Menlo Park
San Francisco Peninsula Office Market Hits 60,000 SQFT Positive Absorption as Leasing Activity Rebounds in Q1 2026
Rising rents and renewed tenant demand signal early stabilization, even as vacancy climbs to 24.9 percent across the region A year of uneven...
Menlo Park Planning Commission Unanimously Backs Meta’s Three-Story East Campus Atrium
Commissioners voted 7-0 to recommend approval of building height increases and major modifications that would allow Meta to modernize Buildings 10, 12, and...
Silicon Valley Office Leasing Reaches Post-Pandemic High of 3.2MM SQFT as AI and Tech Firms Drive Recovery
Subheading: Technology companies accounted for all 10 of Silicon Valley’s largest Q1 2026 office transactions, led by OpenAI’s 447,000-square-foot lease in Mountain View,...
Calson Management Sells 48-Unit Silicon Valley Memory Care Portfolio to Kalesta Healthcare Group for $24.3MM
Off-market transaction includes Sunnyvale and Menlo Park facilities backed by low-rate HUD financing as investor demand for senior care properties intensifies across the...
Essex Property Trust Doubles Down on Northern California With $830MM Acquisition Spree as AI-Fueled Demand Drives Rent Growth
The apartment REIT deployed more capital into the Bay Area than any other region in 2025, acquiring seven communities as Northern California posted...
Beam Reach Files Plans for Nearly 200-Unit Apartment Building in Menlo Park
Dallas-based developer moves from acquisition to entitlements on a 1.38-acre former industrial site adjacent to Meta’s campus and the Bay Trail Dallas-based Beam...
AI Leasing Surges to Record 954,000 SQFT on the South Peninsula as xAI Anchors Blockbuster Fourth Quarter
Artificial intelligence tenants now account for more than a third of all leasing activity in the submarket, according to a new Newmark report,...
Orrick Leases 56,000 SQFT at IQHQ’s Elco Yards in Redwood City, Leaving Menlo Park Office Park
Law firm relocates to transit-served downtown campus as Peninsula office demand shifts toward walkable cores As Silicon Valley’s office market continues to recalibrate,...
Presidio Bay Ventures Acquires 55,700 SQFT Office at 333 Valencia in San Francisco for $27.5MM via Deed in Lieu of Foreclosure
The Mission District office property traded at approximately $494 per square foot, representing a 54 percent discount from its 2021 asking price of...
Essex Property Trust Posts 4.2% Revenue Growth in Northern California, Leads Company Performance
REIT invests heavily in Silicon Valley and Peninsula markets as supply constraints tighten, Santa Clara County leads with 5.2 percent revenue growth Essex...
Presidio Bay Ventures Unveils Plans for 412,000 SQFT Former USGS Campus with Up to 1,000 Housing Units
Developer Behind Springline Project Proposes Mixed-Use Development Following $137MM Acquisition in Menlo Park Details are emerging about Presidio Bay Ventures’ ambitious plans for...
Bay Area CRE Rising Stars: Development & Construction Rising Star
Next Generation Leaders Shape Bay Area’s Built Environment Through Innovation and Execution The Bay Area’s development and construction sector continues to evolve through...
