Silicon Valley
Bay Area Locks In 21MM SQFT of AI Office Leasing as VC Capital Concentrates
CBRE’s 2026 Tech Gateway report shows San Francisco and Silicon Valley dominating AI demand, with 21 million square feet leased since 2019 and...
Roche Pivots Santa Clara Campus Toward Amenity Space With Twin Office Demolition
The Swiss pharmaceutical giant will raze two single-story buildings on Scott Boulevard and replace them with landscaped open space designed to support its...
Lone Star Funds Wins Bid for Washington Holdings’ Assets in Portfolio Deal, Outbidding Brookfield and Hines
Dallas-based opportunistic investor clinches the Seattle platform’s entire real estate book in one of the largest captive-pension dispositions in recent memory. Lone Star...
Motel-to-Apartments Conversion Planned Along VTA Corridor in North San Jose
A two-phase redevelopment would transform a 58-room roadside hotel into more than 100 residential units near light rail service A north San Jose...
LS Power Breaks Ground on $2B Transmission Expansion to Feed Silicon Valley’s Power-Hungry Growth
The Fremont-anchored Power the Bay initiative will add one gigawatt of capacity as AI, manufacturing and electrification strain the regional grid. LS Power...
San José Lines Up $6.25MM Waiver to Jumpstart Hanover’s 372-Unit Seely Tower
The City Council will weigh tax and fee relief on June 23 for the next phase of a 1,430-unit North San José master...
Transnational Management Buys 88,000 SQFT Kohl’s Site in Gilroy Crossing for $12.6MM
Transnational Management adds a longtime South Bay department store to a national retail buying spree as Farallon and Raider Hill trim their stake...
336-Unit The Fay in San Jose Acquired for $175MM in Post-Foreclosure Bet
A discounted purchase paired with a city-subsidized leasing program aims to rescue a downtown tower that opened to acclaim, then nearly half-emptied. Two...
Mentone, Manresa Bread Land Inaugural Leases at 68,000 SQFT Junction Project in Los Gatos
Michelin-recognized chef David Kinch and James Beard finalist Avery Ruzicka anchor the Spur Building with 7,170 square feet, validating Harmonie Park’s bet on...
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...
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...
All-Cash Buyer Acquires 15-Unit Hawthorne Apartments in Palo Alto for $10.15MM
The downtown Palo Alto multifamily property traded at $676,667 per unit after a months-long marketing process, signaling continued investor appetite for trophy Silicon...
