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Coworking Industry Report Q4 2023 Analysis
CommercialFeaturedINDUSTRY newsLeasing

East Bay Leads Nation in New Coworking Locations as San Francisco Adds 130,000 SQFT of Flex Space

Oakland and the East Bay opened more coworking locations than any other U.S. market in the third quarter while San Francisco posted an...

WeWork sign on the outside of a building
CommercialFeaturedINDUSTRY newsLeasing

WeWork Report: San Francisco Members Up 8%, Enterprises Up 11% as AI Fuels Flex Demand

WeWork's mid-year analysis of its global membership found San Francisco added member companies faster than any other major market in its network, with...

Oakland skyline
CommercialFinanceINDUSTRY news

Swift Real Estate Defaults on $194MM Loan Tied to 572,000 SQFT 1111 Broadway Tower in Oakland

A notice of default on the 24-story Class A tower lets Brookfield’s lending affiliate choose between a workout and a takeover, in a...

Aerial of the San Francisco Bay
CommercialFinanceINDUSTRY newsLeasing

Diamond’s Snowflake- and WeWork-Leased 306,000 SQFT Concar Campus Still on the Market in San Mateo, Seven Years After $320MM Buy

The fully leased, 2017-vintage office campus beside San Mateo's Hayward Park Caltrain station has been on offer since early summer, putting a price...

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CommercialFeaturedINDUSTRY newsLeasing

AI Boom Pushes Bay Area Business AI Use to 31% as San Francisco Office Vacancy Falls

The San Francisco metro now posts the highest business AI-adoption rate of any large U.S. metro the Census Bureau tracks, and the same...

San Francisco skyline
CommercialFinanceINDUSTRY news

Seven Equity Group Buys WeWork-Vacated Office in San Francisco Out of Receivership for $6.75MM

Seven Equity Group, a Manhattan-based investor that has quietly accumulated a distressed-office portfolio along San Francisco's Taylor Street and Market Street corridors, paid...

WeWork sign on the outside of a building
CommercialFinanceINDUSTRY newsLeasing

Harvest Properties, Lone Star Recapitalize 360,000 SQFT 600 California Tower in San Francisco

A coordinated foreclosure-and-joint-venture play hands the long-troubled Financial District trophy to fresh sponsorship as the city's top-tier office market stirs back to life....

WeWork sign on the outside of a building
CommercialFinanceINDUSTRY news

Lone Star Funds Takes Ownership of 600 California Street Tower in San Francisco for ~$360 Per SQFT

The Dallas-based private equity firm acquires the 360,000-SQFT North Financial District office building through foreclosure, marking its first major Bay Area office play....

WeWork sign on the outside of a building
CommercialFinanceINDUSTRY news

Lone Star Funds Takes Ownership of 360,000 SQFT Office Tower in San Francisco After Foreclosure Auction Draws No Bidders

The Dallas-based private equity firm acquired the debt from Goldman Sachs for $130 million in January and took ownership through a credit bid...

Aerial view of residential Foster City, CA
CommercialINDUSTRY newsLeasing

Industrious Leases 23,000 SQFT at Foster City’s Metro Center as Bay Area Coworking Push Accelerates

The CBRE-owned coworking operator's fourth Bay Area location in a year targets Peninsula workers who relocated during the pandemic and have resisted commuting...

office building
CommercialFinanceINDUSTRY newsLeasing

Flux Leases 38,000 SQFT in San Francisco, Reviving Long-Vacant SoMa Office Building

AI hardware startup takes majority of building that had been empty since WeWork's 2021 departure Flux, a San Francisco-based artificial intelligence startup, has...

skyline of San Francisco
CommercialFinanceINDUSTRY news

Rialto Capital Pursues Foreclosure on 35,000 SQFT Mixed-Use Building at 580 Market in San Francisco After $15.7MM Loan Default

Special servicer targets early Q3 2026 completion after Paragon Co. affiliate defaulted on $15.7 million CMBS loan that matured in June 2025, as...

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