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CommercialFinanceINDUSTRY news

Global Net Lease Takes 107,000 SQFT State-Leased Building in Rancho Cordova From Modiv Industrial for $23.61MM

Global Net Lease picked up a 106,592-square-foot Rancho Cordova building leased to California's Office of Emergency Services from Modiv Industrial for $23.61 million...

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FinanceINDUSTRY newsLife Science

Global Net Lease Takes 21,000 SQFT Labcorp Lab at 1031 Bing Street in San Carlos From Modiv Industrial for About $22.7MM

A 20,800-square-foot Labcorp research facility at 1031 Bing Street in San Carlos changed hands from Modiv Industrial to Global Net Lease at roughly...

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CommercialLeasing

Stanford Health Care Renews 35,000 SQFT at 867 American Street in San Carlos as Class A Vacancy Hits 69%

Stanford Health Care has renewed its 35,000-square-foot lease at 867 American Street in San Carlos, keeping a foothold in a small office submarket...

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FeaturedINDUSTRY newsLeasingLife Science

Alexandria Holds 87.1% Bay Area Occupancy Against a 74.7% Market as It Sells Off Non-Campus Buildings

Alexandria Real Estate Equities is running its Bay Area lab portfolio roughly 12 percentage points fuller than the regional market by concentrating on...

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CommercialFinance

Lauri Gillespie Buys 11,000 SQFT R&D Building at 1023 Chestnut Street in Redwood City for About $1.53MM

A 1948-vintage R&D building on Redwood City's Chestnut Street changed hands at $142 per square foot in the third quarter, a fraction of...

Aerial view of San Carlos and Redwood Shores; East Bay and Mount Diablo in the background; houses visible on the hills and close to the shoreline; office buildings built close to downtown San Carlos
FinanceIndustrialINDUSTRY news

Terreno Realty Acquires Five-Building, 80,000 SQFT San Carlos Flex Campus for $29MM

Terreno Realty Corporation has added a 4.1-acre cluster of industrial flex buildings beside Highway 101 in San Carlos to its Bay Area holdings,...

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INDUSTRY newsLeasingLife Science

Natera Leases 16,000 SQFT at 191 Industrial Road in San Carlos, Its Third Peninsula Lease of 2026

Natera has signed for 15,600 square feet at 191 Industrial Road in San Carlos, its third Peninsula lease of 2026, as the Austin-based...

Charles Armstrong School popping out ceremony: Truebeck Construction employees
AEC

Truebeck Tops Out 12,000 SQFT Academic Wing at Charles Armstrong School in Belmont

Truebeck Construction has topped out the new academic wing at Charles Armstrong School in Belmont, pushing the dyslexia-focused private school's long-delayed campus overhaul...

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FinanceINDUSTRY newsLife Science

Alexandria Lines Up Palo Alto and San Carlos Sales After $256MM in Bay Area Write-Downs as Losses Top $2B

Alexandria Real Estate Equities has moved a cluster of vacant Palo Alto offices, a stalled Palo Alto development site and six San Carlos...

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FinanceINDUSTRY newsLeasingLife Science

Alexandria Posts $1.54 FFO and $638.5MM Loss as Bay Area Occupancy Runs 12 Points Above Market

Alexandria Real Estate Equities held its 2026 earnings outlook steady and signed its busiest quarter of leasing in nearly two years, but $637.9...

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CommercialFinanceINDUSTRY newsLeasing

Hudson Pacific Extends $1.1B Hollywood Loan as Bay Area Landlord Leans on Asset Sales to Tame Debt

Hudson Pacific Properties pushed the maturity on its $1.1 billion Hollywood studio loan to late 2027 without paying down a dollar of principal,...

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AECFinanceINDUSTRY newsResidential

SummerHill Apartment Communities Secures $124MM From Fifth Third, CB&T and TruAmerica to Build 251-Unit San Carlos Apartment Project

SHAC has assembled a $123.5 million capital stack to break ground on its largest housing project on the Peninsula, marking TruAmerica Multifamily's debut...

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