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Aerial view of Silicon Valley
CommercialFinanceINDUSTRY news

BGO Acquires 377,000 SQFT Rio Tech R&D Campus in San Jose for $164.3MM from Washington Holdings 

The Sun Life Financial affiliate purchased the seven-building campus at a 3.3 percent discount to Washington Holdings’ 2021 acquisition price and a significant...

Avison Young negotiates new, 19,350-sf office lease on behalf of Larkin Street Youth Services in downtown San Francisco
CommercialINDUSTRY newsLeasing

Larkin Street Youth Services Lands 19,350 SQFT Lease at Lighthouse Building at 1155 Market in San Francisco

The 91-month deal at 1155 Market Street relocates the homeless-youth nonprofit from 711 Van Ness, swapping into a Class A asset directly above...

Skyline of San Francisco
CommercialFinanceINDUSTRY newsLeasing

KKR Completes $600MM Refinancing of 750,000 SQFT Mission Bay Complex in San Francisco

The New York-based investment giant replaced its original $600 million acquisition loan on the four-building Icona campus — purchased for $1.08 billion in...

office or apartment building graphic
FeaturedFinanceINDUSTRY newsResidential

California Affordable Housing Group Lists 181-Unit Fruitvale Portfolio for $33.5MM in Oakland

Owner markets four contiguous Foothill Boulevard and 26th Avenue apartment buildings as a single block-scale offering with assumable financing and rent upside. California...

apartment building facade
FinanceINDUSTRY newsResidential

Ballast Pays $48.5MM for 110-Unit “Three Sisters” Portfolio on Van Ness Avenue in San Francisco

The San Francisco-based multifamily operator acquired three historic 1928 apartment buildings from Flynn Investments affiliates and picked up five additional properties across Hayes...

view of the San Francisco Bay from Marin
CommercialFeaturedFinanceINDUSTRY newsLeasingLife Science

Kilroy’s Bay Area Occupancy Drops to 75.2% as Cooley Anchors 251,000 SQFT Redwood City Tower

A 1,160-basis-point year-over-year occupancy slide in the Bay Area, driven by Kilroy Oyster Point Phase 2, lands alongside a substantially pre-leased Peninsula development...

Redwood City
AECCommercialFinanceINDUSTRY newsLeasing

Kilroy and Lane Partners Launch 251,000 SQFT 1900 Broadway Tower in Redwood City With Cooley LLP Anchor Lease

Joint venture transforms a former Wells Fargo branch site purchased by Lane Partners for $25MM in 2021 into a $350MM transit-adjacent office project,...

Sacramento, Anton DevCo, Axis@Davis, EAH Housing, San Rafael, Davis, NextPhase, Anton Building Co., EAH Housing
FinanceINDUSTRY newsResidential

ArtHaus Partners to Acquire 368-Unit Creek at 2645 in Sacramento for $76.5MM, Convert 314 Units to Affordable Housing

The Oakland-based workforce housing firm would use $100 million in 501(c)(3) bonds to purchase and rehabilitate the South Natomas apartment complex, restricting the...

Ghirardelli Square in San Francisco
CommercialFinanceINDUSTRY newsRetail

Miami-Backed Partnership Acquires Ghirardelli Square from Jamestown for Estimated $75MM-$80MM

A Florida-based investor and Denver developer take control of one of San Francisco’s most recognizable waterfront destinations as Bay Area retail fundamentals firm...

WeWork sign on the outside of a building
CommercialFinanceINDUSTRY news

Lone Star Funds Takes Ownership of 600 California Street Tower in San Francisco for ~$360 Per SQFT

The Dallas-based private equity firm acquires the 360,000-SQFT North Financial District office building through foreclosure, marking its first major Bay Area office play....

spencer-demera-PfAS76IpS2E-unsplash-tri-valley pleasanton
CommercialFinanceINDUSTRY news

Workday Sells 60,000 SQFT Pleasanton Office Building for $5.5MM, 73% Below Assessed Value

The human resources software giant unloaded a second campus building in four months at steep discounts as it consolidates operations around the West...

San Francisco skyline
CommercialFinanceINDUSTRY newsLeasing

CIM Group Nears Consensual Foreclosure of 165,000 SQFT San Francisco Tower After Unity Software Departure, $98MM Loan Default

Lenders expect to take ownership of the historic two-building property by the fourth quarter of 2026, marking the second San Francisco office asset...

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