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Aerial of the San Francisco Bay
CommercialINDUSTRY newsLeasing

Fireworks AI to Lease 105,000 SQFT at Former Snowflake HQ in San Mateo, Expanding Nearly Fivefold

The former Medallia and Snowflake headquarters at 400|450 Concar gets a new anchor as AI firms account for roughly 39 percent of active...

San Francisco skyline
CommercialFeaturedINDUSTRY newsLeasing

Brannan Street Becomes San Francisco’s Big-Deal Hub as SOMA Leads Q3 With 484,000 SQFT Absorbed

With three of the third quarter's six leases of 100,000 square feet or more landing in South of Market, San Francisco's biggest office...

Mission Bay Aerial View of Stadium and Skyline
CommercialFeaturedINDUSTRY newsLeasing

Mission Bay Office Asking Rents Hit Record $130.90 Per SQFT as SOMA Rates Jump 32% Year Over Year

San Francisco office landlords are pricing their remaining large blocks like a seller's market again, driving Mission Bay/China Basin asking rents to a...

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AECCommercialINDUSTRY newsResidentialRetail

Santa Clara Opens Developer Hunt for 4.8-Acre Downtown Site Slated for 300+ Homes, Food Hall and Revived Theater

Santa Clara has released a two-phase Request for Proposals (RFP) seeking a developer to ground lease 4.83 acres of City-owned land at 900...

Aerial view of south San Francisco bay area, Milpitas, California
CommercialFinanceINDUSTRY news

Morgan Stanley Real Estate Investing Buys KLA-Leased 189,000 SQFT Milpitas R&D Building for $84.1MM

All-Cash Buyer Pays $444 per SQFT, Well Above the Silicon Valley R&D Average, for KLA’s Milpitas Data Center Hub A fund managed by...

Silicon Valley
CommercialFinanceINDUSTRY news

Blackstone’s Perform Properties Buys Nvidia-Leased 134,000 SQFT Sunnyvale R&D Building From PSAI for $94.15MM

Perform Properties, Blackstone Real Estate's operating company, paid $94.15 million for 350 Cobalt Way in Sunnyvale, roughly triple what PSAI Realty Partners paid...

Flex Report, Scoop Technologies, Tesla, J.P. Morgan Chase, Apple, Disney
CommercialFeaturedINDUSTRY newsLeasing

San Jose Logs Nation’s Largest Weekly Office Occupancy Gain but Still Ranks Ninth of 10 Metros

San Jose posted the largest single-week occupancy gain of any major U.S. office market yet still ranked second-to-last in Kastle Systems' badge-swipe index,...

Silicon Valley
CommercialFinanceINDUSTRY news

TMG, Grove and Lone Star Acquire 2.2MM SQFT Silicon Valley R&D Portfolio for Under $650MM

TMG and Grove step in as operating partners on a 140-acre, six-campus R&D platform even as vacancy climbs and per-square-foot pricing lags well...

Sawtooth roof of a building
FinanceIndustrialINDUSTRY news

Wistron Moves to Buy Three Fremont Buildings for ~$120MM as Blackstone Affiliate Exits Warm Springs

An entity affiliated with Blackstone is preparing to hand three early-1980s Warm Springs Boulevard buildings to Nvidia supplier Wistron Corp., a pending transaction...

industrial warehouse building office facade
CommercialFinanceINDUSTRY newsLeasing

SFF Realty Partners Buys AllianceBernstein’s 154,000 SQFT 2390 Mission College Blvd. in Santa Clara for $44.25MM

The 153,549-square-foot Class A tower that AllianceBernstein seized from PCCP in a 2025 foreclosure has traded for $44.25 million, roughly doubling the lender's...

Aerial View of San Jose, California at Sunrise
AECFinanceINDUSTRY newsResidential

Rockpoint and Holland Partner Group Launch 311-Unit Stevens Creek Apartment Community in West San Jose

A Boston-based private equity firm and one of the West's most active apartment developers have teamed up to add hundreds of rental units...

Silicon Valley
CommercialFinanceINDUSTRY news

Miramar Capital Secures $16.5MM Cash-Out Refi for 99,300 SQFT Santa Clara Office

Priority Capital Advisory canvassed 101 lenders to land a $16.5 million non-recourse refinance for Miramar Capital's Santa Clara office building, a deal that...

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