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CommercialFeaturedINDUSTRY newsLeasing

San Francisco’s 4.1MM SQFT First Quarter Shatters Three Decades of Leasing Records as AI Rewrites the City’s Office Playbook

Only Q2 2014 posted stronger activity in the past 30 years as vacancy plunges, absorption surges, and sublease inventory evaporates at record pace....

Rendering of office complex design in Santa Clara
AECCommercialINDUSTRY news

Sobrato Pivots 330,000 SQFT Santa Clara Development at 3000 Bowers Avenue From Office to Advanced Manufacturing

The Mountain View-based developer has re-entitled a seven-acre former warehouse site for advanced manufacturing use, with plans to break ground later this year,...

Rocket taking off with stacks of money below it
CommercialFeaturedINDUSTRY news

San Francisco VC Funding Hits $169.34B in Early 2026, Outpacing All of 2025

AI companies capture 50 percent of global venture capital as San Francisco consolidates its position as the undisputed center of the artificial intelligence...

Sunlight flares between modern skyscrapers in an urban downtown setting.
CommercialFeaturedINDUSTRY newsLeasing

AI Giants and Retail Heavyweights Fuel 9.6MM SQFT Demand Surge in San Francisco Office Market

Tech and AI companies drive more than half of tenant activity as Q1 2026 leasing hits second-highest quarterly total in three decades. San...

AMD logo on the CPU fan.
CommercialINDUSTRY newsLeasing

AMD in Talks to Renew and Expand Global Headquarters at Irvine Company’s Santa Clara Square to Approximately 400,000 SQFT

The semiconductor giant is negotiating a deal that would nearly double its footprint at the Pei Cobb Freed-designed campus as record revenue and...

aerial image of Silicon Valley with Apple campus in Cupertino
CommercialFeaturedINDUSTRY newsLeasing

29 Tenants Seeking 100,000 SQFT or More as Silicon Valley Office Demand Reaches 8.6MM SQFT Amid AI-Fueled Recovery

Large-block requirements and a six-quarter vacancy decline are reshaping competitive dynamics across the region’s office market, with AI and technology firms accounting for...

Square office building facade
CommercialINDUSTRY newsLeasing

Everpure Expands and Extends Global Headquarters to 450,000 SQFT at Irvine Company’s Santa Clara Square Through 2040

The newly rebranded data storage and management company deepens its Silicon Valley commitment with a long-term lease extension and headquarters expansion as the...

Photo of Sunnyvale
CommercialINDUSTRY newsLeasing

Databricks Leases Entire 180,000 SQFT Altair Building from PGIM Real Estate in Sunnyvale, Pushing Silicon Valley Footprint Past 635,000 SQFT

The AI platform provider’s latest deal at 100 Altair Way was among the largest office transactions in Silicon Valley during the first quarter...

screen with indices trending down
CommercialFinanceINDUSTRY news

StartupHQ Acquires Historic 100,000 SQFT Sharon Building at 55 New Montgomery in San Francisco for $20MM

The sale at roughly $200 per square foot marks a 69 percent decline from the $64.25 million Swift Real Estate Partners paid in...

Aerial View Of Market Street in San Francisco
CommercialFeaturedINDUSTRY newsLeasing

San Francisco Tenant Office Demand Holds Above 2019 Peak at 7.5MM SQFT as AI Expansion Reshapes the Market

Active requirements remain elevated even after a record quarter of deal-making that saw nine leases exceed 100,000 square feet, with artificial intelligence companies...

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...

Skyline of San Francisco with a look down Market Street
CommercialFinanceINDUSTRY news

Madison Capital Closes $265MM Acquisition of 594,000 SQFT Office Tower at 45 Fremont in San Francisco’s Financial District

New York-based investor finalizes purchase of the 34-story skyscraper near Salesforce Tower at approximately $446 per square foot, completing a debt acquisition strategy...

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