Silicon Valley Money Sinks Prop 40 Billionaire Tax as San Francisco Votes Yes and Peninsula Says No
The Associated Press called Proposition 40 defeated on Nov. 9, ending a one-time 5 percent tax on California billionaires' net worth after a...
Hudson Pacific Claims Full Coverage on Rincon Center’s 163,000 SQFT Salesforce-Twilio Roll in San Francisco
Hudson Pacific Properties told investors on its third-quarter call that it is in late-stage talks covering all of the Salesforce and Twilio space...
Vander Capital Partners Buys Google-Leased 51,000 SQFT 40 Jessie Lab Building in San Francisco for $27.8MM With $20.45MM Valley Bank Loan
Vander Capital Partners has acquired 40 Jessie St., the six-story South Financial District lab building leased to Google through 2030, financing the purchase...
Twilio to Move San Francisco HQ to 27,000 SQFT at 425 Market Street, Cutting Footprint by Two-Thirds
The remote-first software company will leave its 83,000-square-foot space at Rincon Center for a single floor at MetLife’s Financial District tower, about 10...
Mountain View Splits: Office Rents Hit Silicon Valley-High $7.86 as R&D Asking Rents Fall 8.4%
Mountain View's office market cut its available space in half over the past year and now commands Silicon Valley's highest asking rents, while...
Thermal Battery Maker Antora Energy Lands Prologis’ 294,000 SQFT Milpitas Building Sought by Tech Rivals
Antora Energy, the San Jose thermal battery maker flush with a $550 million Series C, has leased Prologis’ newly completed 294,000-square-foot advanced manufacturing...
Data Centers’ Thirst for Water and Power Is Rewriting the Rules of Site Selection
A new First American analysis translates data centers' resource demands into familiar terms, from 27 days of New York City's water supply to...
San Jose Sharks Buy 23,000 SQFT Office Building at 450 W. Santa Clara St. Near SAP Center for About $10MM
The San Jose Sharks paid about $10 million, or $439 per square foot, for a 22,800-square-foot office building at 450 W. Santa Clara...
Did You Know? Tenants Seeking 100,000+ SQFT in San Francisco Have More Than Doubled Since Q2 2025
The number of companies hunting for 100,000 square feet or more of office space in San Francisco has more than doubled since the...
Google Prepays $150MM for PG&E Grid Link to 250MW Building at Meadow Point Campus in North San Jose
Google has agreed to hand PG&E $150 million up front to wire a 250-megawatt building now rising at its Meadow Point campus in...
Skyline Construction Taps Google and Qualcomm Campus Builder Steve Dunne to Lead Northern California Growth
Employee-owned general contractor Skyline Construction has brought veteran Silicon Valley builder Steve Dunne aboard as senior project executive, adding nearly four decades of...
Blackstone Doubles Down on AI-Fueled San Francisco as Q3 Real Estate Marks Slip 3.2%
Blackstone's third-quarter results showed rising interest rates eroding values in its opportunistic real estate funds, yet the only U.S. property acquisition the firm...
