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Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+

The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...

Rendering of an apartment building with a blue sky background
FinanceINDUSTRY newsResidential

Interstate Equities Corporation Acquires 140-Unit Multifamily Portfolio in Davis for $42.8MM, Marking Firm’s Entry Into Student Housing

The two-complex deal at $306,000 per unit represents only the third sale of a 100-plus-unit multifamily asset in Davis since 2020 Interstate Equities...

135-Room Historic Huntington Hotel in San Francisco Prepares for Grand Reopening After Years-Long Restoration
FinanceHospitalityINDUSTRY news

Flynn Properties and Highgate Reopen 143-Room Huntington Hotel on Nob Hill Following Multimillion-Dollar Renovation

The 104-year-old landmark returns as a luxury independent hotel after six years of closure, signaling renewed investor confidence in San Francisco’s hospitality market...

Oakland, West Oakland Army Base, Port of Oakland, Alameda County Superior Court, Bay Area, Alameda County
CommercialFinanceINDUSTRY news

CIT Bank Sells 118,000 SQFT Leamington Building in Downtown Oakland for $14.4MM

The 118,000-square-foot landmark at 1814 Franklin Street, originally a luxury Spanish-style hotel that opened in 1926, traded at $122 per square foot to...

Aerial View of San Jose, California at Sunrise
CommercialFinanceINDUSTRY news

Anatomage Affiliate Pays $27.8MM for 151,400 SQFT Former Cisco Office Building in North San Jose

The Santa Clara-based medical visualization technology firm’s purchase from South Bay Development marks the second trade in roughly two months for the Zanker...

Hotel entrance with ornate door
FinanceHospitalityINDUSTRY news

400-Room Stanford Court Hotel Hits the Market on San Francisco’s Nob Hill Amid Hospitality Rebound

The historic hotel, currently under court-appointed receivership following a contentious foreclosure lawsuit, hits the market as rising investor confidence and major events fuel...

Fall colors of Pleasanton, California
CommercialFinanceINDUSTRY news

Former Patelco Credit Union HQ at 5050 Hopyard Road Enters Contract for ~$19.5MM Sale to Owner-User in Pleasanton

The 135,000-SQFT Class-A office building, vacant since the credit union relocated to Dublin in 2019, is poised to trade at approximately $144 per...

office building
CommercialFinanceINDUSTRY news

Super Micro Computer Pays $43MM for Two North San Jose Office Buildings Totaling 115,400 SQFT

The all-cash acquisition from Lumentum on Fox Drive extends Supermicro’s presence across three distinct North San Jose hubs as the company ramps up...

Silicon Valley
AECINDUSTRY newsResidential

Tidewater Capital Wins Approval to Replace Sunnyvale Tech Campus with 370-Unit Housing Development

The $65 million office-to-residential conversion joins a growing wave of Bay Area projects as developers pivot from financially unviable workspaces to housing amid...

Workspace Property Trust, Griffin Realty Trust, Mason Capital, J.P. Morgan, Bank of Montreal, Silicon Valley, San Carlos, San Jose, Walnut Creek, CBRE
CommercialINDUSTRY news

SI-BONE Signs 50,000 SQFT Lease at MetLife’s Orchard Commons in North San Jose

The Nasdaq-listed medical device company will relocate from its Santa Clara headquarters under an 8.5-year lease with expansion rights at the six-building campus...

Locked self storage unit.
AECFinanceIndustrialINDUSTRY news

Buchanan Street Partners Breaks Ground on 99,500 SQFT Self-Storage Facility in Scotts Valley

The Newport Beach investment firm acquired the 2.6-acre site for $5.25 million and plans to deliver a 760-unit Class A facility by April...

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FinanceIndustrialINDUSTRY news

Ares Management Acquires Two East Bay Industrial Buildings Totaling 145,800 SQFT for $44.6MM

The deals in Fremont and Hayward signal sustained institutional investor interest in Bay Area industrial assets despite a softening market Global alternative investment...

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