Peninsula
MidPen Housing’s Midway Village Expansion in Daly City Continues with $162.9MM Wells Fargo Financing for Phase II
Wells Fargo has provided $162.9 million in financing for Phase II of Midway Village, an affordable housing development in Daly City, California by...
Essex Sells Majority Stake in 697-Unit San Mateo Community in $252MM Deal; Asset to Be Converted to Affordable Housing
In a Securities and Trade Commission filing this week, Essex Property Trust confirmed an apartment sale that promises to transform affordable housing in...
71,000 SQFT Parallel on Fourth in San Mateo Awarded to Buyer at ~$86MM
In a significant transaction in the Bay Area commercial real estate market, the Parallel on Fourth property, a Class A trophy asset located...
JP Morgan Lists Fully Leased 258,000 SQFT Park Place At Bay Meadows for $175MM
JP Morgan has listed Park Place At Bay Meadows for sale, a potentially significant transaction for the Peninsula commercial real estate market. This...
Chan Zuckerberg Imaging Secures 226,000 SQFT Lease at IQHQ’s Elco Yards in Redwood City
In a significant boost for the Peninsula’s biotech sector, the Chan Zuckerberg Institute for Advanced Biological Imaging has finalized a major lease at...
San Francisco Peninsula Industrial and R&D Markets Show Stability and Recovery Trends
San Francisco Peninsula’s industrial and R&D markets demonstrated signs of stabilization and recovery in Q4 2024, according to CBRE’s latest reports. The industrial...
San Francisco Peninsula Office Market Faces Continued Headwinds, but Class A Properties Remain Resilient
The San Francisco Peninsula office market closed the fourth quarter of 2024 with mounting challenges, reflecting adjustments to evolving workplace trends and broader...
507 Bush Street in San Francisco Hits the Market for $15MM
San Francisco’s bustling Financial District has long been a focal point for both residents and tourists alike, and now, a piece of this...
Vacancy Rates Soar for Bay Area Retail Centers Amid E-commerce Growth
In the latest analysis of the San Francisco Bay Area’s commercial real estate landscape, John Cumbelich & Associates’ Q3 2024 report paints a...
Peninsula Office Market Sees Positive Net Absorption for the First Time in Seven Quarters
The Peninsula office market displayed signs of stabilization in the third quarter of 2024, with improved vacancy rates and positive absorption numbers, according...
Fully Leased Foster Square Retail Property in Foster City Now Available for $22.6MM
Cushman & Wakefield is offering an exciting opportunity to acquire Foster Square Retail, a premium multi-tenant property located in Foster City, for $22.6...
Millbrae Approves AMG’s and Pacific Cos.’s 97-Unit Affordable Housing Development at 1301 Broadway
The City of Millbrae has greenlit the construction of a significant new affordable housing project at 1301 Broadway. This development, a collaboration between...
