Price

A New York investment group tied to life science specialist Outshine Properties has picked up Emeryville's RATIO Innovation Campus for $63.5 million, a...

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