The industry's own research.
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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…
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…
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…
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…

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…
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…

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…

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…
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…

Illustrating the strong demand among artificial intelligence hardware companies for Silicon Valley manufacturing space even before it’s built, a unit of Taiwan-based MiTAC Holdings Corp. has committed to the second phase of the new Campus at Bayside, a nearly 470,000-square-foot development in Fremont, reported the…
Fresh off its first billion-dollar quarter, the San Jose fuel-cell maker is moving to expand its Fremont manufacturing base — reportedly through a Prologis-owned building on Encyclopedia Circle — as hyperscalers race for on-site power the grid cannot deliver fast enough. The post Bloom Energy Eyes 159,000 SQFT…
Jeff Bezos’ stealth AI startup has landed in West Oakland just as East Bay industrial landlords report renewed demand from the exact category of tenant the submarket has been courting: technology and advanced manufacturing users spilling north from Silicon Valley. A West Oakland manufacturing campus that has spent…

CBRE has arranged a 7,000‑square‑foot retail lease for Vietnamese beauty retailer Hasaki at Cudahy Plaza in Cudahy, marking the brand’s first U.S. store. Hai T. Dang with CBRE’s San Jose office represented the tenant. The landlord is Excel Realty Partners, LP. Cudahy Plaza, located at 7903–8017 South Atlantic…

An East Side school district is moving forward on its efforts to provide affordable housing for teachers and other employees. Alum Rock Union School District’s $71.5 million bond known as Measure S is materializing five years after voters approved it to fund workforce housing and other capital improvements. Since…
Federal Realty Investment Trust told analysts its Lot 12 residential project at San Jose's Santana Row remains on time and on budget for a late 2027 delivery, part of an 800-unit densification effort the trust showcased at its June Investor Day at the Silicon Valley flagship. The post Federal Realty Advances…

Wholesale tile distributor MIR Mosaic is trading its longtime San Jose base for a larger building at Morgan Hill's Butterfield 5 industrial park, joining a wave of manufacturers and advanced-technology tenants staking out room to grow at the southern edge of Silicon Valley. The post MIR Mosaic Relocates…
Six years after San Jose blessed one of its most ambitious suburban makeovers, the owner of Cambrian Park Plaza is asking the city for more time and a smaller first bite, conceding that the fully approved plan does not pencil out in today’s market. Kimco Realty, which inherited the 17-acre Cambrian Park Plaza site…

As San Jose begins to create standards for building data centers, residents, advocates and researchers warn the city needs to develop robust safeguards for community health before approving any new projects. San Jose is kickstarting its community engagement process this month through September, gathering input on…

Silicon Valley’s retail landscape has shifted into a landlord’s market, where ethnic grocers, medical users and drive-thru coffee chains are competing over a shrinking supply of well-located, high-infrastructure space even as single-tenant net-lease investment sales slide for a second consecutive year. Silicon…

Google has doubled down on its office footprint in Sunnyvale by leasing two properties, signaling a commitment to reverse a trend of shedding office space in the post-pandemic era. The tech giant confirmed it has signed lease renewals for Moffett Place on Borregas Avenue and Moffett Gateway on Crossman Avenue in…

Come this spring, plumbing problems, sinking floors and decaying walls will no longer be issues for the low-income families living at an East San Jose apartment complex — thanks to a nonprofit’s effort to preserve the city’s shrinking unsubsidized affordable housing stock. Construction has begun at The Virginian…

A resurgent apartment market across Silicon Valley’s core submarkets is delivering the strongest rent growth in years, reviving transaction velocity and drawing institutional buyers back off the sidelines even as owners contend with higher interest rates, soaring insurance and the looming threat of new rent-control…

Hudson Pacific Properties anchored the busiest leasing quarter in its history with a 24-year commitment from the City and County of San Francisco at its 1455 Market tower, even as the real estate investment trust accelerated a Northern California disposition program that has already cleared buildings in North San…

Silicon Valley’s industrial market has split into two economies — one defined by artificial intelligence, data centers and an insatiable appetite for power, the other by older, irreplaceable Class B and C buildings that are steadily vanishing — leaving the region tight, low on vacancy and firmly in landlords’…
Chip-equipment maker Multibeam more than doubled its Sunnyvale footprint and staffed up past 75 workers just as it secured a federal letter of intent worth as much as $140 million, betting on physical expansion at a moment when Silicon Valley’s R&D market is contracting. Multibeam, the semiconductor equipment…

Silicon Valley office leasing has surged to its strongest level since 2019 as AI-driven tenants chase scarce Class A space, brokers say. The post Silicon Valley Office Leasing Roars Back to Post-Pandemic High as Class A Space Tightens appeared first on The Registry Northern California Real Estate .

Silicon Valley’s industrial and research-and-development markets both firmed in the second quarter of 2026 as artificial intelligence and advanced manufacturing tenants absorbed large blocks, pushed vacancy lower and pulled the region’s commercial real estate fundamentals back toward pre-downturn norms. The…
Downtown San Jose’s largest office landlord is now building homes where it once planned towers of desks, as Jay Paul Company clears the CityView Plaza block and secures its first construction permits for a sweeping office-to-residential conversion. Jay Paul Company, the largest owner of office space in downtown San…
A San Jose-based optical networking company has anchored the quarter’s Silicon Valley R&D leasing with a major South San Jose commitment, the largest research-and-development transaction of the period in a market showing renewed signs of life. Infinera Corporation has signed a direct lease for 102,280 square feet…

Northern California’s commercial real estate developers are betting on an artificial-intelligence-fueled rebound in San Francisco and Silicon Valley, but persistent cost and interest-rate uncertainty is keeping shovels in the ground everywhere except multifamily and retail. San Francisco and Silicon Valley have…

One of the world’s largest contract electronics manufacturers has expanded again in Newark, adding another sizable block to a Silicon Valley footprint that has grown rapidly as demand for AI server production accelerates. Quanta Computer has signed a direct lease for 143,086 square feet at 7411 Central Avenue in…

An affiliate of Palo Alto-based Peninsula Land & Capital has acquired the renovated Class A office building at 4410 El Camino Real for $26.9 million, closing a sale that followed a January foreclosure and extending the firm's run of discounted Silicon Valley office purchases. The post Peninsula Land & Capital Buys…

A rack-scale infrastructure specialist serving the artificial intelligence buildout has secured a major Newark footprint, adding to a wave of AI-driven hardware demand that has turned the East Bay submarket into one of Silicon Valley’s busiest industrial markets. Hyve Solutions has signed a direct lease for 161,280…

American Healthcare REIT’s $102.75 million purchase of San Jose’s Avella at Almaden marks the REIT’s latest bet on Bay Area senior housing, a sector where occupancy is climbing toward record highs even as new construction grinds to a near halt. An Irvine-based real estate investment trust focused on healthcare…
An affiliate of South Korea's Hana Asset Management and Southern California's Ocean West Capital Partners has defaulted on the $88.1 million Deutsche Bank loan secured by a four-building North San Jose office campus that has sat empty since eBay walked away in 2020, clearing a path toward foreclosure on one of…

Gantry secured a $9.65-million permanent loan to refinance maturing debt from the acquisition of a two-building, infill light industrial property located at 2290 De La Cruz Blvd in Santa Clara. Principal Tony Kaufmann and associate Jake Davis with Gantry’s San Francisco production office represented the borrower, a…

Mobile home residents say San Jose is shutting them out of discussions regarding a proposed increase on space rent that could affect one of the city’s last affordable housing options. In January, the San Jose City Council voted to delay a 10% space rent increase whenever a mobile home is sold after it was…

A global logistics operator has doubled down on Newark, renewing and enlarging its footprint in one of Silicon Valley’s most active industrial submarkets as tenants compete for well-located space along the East Bay’s logistics spine. Transpak has renewed and expanded its lease to 163,786 square feet at 38503 Cherry…

Colliers’ Q2 2026 report shows the Bay Area’s office construction pipeline has shrunk to just 636,000 square feet, with 89 percent of it concentrated in two build-to-suit Santa Clara campuses fully leased to Nvidia and Arista Networks — a sign that developers are refusing to break ground without a committed AI-era…

The world’s most valuable chipmaker has planted a major new industrial flag in South San Jose, signing the second-largest Silicon Valley industrial lease of the second quarter as it races to build out the physical backbone of the artificial intelligence boom. Nvidia has leased 302,722 square feet at 5853 Rue…
A Tishman Speyer-linked affiliate has paid a combined $65.4 million for two adjacent Santa Clara parcels on the west side of San Jose Mineta International Airport, betting on land that already carries an approved, if unbuilt, data center entitlement in a submarket where new power capacity has become the scarcest…
An affiliate of San Francisco-based Roxborough Group has purchased Main Street Cupertino, the dining and retail hub sitting less than a mile from Apple’s circular headquarters, for $130 million, a price that points to climbing values for commercial property in one of Silicon Valley’s most tightly held tech…

The largest federal housing bill in decades has the potential to increase the home supply in Silicon Valley, one of the most expensive regions in the U.S. The bipartisan 21st Century ROAD to Housing Act, passed earlier this month, contains more than 40 provisions that include fast-tracking housing development by…

San Jose’s planning staff cleared an eight-story, 276-unit apartment project near Diridon Station this week, but the approval is already headed to the City Council after a neighborhood group filed an appeal arguing the building looms over adjacent single-family homes without the step-backs typically required…
A nonprofit arts operator is moving artists into the ground floor of a long-vacant downtown San Jose building that developer Westbank intends to demolish for an 18-story residential tower, turning a stalled development site into an interim creative hub. Local Color, an 11-year-old San Jose nonprofit, will open…
San Jose’s City Council is heading toward an Aug. 18 decision on a general plan overhaul that would legalize small multifamily housing by right across neighborhoods long reserved for single-family homes, setting up a defining test of how far the state’s largest South Bay city will go to meet its housing mandate.…
San Jose says six weeks of World Cup soccer drew one million visitors to its downtown and pushed hotel revenue per available room up 42.3 percent year-over-year, handing the city fresh evidence for its long-running wager on a downtown sports-and-entertainment district. The city measured the payoff Friday, tallying…

A local school district is finding itself in choppy waters as it weighs the best way to provide teachers and other employees with affordable housing. In 2024, the San Jose Unified School District issued a general obligation bond, Measure R, to fund the renovation of classrooms and facilities, as well as provide…
Solid Gains In Silicon Valley San Jose multifamily regained its strength during the spring leasing season, with most fundamentals on track to outperform last year. Average advertised asking rents were up 0.8%, on a trailing three-month basis through May, to $3,414. That was 50 basis points ahead of the U.S.…
GPU giant is the property's current leaseholder

After two years of scaling back its office footprint, Google is recommitting to 2.1 million square feet of offices in Sunnyvale, reversing the space-cutting strategy embraced by many Silicon Valley tech companies in the post-pandemic years. The Silicon Valley Business Journal reported that Google, the core unit of…

A reversal from Google’s 2023 sublease push, the renewal lands as Silicon Valley vacancy hits a Bay Area low and Amazon, OpenAI and General Motors move into space tech tenants once abandoned Google is putting its money back into the same Sunnyvale office campuses it was trying to shed just two years ago, renewing…
City approval clears a low-friction path to new AI infrastructure — no rezoning, no new footprint, just a rewiring of space Nvidia already occupies San Jose has cleared the way for a Silicon Valley research building already leased by Nvidia to become a full-fledged data center, the latest sign that the AI boom is…

Amazon has committed to the full 317,000-square-foot tower at 1000 Enterprise Way in Jay Paul Co.’s Moffett Towers campus, absorbing space Google spent more than two years trying to shed and deepening the e-commerce giant’s standing as one of Silicon Valley’s largest office occupiers. Amazon.com has leased the…
San Jose city staff have signed off on a mixed-use project that pairs new housing with a permanent performance home for the city’s taiko drumming company, extending a residential builder’s now decade-long bet on one of the country’s last three historic Japantowns. City officials approved the project at 653 North…

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 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...
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…

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…