What happened, and who moved.
467 items
showing 1–60 of 467

Sack Capital Partners, a San Francisco-based real estate investment and management firm, and Align Finance Partners have closed structured financing for Step Up Housing’s acquisition of two California multifamily communities: Copper Creek, a 268-unit community in Sacramento; and Terramonte at Foothill, a 138-unit…

CBRE announced it arranged $67.4 million in financing for Forge North First, a mixed-phase industrial/R&D campus and advanced manufacturing development in San Jose’s Golden Triangle submarket. Mike Walker, Brad Zampa, and Andy Gross of CBRE’s Debt & Structured Finance team in San Francisco arranged the five-year…
Beam Reach is proposing a multifamily development converting a former Google building in Sunnyvale into 265 residential units.
Blackstone agreed to acquire the Hyatt Regency Embarcadero in San Francisco for $279 million.
San Francisco's new family zoning plan has enabled initial housing projects to proceed, though construction cost barriers are constraining pipeline momentum.
Harvest Properties and Lone Star have formed a joint venture to recapitalize a 600,000-square-foot office property in California.
Bay Area life-sciences landlords are converting lab space amid inventory surplus, with conversion costs proving significant.
Archer Aviation leased a 501,000 square-foot tech campus near San Jose.
Ellis Partners and Baupost Group acquired a Santa Clara office complex for $310 million.
San Francisco's AI-driven leasing momentum is prompting Oakland landlords to prepare office space in anticipation of tenant spillover from the Bay Area's tight market.
Affordable housing developers in the San Francisco Bay Area are adopting modular and prefabricated construction methods to control project costs.
Public-private partnerships and early-stage developer collaboration are becoming standard practice among student housing developers in the San Francisco Bay Area.
Flow purchased a troubled multifamily high-rise in San Jose for $175 million, marking the company's entry into the West Coast market.
Fortinet acquired approximately 26,000 square feet of space in Sunnyvale to expand its operational footprint.
Bay Area senior housing development pipeline exhibits a split between market-rate and affordable project activity.
Ballast completed a $35M acquisition of a multifamily building in San Francisco.
Prime Residential acquired multifamily assets in San Francisco's Castro District.
Cybersecurity company Illumio signed a 120,000 square foot office lease in Santa Clara and relocated its headquarters from San Francisco.
Prado Group and Presidio Bay completed an exit deal involving San Francisco Centre Mall.
Strada completed the acquisition of Samsara's headquarters building at Showplace Square in San Francisco.

CEDARst Companies has closed on construction financing and launched construction on a 197-unit multifamily development, The Samuel, located at the corner of Adams Avenue and Idaho Street in San Diego’s North Park neighborhood. CrossHarbor Capital Partners provided an $80,000,000 construction loan for the project.…

Santa Clara County’s affordable housing projects funded by local dollars are stuck in a “logjam” struggling to secure other money needed to start construction. While the county has built more than 3,000 affordable homes over the past decade with Measure A, a $950 million bond approved by voters in 2016, 600…

ALAMEDA, CALIF. — Marcus & Millichap has brokered the $5 million sale of a single-tenant retail property located in the Bay Area city of Alameda. Peet’s Coffee & Tea occupies the 3,000-square-foot building on a 10-year lease with annual rent increases. Mark Mason of Marcus & Millichap procured the buyer, a…

LOS ANGELES — Walker & Dunlop has arranged a $33.2 million agency-backed loan for the acquisition of Palm Court Apartments in Los Angeles’ Miracle Mile neighborhood. Bryan Frazier, Blake Hockenbury, Steven Paskover, Sheri Blackburn and Dillon Hoffman of Walker & Dunlop Capital Markets Real Estate Financing secured…

ALAMEDA, CALIF. — Marcus & Millichap has arranged the $5 million sale of a single-tenant retail property located in the Bay Area city of Alameda. Peet’s Coffee & Tea occupies the 3,000-square-foot building on a 10-year lease with annual rent increases. Mark Mason of Marcus & Millichap procured the buyer, a…

An entity tied to Fortress Investment Group has sold the 91-unit apartment building at 520 Geary Street near San Francisco's Union Square to a Burlingame investor for $18.475 million, marking a roughly 50 percent markdown from what the property fetched at the market's 2018 peak. The post Fortress-Tied Owner Sells…
San Jose has launched a formal process to write uniform development standards for data centers and other large energy-use projects, an emerging asset class that already has nine applications pending before the city and could generate as much as $7 million a year per facility in local revenue. The post San Jose…

Milhaus and SRG Residential completed a merger and announced plans to acquire Broadshore Capital Partners.

Rexford Industrial announced plans to divest up to $2 billion in assets this year following a $500 million loss.

Palisades Village retail center is reopening following a $100M rebuilding and recovery effort after a fire.

Los Angeles City Council voted down a proposed ballot measure that would have exempted new housing construction from the city's Uplift LA (ULA) tax.

Kennedy Wilson and Jamison are converting the LA World Trade Center into approximately 4,000 affordable housing units.

Anduril, a defense technology company, has placed its 634,000 sq ft headquarters in Costa Mesa on the market.

Kilroy Realty's Oyster Point development in Southern California has achieved 50% lease occupancy in its second phase amid softer demand for life sciences space.

Lineage was fined for rotting food discovered at a burned cold storage warehouse in Los Angeles and has announced plans to rebuild the facility.

When it comes to fulfilling state and regional housing mandates in Palo Alto, no recent changes to state law can compare to the project that will take over the former site of The Fish Market on El Camino Real. The Acclaim Companies development to come at 3150 El Camino Real boasts 368 apartments, 74 of which... The…

Whitewater Commercial Real Estate, a San Diego-based commercial real estate brokerage specializing in multifamily, arranged the sale of 3013 C St., a value-add complex in Golden Hill. The property sold for $5,337,276. Cole Silverman, Connor Stolle and Carson Trujillo of Whitewater represented the seller, Stephanie…

Stockbridge Capital Group purchased a luxury multifamily property in San Francisco's Potrero Hill neighborhood, marking one of the highest per-unit prices in the local market in recent years.

The Westphal Company has secured $56.1 million in permanent financing for a 354-unit apartment complex in eastern San Diego County. Northmarq arranged the fixed-rate financing through the firm’s Fannie Mae platform. The nonrecourse loan carries a 10-year term with interest-only payments for the full term. Property…
Google’s landlord next door to its own headquarters just swapped lenders on identical terms, locking in continuity on one of North Bayshore’s most closely watched office assets even as the surrounding submarket carries some of Silicon Valley’s highest vacancy. Broadreach Capital Partners has secured a $150 million…

VANCOUVER, WASH. — JLL has provided a $42 million Fannie Mae loan for the refinancing of Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-,…

KEY WEST, FLA. — Sixth Street, a global investment firm based in San Francisco, and partner Riller Capital have acquired Pier House Resort & Spa, a 142-room luxury oceanfront resort located at 1 Duval St. in Key West. Dallas-based Braemar Hotels & Resorts sold the property to the partnership for $190 million.…

SAN DIEGO — PMB and Pillar Properties will develop a new 224-unit senior living community at San Diego State University. Dubbed SDSU Mission Valley, the project will total 295,000 square feet across seven stories and will feature independent and assisted living units, as well as 26 memory care residences. Amenities…

ENCINITAS, CALIF. — RPG has acquired a 4,939-square-foot multi-tenant retail property located in Encinitas, roughly 25 miles north of downtown San Diego. The building was fully leased at the time of sale to five tenants including three retail shops and two restaurants. The seller and terms of the transaction were…

VANCOUVER, WASH. — JLL has arranged a $42 million Fannie Mae loan for refinancing for Portola Bridge Creek, a 270-unit, garden-style community in Vancouver. The borrower was Irvine, California-based SB Real Estate Partners, which has owned the property since 2022. Built in 1989, Portola Bridge Creek offers one-,…
A scaled-back version of Urban Catalyst’s long-planned Icon/Echo development in the city’s Civic Center neighborhood was approved during a San Jose Planning Director meeting on Aug. 12, clearing the way for 645 apartments across two eight-story buildings on a site the developer spent four years assembling parcel by…
A data center company has taken over an entire Santa Clara research-and-development building, adding to the intense competition for space in a city that has become ground zero for the Bay Area’s data center and AI infrastructure expansion. ECL has leased the full 75,810-square-foot building at 2175 Mission College…

Rockpoint and Oppidan appear to have scrapped a long-dormant plan for a manufacturing building at 865 Embedded Way in favor of an 18-megawatt data center, betting that proximity to PG&E’s expanded Santa Teresa substation outweighs whatever the site was worth for industrial use. A 10-acre parcel that sat idle for…

Sacramento’s industrial developers are betting big on scale even as the broader market works through a supply hangover, with Buzz Oates now marketing the largest speculative building underway in the region’s most established logistics park. Titan Logistics Center, a 558,134-square-foot Class A industrial building…

PORTLAND, ORE. — JLL has arranged a $40.5 million refinancing loan for The Payton, a 162-unit Class A property in Portland’s Lloyd District area. San Diego-based ColRich is the borrower/owner.… The post ColRich Secures $40.5M Refinancing for Luxury Pacific Northwest Property appeared first on Multifamily &…

Gov. Gavin Newsom announced nearly $239 million in construction-gap funding for 20 affordable multifamily developments across California. The projects underwent a streamlined approval process to keep development on track and cut red tape, according to the governor’s office. With project costs totaling more than…

SAN DIEGO — PMB and Pillar Properties will develop a new senior living community at San Diego State University. Dubbed SDSU Mission Valley, the project will total 295,000 square feet across… The post PMB, Pillar Properties to Develop 295,000 SF Community at San Diego State University appeared first on Seniors…
A century-old Bay Area family business known for supplying stone and brick just sold one of its Silicon Valley real estate holdings for $450 a square foot, pricing that lands closer to the market’s trophy office towers than to comparable Class B buildings. A Silicon Valley office building tied to one of the Bay…

Stockbridge's $767,000-per-unit purchase of Alta Potrero is the clearest signal yet that institutional buyers will pay a steep premium for newly built rental housing steps from San Francisco's booming AI employers. The post Stockbridge Pays $132MM for 172-Unit Alta Potrero in San Francisco’s Potrero Hill appeared…

The robotics startup, backed by Nvidia and Microsoft, is abandoning a cramped 10,000-square-foot Mission District office for six times the space in Burlingame's North Rollins industrial corridor, betting that proximity to Silicon Valley's data-center supply chain will fuel a hiring surge. The post Bright Machines…
Behring looks to turn vacant site back into live data center

A New York-based investor has acquired The Wilson, the 68-unit adaptive-reuse apartment building at 973 Market Street, from Raintree Partners for $19 million, adding one of the Market Street corridor's most distinctive historic conversions to its holdings. The post Raintree Partners Sells Historic 68-Unit Wilson…

TikTok's move to end hybrid work for most U.S. employees in September will send its Mountain View and San Jose staff back to their desks full time, adding a jolt of demand to a Silicon Valley office market already on the mend. The post TikTok Mandates Five-Day Office Return, Refilling Its Silicon Valley Desks…

CHULA VISTA, CALIF. — JLL Capital Markets has arranged the $30.4 million sale of Terra Nova Plaza, a retail center in the San Diego Bay city of Chula Vista. A global investment manager sold the asset to an undisclosed buyer. Located at 390 H St., Terra Nova Plaza features 96,114 square feet of fully occupied retail…
A metal additive manufacturing company has secured a sizable Fremont research-and-development footprint, joining a roster of advanced-manufacturing tenants that drove Silicon Valley’s R&D leasing during the second quarter. Velo3D has signed a direct lease for 81,394 square feet at 2710 Lakeview Court in Fremont’s…