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CommercialFinanceINDUSTRY news

Zurich Alternative Asset Management Buys 78,000 SQFT 410 Townsend for $47.4MM in San Francisco

Zurich Alternative Asset Management pays $47.4 million for 410 Townsend, more than double its 2024 sale price.

Rendering of building design
AECINDUSTRY newsResidential

Strada Refiles 395 3rd Street Tower in San Francisco’s SoMa at 45 Stories, 501 Units

The developer’s third redesign in five years adds height and cuts affordable units, using state density bonus law to grow the tower well...

Top view financial district downtown San Francisco from Telegraph Hill
CommercialFinanceINDUSTRY news

Pendulum Property Partners Acquires 747 Front St. for $49MM via Foreclosure in San Francisco’s Jackson Square

Pendulum’s $49 million buy comes in at roughly $600 per square foot, well below the $834 the building fetched in 2019. Orange County-based...

Campbell Water Tower against a blue summer sky. City of Campbell, Northern California.
CommercialFinanceINDUSTRY newsLife Science

Strada Investment Group Buys Campbell’s 267,000 SQFT Vasona Tech Park for $115MM

Strada Investment Group paid roughly $431 per square foot for the Campbell campus, a steep discount to the $551 per square foot Kennedy...

Rendering of sidewalk and building design
AECINDUSTRY newsResidential

DM Development, Thompson Builders Move to Break Ground This Fall on 168-Unit 321 Florida in San Francisco’s Mission

A joint venture of DM Development and Thompson Builders is moving to break ground this fall on 321 Florida, a nine-story, 168-unit apartment...

Skyline of San Francisco with a look down Market Street
CommercialFinanceINDUSTRY news

Pimco Prime Real Estate Lists 383,000 SQFT Office Tower for $250MM in San Francisco

Pimco Prime Real Estate is seeking roughly $653 a square foot for the Docusign-anchored tower, a price that would rank among San Francisco’s...

San Francisco looking up Market Street towards Sutro Tower
CommercialFinanceINDUSTRY news

Strada Investment Group Closes $103MM Purchase of Samsara’s 133,427 SQFT Headquarters in San Francisco

The $771-per-square-foot deal for the fully leased Showplace Square building gives San Francisco’s recovering office market something it has lacked since the pandemic:...

Rendering of an apartment building with a blue sky background
AECINDUSTRY newsResidential

Strada Investment Group Proposes 286-Unit Residential Project at Palo Alto Life Sciences Site

The San Francisco-based developer is invoking state housing laws to replace a 60,000-square-foot lab building near U.S. 101 with apartments and townhomes Strada...

Rendering of Seawall Lot 330 555 Beale
AECFeaturedINDUSTRY newsResidential

Strada Files SB 423 Application for 568-Unit Waterfront Tower at 555 Beale, Testing Prop B Height Limits

Developer trims unit count, locks in ministerial review path with $200MM application as Embarcadero project advances toward 2028 construction start Strada Investment Group...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
CommercialINDUSTRY newsPeople on the Move

Newmark Hires Drew Petersen as San Francisco Market Leader

San Francisco, CA (May 18, 2026) — Newmark today announces that the Company has hired industry veteran Drew Petersen as Executive Vice President...

AECINDUSTRY newsResidential

BGO Files Plans to Swap Palo Alto Office Campus for 62 Townhouses Near the Baylands

The Maryland-based global investment manager is leaning on SB 330 to push a 3.56-acre, 127,660-square-foot townhouse project through Palo Alto’s notoriously slow approval...

Grosvenor, San Francisco, Union Square, Bulgari, 200 Grant, San Jose, Bay Area, CBRE
CommercialINDUSTRY newsLeasingRetail

Billionaire Michael Moritz Eyes 68,000 SQFT Former Barneys Building at 48 Stockton Street for Union Square Hub

Venture investor’s team has toured Union Square in search of iconic address to house Crankstart Foundation and potentially The San Francisco Standard, with...

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2026 Northern California CRE Rising Stars

NorCal rising stars 2026

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