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Rendering of building design in San Francisco
AECCommercialINDUSTRY news

San Francisco Recovery Fund Files Formal Plans for 1.5MM SQFT Fifty at First Office Tower, Holds Hotel and Housing Tower in Reserve

The San Francisco Recovery Fund has formally asked city planners to rework the stalled Oceanwide Center approvals at First and Mission streets, trading...

San Francisco skyline with Ferry Building in the forefront
CommercialINDUSTRY newsLeasing

Disney Streaming Signs 76,000 SQFT Lease at One Market Plaza, Handing Rithm and Blackstone a Win Ahead of $850MM Loan Deadline

CBRE's third-quarter deal tally confirms that Disney Streaming Services has signed a 76,000-square-foot new lease at One Market Plaza, turning a June letter...

view of San Francisco from air with Bay Bridge
CommercialFinanceINDUSTRY news

CMBS Investors Take Total Loss on $48MM Loan as 103,000 SQFT of San Francisco’s 1155 Market Sells for $8MM

The $48 million CMBS loan on the lower eight floors of 1155 Market Street has been liquidated with nothing returned to principal, after...

Sacramento skyline
CommercialFeaturedFinanceINDUSTRY newsLeasing

Sacramento Office Vacancy Holds at 11% as Leasing Slows and Asking Rents Slip

Sacramento's office market kept direct vacancy at 11.0 percent in the third quarter despite slightly negative absorption, as state agency consolidation, cautious private...

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...

alexander-mils-xISlt5k2sfs-unsplash-profit money economy
CommercialFeaturedFinanceINDUSTRY news

Institutional Buyers Top 50% of San Francisco Office Sales for First Time Since 2022 as Volume Hits $2.91B

For the first time since 2022, institutional buyers account for more than half of San Francisco's office investment volume this year, according to...

Office buildings
CommercialINDUSTRY newsLeasing

AssetMark Renews 98,000 SQFT Headquarters Lease at 1655 Grant Street in Concord

Wealth management platform AssetMark has renewed its 97,632-square-foot headquarters lease at 1655 Grant Street in downtown Concord, keeping one of the city's largest...

Square office building facade
CommercialINDUSTRY newsLeasing

San Francisco’s SoMa West Office Vacancy Sits at 19%, but Nearly 35% of Its Space Is Up for Lease

SoMa West's 19.1 percent office vacancy sits well below San Francisco's citywide rate, but 34.8 percent of its space is being marketed for...

LinkedIn page on phone
AECCommercialINDUSTRY news

LinkedIn Offers Mountain View $1.6MM to Keep 429,000 SQFT Campus Expansion Alive Until 2034

LinkedIn is asking the Mountain View City Council to extend its development agreement by five years so it can hold on to the...

Aerial View of San Jose, California at Sunrise
CommercialFinanceINDUSTRY news

Archer Aviation-Leased Tech Campus in North San Jose Faces Default on $80MM Loan

The owner of a 287,371-square-foot North San Jose tech campus leased in part to Archer Aviation has defaulted on an $80 million loan...

greg-rosenke-yQ9slR8E5jM-unsplash-construction
AECCommercialHospitalityINDUSTRY newsResidentialRetail

Tanforan Final EIR Released for Up to 1,514 Homes and 1.7MM SQFT of Lab and Office Space in San Bruno

San Bruno released the Final EIR for Alexandria and Strada's Tanforan redevelopment, with up to 1,514 homes and 1.7 million square feet of...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
CommercialINDUSTRY newsLeasing

Sierra Adds 93,000 SQFT in San Francisco’s Mission Bay, Pushing Footprint Near 350,000 SQFT

AI company Sierra leased another 93,000 square feet at 185 Berry in Mission Bay, bringing its footprint in the building close to 350,000...

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