Silicon Valley
Peninsula Land & Capital Acquires 152,300-SQFT Office Complex in San Jose for $25MM
With Silicon Valley office vacancy at a 22.5 percent ceiling and a construction pipeline at a 14-year low, Peninsula Land & Capital’s $25...
Intel Foundry Breaks Ground on 102,000 SQFT EUV Photomask Facility at Santa Clara’s Bowers Campus
Intel has started construction on a three-story mask-making complex at its Bowers Campus in Santa Clara, a compact but strategically loaded project that...
Prologis Pays $14MM for 14-Acre Vacant Industrial Site at 455 Piercy in South San Jose
The world’s largest industrial landlord quietly tripled a South San Jose land bet — buying an entitled but unbuilt 14-acre site for $14...
GM Lands Nearly 340,000 SQFT Palo Alto Campus at Stanford Research Park, Picking Broadcom Site Over Sunnyvale
General Motors has signed a lease for nearly 340,000 square feet at the former Broadcom campus in Palo Alto’s Stanford Research Park, ending...
Pepper Lane Properties Lists 20,000 SQFT Los Gatos Office and Retail Building for $13MM
Pepper Lane Properties has placed a half-vacant, two-story office and retail building on one of Los Gatos’s busiest commercial corridors up for sale...
California Clinches Nation’s No. 2 GDP Growth at 3.7% in First Quarter
California’s economy grew at a 3.7 percent annualized rate in the first quarter of 2026, the second-fastest pace in the country, as a...
Stay Cal Hospitality Opens 51-Room voco Ardez Hotel in Sunnyvale, Silicon Valley’s First voco by IHG
Bay Area operator Stay Cal Hospitality has opened a 51-room, LEED Gold hotel at 1101 Elko Drive in Sunnyvale, planting IHG’s premium voco...
Rubicon Point Partners Acquires 115,000 SQFT Wolfe Square Office Campus Near Apple Park for $53MM in Cupertino
Rubicon Point Partners has snapped up Wolfe Square, a Class A office campus steps from Apple’s headquarters in Cupertino, for roughly $53 million,...
Silicon Valley Office Vacancy Climbs to 22.5% as Construction Pipeline Shrinks to 14-Year Low
Silicon Valley’s commercial construction pipeline collapsed to its smallest level since 2012 in the first quarter of 2026 even as leasing activity rebounded...
Etched AI Lands 80,000 SQFT Milpitas R&D Lease Amid AI Chip Demand
Etched AI’s 80,000-square-foot Milpitas R&D lease drops into a Silicon Valley industrial market where AI hardware companies are chasing 12 million square feet...
Fortinet Pays $15MM for Last Parcels Across from Sunnyvale HQ
With a $15 million cash purchase of the two Commercial Street parcels that Olander Co. had held as the last gap in Fortinet’s...
Lane Partners Files Updated Parkline Master Plan at Former SRI Campus in Menlo Park, Nearly Tripling Housing Acreage
In a sweeping land use reversal driven by post-pandemic office market softness, Lane Partners has refiled its Parkline Master Plan for SRI International’s...
