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CommercialFinanceINDUSTRY news

Epic Church Enters Agreement to Acquire 40,000 SQFT Historic Union Square Sanctuary in San Francisco for $15MM

The nondenominational congregation is betting on a spiritual revival to match San Francisco’s economic comeback, targeting a 1913 Reid Brothers landmark that has...

Sunlight flares between modern skyscrapers in an urban downtown setting.
CommercialFeaturedFinanceINDUSTRY news

JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom

The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco’s AI-led...

Silicon Valley and Green Hills at Dusk from Monument Peak,
CommercialFinanceINDUSTRY news

Ellis Partners, Baupost Group Buy 637,000 SQFT Great America Commons in Santa Clara for $310MM

A San Francisco–Boston partnership paid 42 percent above the property’s assessed value, a bet that wagers Santa Clara’s office rebound has further to...

columns in a row
CommercialFinanceINDUSTRY news

Presidio Bay Emerges as Buyer for $100MM Nonperforming Loan on Landmark 301 Battery in San Francisco

The San Francisco investor, working with hospitality entrepreneur Phil Spiegel, is in line to take control of the 208,000-square-foot former Federal Reserve Bank...

Rendering of UCSF Bakar Ear & Hearing Institute
AECFeaturedINDUSTRY newsLife Science

UCSF Greenlights 150,000 SQFT Bakar Ear & Hearing Institute, Deepening Mission Bay Bet in San Francisco

The five-story research and clinic building at Fifth and Nelson Rising Lane is slated for late-2026 groundbreaking and 2029 completion, extending UCSF’s run...

Skyline of San Francisco with fog moving from the West
CommercialFinanceINDUSTRY news

Zurich Alternative Asset Management Pays $32.8MM for 54,700 SQFT Jackson Square Office Building in San Francisco

The Swiss insurer’s real estate arm acquired the 54,700-square-foot building at 394 Pacific Avenue from Grosvenor Americas at approximately $600 per square foot,...

industrial warehouse building office facade
CommercialFeaturedFinanceINDUSTRY newsLeasing

AllianceBernstein Lists 154,000 SQFT 2390 Mission College Blvd. in Santa Clara After Taking Title in $46MM Loan Loss

The Wall Street firm’s foreclosure on PCCP’s 2390 Mission College Boulevard now becomes a value-add test case in a Silicon Valley office market...

San Francisco looking up Market Street towards Sutro Tower
CommercialFinanceINDUSTRY newsLeasing

Kairos Lists 193,000 SQFT 550 Kearny in San Francisco as AI Recovery Reignites Value-Add Bets

Irvine investor flips to disposition mode less than two years after seizing the North Financial District tower at a steep loan-purchase discount, betting...

Skyline of San Francisco
CommercialFinanceINDUSTRY newsLeasing

KKR Completes $600MM Refinancing of 750,000 SQFT Mission Bay Complex in San Francisco

The New York-based investment giant replaced its original $600 million acquisition loan on the four-building Icona campus — purchased for $1.08 billion in...

lab generic
AECFeaturedINDUSTRY newsLeasingLife Science

Alexandria Pivots Bay Area Pipeline Toward AI Tenants As Biotech Demand Stalls

Mission Bay flagship advances while REIT signals South San Francisco repositioning amid 30 percent regional vacancy. The San Francisco Bay Area’s life science...

Artificial intelligence graphic
CommercialFeaturedINDUSTRY newsLeasing

Hudson Pacific Rides Bay Area AI Surge to Best Leasing Year Since 2019

The largest public REIT office landlord in the region signed a 20-year deal with San Francisco and posted 2.5 million square feet of...

Microscope looking into a sample
FeaturedINDUSTRY newsLeasingLife Science

Aether Biomachines Leases 11,000 SQFT at Healthpeak’s Edgewater Campus in South San Francisco

The AI-designed protein company takes space at 280 Utah Avenue as venture funding cools and Bay Area life sciences vacancy hits 28.8 percent....

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