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CommercialFinanceINDUSTRY newsLeasing

Amazon’s 317,000 SQFT Moffett Towers Lease Steadies Jay Paul’s $770MM Sunnyvale Loan After Google Exit

Amazon’s commitment to fully occupy one of the three towers securing Jay Paul Company’s $770 million Moffett Towers mortgage removes the single largest...

Google sign
CommercialINDUSTRY newsLeasing

Google Renews 2.1 Million SQFT Across Moffett Place and Moffett Gateway in Sunnyvale

A reversal from Google’s 2023 sublease push, the renewal lands as Silicon Valley vacancy hits a Bay Area low and Amazon, OpenAI and...

Amazon logo
CommercialINDUSTRY newsLeasing

Amazon Leases Entire 317,000 SQFT Moffett Towers Building in Sunnyvale, Backfilling a Google Exit

Amazon has committed to the full 317,000-square-foot tower at 1000 Enterprise Way in Jay Paul Co.’s Moffett Towers campus, absorbing space Google spent...

San Francisco houses
AECCommercialPeople on the MoveResidential

San Francisco Downtown Development Corp. Taps Housing-Finance Veteran to Lead Office-to-Housing Conversion Push

The San Francisco Downtown Development Corp. has recruited longtime Enterprise Community Partners director Geeta Rao as its first vice president of real estate,...

Palo Alto Stanford
CommercialFinanceINDUSTRY news

Harvest Properties Buys 485,000 SQFT Palo Alto Office Campus for $163MM, 44% Below 2019 Price

Pasadena REIT’s exit from aging Greater Stanford campus underscores the depth of the Bay Area’s office repricing An affiliate of San Francisco-based Harvest...

office building
CommercialFinanceINDUSTRY newsLeasing

Disney Streaming Services Nears 76,000 SQFT Lease at One Market Plaza, Nearly Doubling Its San Francisco Footprint as Owners Race to Refinance $850MM Loan

As Rithm Capital and Blackstone race to refinance $850 million in debt on One Market Plaza while pouring money into a sweeping amenity...

Executives falling with fire in background
CommercialFinanceIndustry Contributors & EditorialINDUSTRY news

The Art of the Quiet Exit, A Hudson Pacific Story

Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...

Armond Balaian
People on the Move

Suffolk Taps Armond Balaian to Scale Work and Expand New Office in Silicon Valley

Strategic hire strengthens Suffolk’s local leadership as infrastructure needs accelerate across Silicon Valley SAN FRANCISCO – Suffolk, one of the most innovative and...

1215 Bordeaux Drive in Sunnyvale rendering
AECINDUSTRY newsResidential

Beam Reach Clinches Entitlements for 265-Unit Apartment Tower at 1215 Bordeaux Drive in Sunnyvale

Texas-based Beam Reach has won final approval for an eight-story, 265-unit apartment complex at 1215 Bordeaux Drive in Sunnyvale, converting a low-slung Moffett...

Photo of Sunnyvale
AECINDUSTRY newsResidential

Beam Reach Wins Approval for 265-Unit Apartment Tower Replacing Former Google Office in Sunnyvale’s Moffett Park

Dallas-based Beam Reach has cleared a key hurdle in its plan to convert a vacated Google research-and-development building in Sunnyvale into housing, securing...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
CommercialINDUSTRY newsLeasing

Autodesk Walks Away from 109,000 SQFT One Market Plaza Lease in San Francisco

The software firm’s June exit lifts available space at the Rithm- and Blackstone-owned complex above one-third, even as new leasing interest builds and...

Redwood City sign
CommercialFinanceINDUSTRY news

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...

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