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Blackstone’s Perform Properties Buys Nvidia-Leased 134,000 SQFT Sunnyvale R&D Building From PSAI for $94.15MM

Perform Properties, Blackstone Real Estate's operating company, paid $94.15 million for 350 Cobalt Way in Sunnyvale, roughly triple what PSAI Realty Partners paid...

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CommercialFinanceINDUSTRY news

Apple’s 350,000 SQFT Sunnyvale Campus Loan Lands in Special Servicing After $209MM Maturity Default

The $209 million mortgage on TriStar Capital's fully Apple-leased office campus in Sunnyvale has been transferred to special servicing after the borrower failed...

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San Jose Retail Vacancy Set to Fall to 4.4% as Experiential Tenants Fuel Silicon Valley Leasing

Marcus & Millichap's Q3 2026 San Jose retail report finds a market tightening on the strength of pickleball courts, fitness operators and a...

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UC Berkeley and NASA Publish Final Environmental Review for 2.3MM SQFT Berkeley Space Center at Moffett Field

The final environmental review for the Berkeley Space Center reveals the project's maximum footprint has grown to 2.3 million square feet since its...

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CommercialINDUSTRY newsLeasing

Google Nears Deal to Keep Entire 157,000 SQFT Sobrato Building in Mountain View

Google is closing in on a lease for an entire office building near its Mountain View headquarters, reversing earlier expectations that it would...

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OpenAI Scouts Multiple Silicon Valley Campuses as AI Firms Push South of Their San Francisco Base

As it hunts for room to grow, OpenAI has toured a cluster of the region's biggest available office campuses—among them Mountain View's The...

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IndustrialINDUSTRY newsLeasingLife Science

Terreno Realty Secures Early Renewal on 172,000 SQFT Sunnyvale Industrial Portfolio Through 2035

Terreno Realty Corporation has extended the leases on three Moffett Park buildings occupied by a molecular diagnostics company five years ahead of their...

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CommercialINDUSTRY newsLeasing

Humanoid Robotics Maker Apptronik Leases 27,000 SQFT in Sunnyvale’s Peery Park

Apptronik, the Austin-based developer of the Apollo humanoid robot, has leased roughly 27,000 square feet at 640 West California Avenue in Sunnyvale, extending...

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CommercialFinanceINDUSTRY newsLeasing

New York’s Bluerock Pays $330.8MM for HPE’s Former Juniper HQ in Sunnyvale Sale-Leaseback

A New York investment firm has locked up more than two decades of guaranteed rent from one of the world's largest technology companies...

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California’s $17.40 Minimum Wage Arrives in 2027 as Bay Area Floors Already Sit Higher

California's statewide wage floor will climb to a nation-leading $17.40 an hour in 2027, but for Bay Area property owners and their tenants,...

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CommercialFeaturedINDUSTRY newsLeasing

Silicon Valley Office Recovery Deepens in 2Q26 as Vacancy Falls to 15.2% and Leasing Hits Seven-Year High

The Silicon Valley office market posted its seventh straight quarter of positive net absorption in the second quarter of 2026, with vacancy tightening,...

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CommercialFeaturedIndustrialINDUSTRY newsLeasing

Silicon Valley R&D Vacancy Falls to 12.6% in 2Q26 as Nvidia Breaks Ground and AI Hardware Powers Leasing

Silicon Valley's research-and-development market tightened in the second quarter of 2026 as vacancy fell, net absorption improved and a new Nvidia campus broke...

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