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Cables of servers in a data center
FeaturedIndustrialINDUSTRY newsLeasing

Prologis Bets on Bay Area Data Center Supply Chain as Regional Portfolio Holds 95.9% Occupancy

Prologis' third-quarter results show its Bay Area and Central Valley warehouses running near full while the company pushes deeper into data centers in...

battery graphic
IndustrialINDUSTRY newsLeasing

Zeno Power Leases Vallecitos Hot Cells for Nuclear Battery Plant as NorthStar Decommissions 1,600-Acre Sunol Campus

Zeno Power has leased the shielded hot cell complex at the Vallecitos Nuclear Center in Sunol to build nuclear batteries for defense and...

victor-y8OXJqJ063w-unsplash-warehouse industrial
FinanceIndustrialINDUSTRY newsLeasing

Lincoln Property, New York Life Pay $37.5MM for 150,000 SQFT Hayward Warehouse

A 1977 Hayward warehouse that PPF Industrial bought for $14.3 million in 2016 has sold for $37.5 million to a Lincoln Property and...

industrial warehouse building office facade
IndustrialINDUSTRY news

Lam Research Opens 470,000 SQFT Livermore Logistics Hub, Its Largest U.S. Warehouse

Lam Research's 10-acre, single-roof hub will serve its nearby Livermore factory and Fremont labs, adds more than 200 jobs by 2027, and opens...

San Francisco skyline
AECCommercialINDUSTRY newsLeasing

Pacific Cornerstone Brings 280,000 SQFT Piers 38 & 40 Waterfront Redevelopment to Market for Long-Term Lease in San Francisco

Two historic Embarcadero warehouse piers slated for a full renovation are being offered for long-term lease to major credit tenants, positioning up to...

facade of an industrial property
IndustrialINDUSTRY newsLeasing

Alexander’s Mobility Services Extends 102,000 SQFT Warehouse Lease at Terreno’s 3528 Arden Road in Hayward

Alexander's Mobility Services has extended its lease on a roughly 101,805-square-foot freestanding distribution building at 3528 Arden Road in Hayward, keeping the Atlas...

San Francisco business district buildings
CommercialFinanceINDUSTRY news

Madison Capital & PGIM Close $95MM Acquisition of 360,000 SQFT 123 Mission in San Francisco, Completing Turnaround of Former Juul Tower

The deal prices the 29-story South Financial District office tower at roughly $264 per square foot — a 76 percent discount from Juul...

Sign in Fresno California
FinanceIndustrialINDUSTRY news

EastGroup Properties Sells 398,100 SQFT Shaw Commerce Center in Fresno for $37MM to Graceada Partners

The sale marks EastGroup’s full exit from the Fresno market as the REIT recycles capital into higher-growth Sun Belt markets, while the Modesto-based...

Transamerica building in San Francisco
CommercialFinanceINDUSTRY news

German Lawyers’ Pension Fund Records $67MM (€57.9MM) Write-Down on 750,000 SQFT Transamerica Pyramid as BVK Exits San Francisco Landmark at ~$700MM

Hessen retirement scheme absorbs full loss on preferred equity tranche after post-pandemic office downturn and a costly renovation erode value of San Francisco's...

Transamerica building in San Francisco
CommercialFinanceINDUSTRY news

Yoda Plc to Pay ~$700MM for 750,000 SQFT Transamerica Pyramid Center, San Francisco’s Largest Office Trade Since 2021

The deal values the iconic Financial District complex at approximately $933 per square foot, representing a significant loss for the selling venture that...

Transamerica Pyramid in San Francisco
CommercialFinanceINDUSTRY news

Yoda Plc Reaches Deal to Acquire San Francisco’s Iconic 500,000 SQFT Transamerica Pyramid from SHVO-Led Investor Group

Cyprus-based investment conglomerate strikes deal for the landmark 48-story skyscraper after months of tensions between developer Michael Shvo and German pension fund Bayerische...

Union Square in San Francisco
CommercialFinanceINDUSTRY newsRetail

Aronson Family Trust Lists 47,000 SQFT Union Square Office and Retail Building at 100 Post Street in San Francisco

The mixed-use property at the convergence of the North Financial District and Union Square offers a flagship opportunity as the San Francisco office...

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