What happened, and who moved.
468 items
showing 361–420 of 468

Prime Residential acquired the 132-unit complex in the Miracle Mile neighborhood for $51.3 million. An LLC tied to Studio City-based Harrison Properties sold the property at 740 South Burnside Avenue, named Palm Court Apartments, for approximately $388,000 per unit. Marcus & Millichap’s Jeff Louks, Gayle Factor and…
Brookfield Properties is asking San Francisco to let it pack roughly 600 additional homes and two extra stories onto its 28-acre Pier 70 waterfront development in Dogpatch, a density play the developer says is the difference between breaking ground and continued paralysis. The post Brookfield Moves to Add 600 Homes…

An out-of-the-spotlight county-seat purchase became the quarter’s clearest signal that price, not prestige, is drawing buyers deeper into the North I-680 Corridor’s office market. Turnbaugh Group has acquired 531-537 Main Street, a 17,600-square-foot office building in downtown Martinez, California, for…
A labor union has purchased its own building in Concord, joining a wave of owner-users reshaping who buys office space in the East Bay. The Public Employees Union has acquired 2520 Stanwell Drive, a 24,602-square-foot office building in Concord, California, in a deal that priced the property at $140 per square…

CBRE Facilitates $8.1 Million Sale of Single-Tenant Industrial Asset SACRAMENTO, Calif. – July 15, 2026 – CBRE facilitated the $8.125 million sale of a 36,000-square-foot, single-tenant industrial property at 2510 Evergreen Avenue in Sacramento, California. CBRE’s Matt Post, Anthony DeLorenzo and Sammy Cemo…

Seven years after Bauen Capital bought a pair of derelict K Street landmarks on the thesis that California state agencies would fill them, the developer is asking Sacramento to let it sell the buildings off one floor at a time — a bet that the downtown office market has more buyers than tenants. An application […]…

Roche is decommissioning the specialized clinical testing laboratory it inherited from its 2015 Ariosa Diagnostics acquisition and moving all 45 employees roughly nine miles north to a purpose-built 11,300-square-foot lab on its Santa Clara campus, a consolidation triggered by a lease expiration and executed…

A restoration franchise operator has paid the highest price per square foot recorded among the quarter’s significant industrial sales to secure a small Concord building for its own use. Servpro, the restoration and cleaning franchise operator, has acquired 2500 Annalisa Dr in Concord, California, a…

The seven-member panel that governs Northern California’s third-busiest container gateway, a 20-mile stretch of Oakland waterfront and a rebounding regional airport has installed a fundraising executive and Oakland resident of two decades at its head, reshuffling its leadership bench as the Port works to reverse a…

Four months after paying nearly $692 million for San Francisco's most recognizable tower, Cyprus-based Yoda PLC has signed more than 113,000 square feet of new office leasing at the Transamerica Pyramid Center and is preparing a wave of spec-suite and amenity investments across the three-building complex. The post…

Self-storage operator StoragePro has purchased a 32,010-square-foot industrial building in Concord, adding to a wave of owner-user acquisitions reshaping the North I-680 corridor. StoragePro has acquired the industrial property at 1970 Olivera Rd in Concord, California, a 32,010-square-foot building that traded at…

LOS ANGELES — Prime Residential has purchased Palm Court Apartments, a 132-unit multifamily property located in the Miracle Mile neighborhood of Los Angeles, for $51.2 million, or $388,258 per unit. Jeff Louis, Gayle Factor and Elliot Sabag of Marcus & Millichap represented the the seller, a private investor, in…

SAN DIEGO — Avison Young has brokered the $8.8 million sale of an industrial property located at 7577 Airway Road in the Otay Mesa submarket of San Diego. An undisclosed buyer acquired the asset from a Miami-based private investor. Situated on 4.2 acres, the 31,488-square-foot industrial property features seven…

BUENA PARK, CALIF. — The Bascom Group has acquired Castlewood Park Apartments in Buena Park for $53.2 million. Brian Eisendrath, Cameron Chalfant, Jesse Zarouk and Jake Vitta of IPA arranged… The post The Bascom Group Buys Castlewood Park in Buena Park, California, for $53.2M appeared first on Multifamily &…

The new owner of one of San Francisco’s most iconic high-rise office towers announced seven new leases totaling 113K SF, including five deals inked since Yoda PLC of Cyprus acquired the Transamerica Pyramid in March. The leases are the first announced...

A wave of upzoning across the San Francisco Peninsula is cracking open some of the region’s most supply‑starved housing markets, prompting multifamily developers to target obsolete office sites in Sunnyvale, San Mateo and Menlo Park for hundreds of...

Air taxi developer Archer Aviation leased a 501K SF technology campus in Morgan Hill, California, south of San Jose. Santa Clara-based Archer Aviation leased the newly built five-building Cochrane Technology Center at 18105-18265 De Paul Drive, The Mercury...

The post California People and Company News, Week of July 17, 2026 appeared first on Connect CRE .
This is a market news report published by Commercial Observer in July 2026 covering retail investment activity in Southern California during the first half of 2026, noting a 62% increase in that period. The report addresses capital markets and retail sector trends with geographic focus on California and national context.
AI server maker’s bet on Prologis-built space highlights how power capacity, not just square footage, is now driving Silicon Valley’s manufacturing real estate boom Quanta Computer Inc. is locking down more ground in the city that has become Silicon Valley’s factory floor for the AI boom, agreeing to lease a nearly…

Health system’s cash purchase closes a decade-long land fight and adds another parcel to its expanding Tri-Valley footprint Sutter Health has picked up a 27-acre parcel at the interchange of Interstate 580 and Hacienda Road in Dublin that spent more than a decade tied up in a failed bid to bring an Ikea superstore…

A drone-boat startup plans to use the Port of Brownsville as its base for a $3.2 billion military contract. Saronic Technologies Inc. was selected over a competitor in the Bay Area of California. The company bills it as a next-generation shipyard for building advanced autonomous vessels. Saronic plans to break…
Pasadena REIT’s exit from aging Greater Stanford campus underscores the depth of the Bay Area’s office repricing An affiliate of San Francisco-based Harvest Properties has closed on two aging office and research buildings in Palo Alto’s Greater Stanford submarket for a price that lays bare how far Bay Area office…

An entity tied to Group i President and Chief Executive Officer Joy Ou has hired Newmark to sell 1301 Folsom Street, a three-story South of Market R&D building leased in its entirety to AI robotics company Medra, testing whether a single credit-thin but capital-rich tenant and unusually heavy electrical…

A sweeping code-cleanup ordinance now before the San Francisco Board of Supervisors would delete ten sections of the Planning Code outright, repeal the Housing Balance monitoring regime and eliminate the periodic review that asks whether the city’s Proposition M office cap should survive at all, consolidating…

Panattoni Development Company has finished construction on Amazon’s newest last-mile delivery station in Redding, California, delivering a 95,000-square-foot facility that caps nearly two decades of the city’s effort to turn a shovel-ready industrial park into a magnet for major employers. The facility, at 5855…

San Francisco office leasing has surged to all-time highs in the first half of 2026, and a Newmark building-by-building analysis argues the market’s real vacancy is closer to 15 percent than the high-20s figure that has defined its post-pandemic reputation. San Francisco’s office market has produced what may be the…
Ensemble Real Estate Investments’ second residential community in Santa Clara’s Clara District has broken into construction, one of the first Bay Area multifamily projects to reach that stage since interest rates spiked between 2023 and 2025, as the developer bets a second time on the neighborhood it is building…

The Bay Area’s technology corridor has emerged as the strongest single-family rental market in the country during the first half of 2026, with San Francisco, San Jose and a string of Peninsula cities posting mid-single-digit rent growth even as nearly half of the 1,099 U.S. markets tracked by Rentometer recorded…

ROHNERT PARK, CALIF. — Slatt Capital has arranged $12 million in acquisition financing for a multi-tenant, 68,094-square-foot office building in Northern California. Located at 5900 State Farm Drive, the property was built in 1973. The Standard, a life insurance company lender, provided the nonrecourse loan, which…

LOS ANGELES — Winstar Properties has purchased The Flat, a 205-unit apartment complex located in the City West neighborhood of Los Angeles. Terms of the transaction were not released. Kevin Green, Joseph Grabiec and Gregory Harris of Institutional Property Advisors, a division of Marcus & Millichap, represented the…

Cox, Castle & Nicholson LLP served as real estate and permitting counsel to IPX Power, LLC on the committed financing for the construction and operation of its Darden renewable energy projects in Fresno County, California. The financing encompasses $4.95 billion of construction debt. It includes a $403-million…

Cushman & Wakefield arranged the sale of a three-building industrial portfolio totaling approximately 667,024 square feet (sf) at Interchange Logistics Center in San Bernardino. Jeff Chiate, Rick Ellison, Matt Leupold and Aubrie Monahan represented both the seller, Cabot Properties, and the buyer, EQT. Terms…

The Fremont Marriott Silicon Valley has changed hands for the first time in more than a decade, giving a Dallas-based hotel REIT working through its own mounting debt problems a fresh infusion of cash and handing a new owner one of the East Bay’s largest full-service hotels just as the city touts its rise as […]…

The Volunteer State is throwing its hat into the ring as a potential new home for Paramount as a legal battle rages over the company's $111B takeover of Warner Bros. Discovery.

The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city’s inclusionary housing requirement from 15 percent to 5 percent and to exempt developments of fewer than 24 units entirely, delivering the market-rate half of a bargain that also sent a $125 million-a-year affordable housing fund to the…

OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, an apartment community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller,…
After a decade with almost nothing to show, San Francisco is set to receive applications for three office-to-residential conversions totaling more than 300 units this month, even as a resurgent tech market drives up building prices and threatens to shrink the supply of properties cheap enough to convert. San…

Upside Foods, the cultivated meat company that raised more than $600 million at a billion-dollar valuation and then cut staff three times in 13 months, has leased 18,505 square feet at 6101 Christie Avenue in Emeryville, a lease that appeared on the Bay Area’s life sciences roster in the same quarter that a nearby…

The space-based solar power startup founded by Robinhood co-founder Baiju Bhatt leased 14,825 square feet at 1710 Industrial Road in San Carlos, then renamed itself Cowboy Space Corporation and raised $275 million at a roughly $2 billion valuation, a sequence that placed a satellite company on the San Francisco Bay…

The residents of Salinas’ 82-space Alisal Country Estates Mobile Home Park have collectively purchased the property for $12 million, converting a rented-land community into one of the region’s first resident-owned parks and shielding dozens of farmworker and fixed-income households from the rent hikes reshaping the…
NEW YORK CITY — San Francisco-based Airbnb has purchased 281 Park Avenue South, an office building in Midtown Manhattan, for $81.5 million, according to reports from multiple news outlets, including The Wall Street Journal (WSJ) and the New York Post. The landmarked, six-story building is known locally as Church…

ISLAND PARK, N.Y. — San Francisco-based intermediary Gantry has arranged an $11.5 million loan for the refinancing of a 740-unit self-storage facility located in the Long Island township of Island Park. Public Storage operates the three-story, climate-controlled facility. Robert Slatt and Alex Poulos of Gantry…

SANDY, UTAH — ARKA Properties Group has purchased a 98,820-square-foot industrial property located on Parkland Drive in the Salt Lake City metro area from a Southern California-based private developer. Lucas Burbank, Jeff Heaton, Kyle Roberts and Kelsie Akiyama of the DRAY Logistics Group at Newmark Mountain West…

OCEANSIDE, CALIF. — CBRE has brokered the $77.5 million sale of Sunterra, a multifamily community located just north of Carlsbad in Southern California. An undisclosed buyer acquired the asset from 29th Street Capital. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the seller,…

A Reichmann family scion just placed one of his biggest bets yet on Union Square’s recovery, closing on a Bulgari-anchored building days after the deal seen as the strongest proof of downtown San Francisco’s retail comeback collapsed. Silver Gate Property II LLC, a Delaware entity affiliated with investor Ian…

San Francisco Mayor Daniel Lurie has elevated Michael Martin from acting chief to permanent executive director of the Port of San Francisco, handing the agency’s 7.5-mile waterfront real estate portfolio to a three-decade government and development veteran at the moment tourism spending is set to break the city’s…

CBRE facilitated the $77.5-million sale of Sunterra, a 240-unit multifamily community located at 3851 Sherbourne Dr. in Oceanside. The firm’s Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas advised the seller, 29th Street Capital. Debt and Structured Finance support was provided by James Flinn and…

Indianapolis-based Milhaus has completed a merger with one Southern California-based multifamily company and has agreed to acquire another. The merger of Milhaus with SRG Residential forms a national, vertically integrated platform focused on developing, owning, and managing apartment communities in more than 20…
The article examines the Fourth & Central project, a 7.6-acre mixed-use development by the Rauch family in downtown Los Angeles that received City Council approval on June 30, 2026, after a five-year process beginning with its 2021 unveiling. The $2 billion project will include 1,589 residential units (with nearly one in seven planned as affordable), office and retail space across 10 buildings, and is expected to signal renewed development momentum downtown while helping to physically connect previously fragmented neighborhoods like Little Tokyo, the Arts District, and Skid Row.

Oakland has rewritten the terms of its landmark Coliseum sale to let the buyer break off the Arena and flip it to a third party, a restructuring that speeds the city’s payout and pushes Irving Azoff’s Oak View Group to the front of the race for the venue where the Warriors once played. The Oakland […] The post…
A citizen-led rent-control initiative backed by Faith in Action Bay Area has qualified for Redwood City’s November ballot, setting up a costly showdown over a 46-page ordinance whose eviction, relocation and fee provisions reach far beyond its headline 5 percent rent cap. Redwood City voters will decide in November…

COLLEGE STATION, TEXAS — A joint venture between Los Angeles-based PCCP LLC and Houston-based The Dinerstein Cos. has acquired two adjacent student housing communities totaling 1,128 beds near the Texas A&M University campus in College Station. The properties — formerly dubbed 2818 Apartments and Parkway Place —…

KYLE, TEXAS — California-based investment firm Haven Housing has acquired Hays Park Apartments, a 309-unit apartment community located south of Austin in Kyle. The garden-style property sits on 14.9 acres and features a mix of one- and two-bedroom units with an average size of 807 square feet. Amenities include a…
A Los Angeles-based matcha cafe chain called Archives of Us has signed a retail lease for 2,400 square feet at 84 Second Avenue in Manhattan's East Village, with an asking rent of $125 per square foot, replacing a tapas restaurant that closed in November 2025. The space was negotiated by Meridian Capital Group on behalf of the landlord Highpoint Property Group and Lee & Associates NYC on behalf of the tenant, with the lease representing the matcha brand's first New York City location.

Caltrans is closing out its $511.1 million Fix 50 corridor overhaul in Sacramento this month, capping a multiyear rebuild that added carpool lanes and resurfaced aging pavement but landed roughly $100 million over budget and about a year behind its original schedule. The California Department of Transportation this…

San Francisco’s planning commission has certified the environmental review required to pursue a public takeover of PG&E’s local electric grid, advancing a $3.4 billion bid that the utility insists it will not entertain. San Francisco moved a step closer to seizing control of its own power lines on Thursday, July…

AppZen, the artificial intelligence company that automates corporate expense auditing, has leased 24,485 square feet at 4655 Great America Parkway in Santa Clara, the region’s second-largest life sciences lease of the quarter despite AppZen having nothing to do with life sciences, in a deal that says something…

The Oakland Roots and Oakland Soul soccer clubs will leave the Oakland Coliseum after the 2026 season, redirecting their search toward a club-controlled stadium at the Port of Oakland’s Howard Terminal or the Coliseum site itself, both of which sit inside a tangle of competing ownership plays. The Oakland Roots…

California's Nov. 3 ballot carries 14 measures on housing bonds, a billionaire tax, CEQA reform and property taxes reshaping real estate. The post California’s 14 November Ballot Measures Put $11.25B Housing Bond, CEQA Reform and Billionaire Tax Before Voters appeared first on The Registry Northern California Real…