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Prometheus Acquires 93-Unit Bellflower Townhome Community in Sunnyvale from Sack Capital Partners for $55.9MM

Prometheus Real Estate Group paid $55.9 million for a 1960s-era townhome rental community near downtown Sunnyvale, buying it from Sack Capital Partners about...

Silicon Valley
CommercialLeasing

Confidential Tenant Renews and Expands to 79,000 SQFT at 100 Mathilda Place in Downtown Sunnyvale

A confidential tenant renewed and expanded its office footprint to 78,628 square feet at 100 Mathilda Place, the fifth-largest office lease in Silicon...

A picture of the Salesforce Park overlooking the Salesforce Tower and the 181 Fremont buildings.
CommercialFinanceINDUSTRY newsLeasing

BXP Eyes 30%-60% Rent Gains at Salesforce Tower as San Francisco Occupancy Climbs to 81.4%

BXP told investors on its third-quarter call that the first big lease rollovers at Salesforce Tower are pricing well above expiring rents, as...

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CommercialFinanceINDUSTRY newsLeasing

$61.5MM Secured for LBA Realty’s Pinterest-Leased 125,000 SQFT Sunnyvale Office Building

Mesa West Capital has extended $61.5 million in short-term first mortgage debt against 285 Sobrante Way in Sunnyvale, recapitalizing a LEED Gold office...

Silicon Valley
AECCommercialINDUSTRY news

Arista Networks’ 363,000 SQFT Santa Clara Build Stands as Silicon Valley’s Only Office Project Under Construction

Arista Networks' owner-user office building at 5200 Patrick Henry Drive has become the lone office project rising in Silicon Valley, according to Newmark,...

Silicon Valley
CommercialFeaturedINDUSTRY newsResidential

Home Sales Push Santa Clara County Roll to $760.1B as Commercial Appeals Hit $153.6B

Santa Clara County's taxable property base climbed to a record $760.1 billion for 2026-27, a 4.7 percent gain powered by home sales that...

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CommercialFeaturedFinanceINDUSTRY news

Silicon Valley Office Splits in Two as CMBS Delinquency Hits 12.16% and a $208.9MM Local Loan Sours

Even as Silicon Valley's office leasing rebound gathers pace, rising loan distress, a 10-year Treasury above 5.2 percent and tighter lending terms are...

Silicon Valley
CommercialFinanceINDUSTRY news

SFF Realty Partners Buys PCCP’s 234,000 SQFT 2350 Mission College Blvd. in Santa Clara for $40.5MM

SFF Realty Partners picked up PCCP's 13-story office tower at 2350 Mission College Blvd. in Santa Clara for $40.5 million, pairing it with...

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CommercialFeaturedINDUSTRY newsLeasing

Silicon Valley Sublease Space Falls to 1.4MM SQFT, Lowest Since 2016, as Class A Premium Widens to $2.10

The cheap seats in Silicon Valley's office market are nearly gone, and landlords of top-tier buildings are pressing the advantage, with sublease availability...

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CommercialFeaturedFinanceINDUSTRY newsLeasing

Downtown San Jose Office Vacancy Holds Above 27% as Silicon Valley’s Core Submarkets Tighten

While Mountain View-Los Altos, Santa Clara and Sunnyvale-Cupertino each cut office vacancy by more than 200 basis points over the past year, Downtown...

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AECCommercialINDUSTRY news

Sunnyvale Opens First Branch Library, a $29.3MM, 20,000 SQFT Shared-Use Hub in City’s North End

After a six-year run from concept approval to ribbon-cutting and nearly three years of slipped deadlines, Sunnyvale will open the Lakewood Branch Library...

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CommercialFeaturedINDUSTRY newsLeasing

West Coast Office Leasing Surges 51% as Texas Cools, Savills Data Shows

The five California markets Savills tracks leased 15.9 million square feet of office space in the third quarter, up 51 percent from a...

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