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CommercialFinanceINDUSTRY newsLeasing

Flux Leases 38,000 SQFT in San Francisco, Reviving Long-Vacant SoMa Office Building

AI hardware startup takes majority of building that had been empty since WeWork's 2021 departure Flux, a San Francisco-based artificial intelligence startup, has...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
CommercialFinanceINDUSTRY news

Axonic Capital Provides $50MM Refinancing to Clint Reilly Cos. for 245,000 SQFT Merchants Exchange Building in San Francisco

New York-based debt fund backs historic Financial District office asset as AI-driven leasing recovery bolsters lender confidence in gateway markets Axonic Capital has...

Aerial View of San Jose, California at Sunrise
CommercialFinanceINDUSTRY newsLife Science

South Bay Development Takes Ownership of 456,000 SQFT Life Science Campus in San Jose Through Foreclosure

The seven-building North San Jose office park, acquired by PCCP and Blue Rise Ventures for $144.5 million in 2018 and repositioned as a...

Photo of Sunnyvale
CommercialFinanceINDUSTRY newsLeasing

Pinterest Signs Long-Term Lease for 125,000 SQFT Sunnyvale Office Building

The visual search company is moving from subleased space in Palo Alto to the Central Station building at 285 Sobrante Way, acquired last...

industrial warehouse building office facade
FinanceIndustrialINDUSTRY news

Morgan Stanley Lists 150,000 SQFT Hayward Warehouse Leased to Outform Group for Sale

The six-acre industrial property along the I-880 corridor, acquired by the joint venture in 2016 for $14.3 million, is fully leased to a...

university auditorium
CommercialINDUSTRY news

San Francisco Bay University Leases 4,000 SQFT San Jose Space for First “Neighborhood Campus”

The Fremont-based institution is adopting a satellite model to bring classes and mentorship closer to students across Silicon Valley, with Oakland on deck...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
CommercialFeaturedINDUSTRY news

Databricks Expands to 240,000 SQFT at One Sansome as AI-Fueled Leasing Drives Record Absorption in Downtown San Francisco

The data and AI company adds 90,000 square feet to its Financial District headquarters roughly one year after committing to the tower, as...

facade of an industrial property
CommercialIndustrialINDUSTRY news

OpenAI Reaches Agreement for 202,000 SQFT Lease at Brookfield’s Portside Commerce Center in Richmond

Industry sources indicate the AI giant, Brookfield Properties, and the City of Richmond have struck a deal for the high-power waterfront industrial facility...

Ship approaching a port
FeaturedFinanceIndustrialINDUSTRY news

Sagard Real Estate and La Caisse Target California’s Port-Adjacent IOS Market in $360MM Joint Venture

The two Montreal-based institutions are betting that strained supply chains and dwindling zoned land will keep industrial outdoor storage near the state's busiest...

Barges and Bridges in Oakland Inner Harbor Channel
CommercialFinanceINDUSTRY news

DRA Advisors, Blue Rise Ventures List 135,000 SQFT Office and Medical Portfolio at Alameda’s Research Park @ Marina Village

The unpriced offering of three standalone buildings along the Oakland Estuary comes as Alameda dramatically outperforms broader East Bay office vacancy benchmarks. A...

Skyline of San Francisco
CommercialINDUSTRY news

Perplexity AI Completes 81,000 SQFT Sublease at 181 Fremont Street, Taking Over Former Meta Offices in San Francisco

The $21 billion AI search startup's move into the premier Financial District South tower highlights the accelerating transfer of office space from Big...

Healthpeak Properties, Physicians Realty Trust
CommercialFinanceINDUSTRY news

John Muir Health Increases San Ramon Footprint to 100,000 SQFT with Lease Expansion at Bishop Ranch

The health system's latest expansion at the Bishop Ranch Medical Campus comes as the sprawling office park tears down buildings to make way...

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