What happened, and who moved.

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…

Beacon Capital Partners has enlisted JLL to sell 655 Montgomery Street, an 87 percent-leased Class A tower facing the Transamerica Pyramid, betting that a strengthening San Francisco office recovery will reward the stabilized, view-rich asset it acquired with CalSTRS for $191.5 million in 2019. The post Beacon…

Beacon Capital Partners has enlisted JLL to sell 655 Montgomery Street, an 87 percent-leased Class A tower facing the Transamerica Pyramid, betting that a strengthening San Francisco office recovery will reward the stabilized, view-rich asset it acquired with CalSTRS for $191.5 million in 2019. The post Beacon…

Pimco Prime Real Estate is seeking roughly $653 a square foot for the Docusign-anchored tower, a price that would rank among San Francisco’s highest post-pandemic office trades as citywide vacancy hits its lowest point since 2023 and leasing volume approaches a three-decade high. A nearly fully leased San Francisco…

Alexandria Real Estate Equities captured twice its market share of San Francisco Bay Area leasing in the second quarter, its strongest regional showing, as advanced technology users supplied nearly 30 percent of companywide volume and the REIT closed a $163 million Palo Alto sale to a residential developer. The…
California Attorney General Rob Bonta's office has stepped into the long-running fight over N17's 80 Willow Road development, warning Menlo Park that it can no longer withhold streamlined approval of the 665-home project or force the developer to bankroll the city's outside legal bills. The post California Attorney…

Alexander's Mobility Services has extended its lease on a roughly 101,805-square-foot freestanding distribution building at 3528 Arden Road in Hayward, keeping the Atlas Van Lines agent anchored at the foot of the San Mateo Bridge even as East Bay industrial vacancies push higher. The post Alexander’s Mobility…

A 322,560-square-foot warehouse on Shideler Parkway in Lathrop is the lone California asset in an eight-building national portfolio just recapitalized with $213 million in cross-collateralized debt from PGIM Real Estate, landing in a Central Valley market where vacancy has started to fall and quarterly leasing…
Commercial real estate brokers are increasingly handing rote market research to autonomous AI agents that assemble proprietary comp databases and monitor rival properties on a set schedule, reshaping where competitive advantage in brokerage comes from. A growing set of commercial real estate brokers is wiring…

Cryptocurrency payments firm Ripple has renewed its lease on the entire 600 Battery Street building in San Francisco’s Jackson Square, keeping one of the city’s highest-profile technology tenants in place and signaling continued confidence in the downtown office recovery. A 123,547-square-foot renewal was among the…

The Lincoln City Council last week signed off on Ron Smith's 165-lot Windsor Cove subdivision and cleared Lewis Group of Companies to nearly double the housing planned for its Village 7B holdings, advancing two projects tied to the city's westward push. The post Lincoln Council Approves Ron Smith’s 165-Lot Windsor…
An Alaska-based investor has landed a trophy corner at the seam of Union Square and the North Financial District, paying roughly $281 per square foot for a building that a blue-chip tenant walked away from a year ago. The post Fountainhead Buys 44,000 SQFT Union Square Office and Retail Building at 100 Post for…

A 1943 fourplex community in East Oakland just traded for $9.75 million as investors chase one of the tightest affordable-housing supply pictures in the country. The post 73-Unit Garden Villas Affordable Housing Community Trades for $9.75MM in Oakland appeared first on The Registry Northern California Real Estate .
Sand Hill Property Company sells its newly built Los Gatos Whole Foods site for $45.9 million, or about $1,148 per square foot. The post Sand Hill Property Company Sells 40,000 SQFT Whole Foods Site for $45.9MM in Los Gatos appeared first on The Registry Northern California Real Estate .
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 .
The real estate investment trust said active tenant demand in San Francisco has topped 10 million square feet for the first time since 2019, with the recovery broadening from the city's core into SoMa, the Peninsula and its South San Francisco life science campus. The post Kilroy Says San Francisco Demand Tops 10MM…

One of downtown San Francisco’s largest and most troubled assets is back on the block, this time with a longer ground lease, lower carrying costs and a hard September deadline for bidders willing to take on a 5.9-acre redevelopment play at the city’s busiest corner. The San Francisco Centre & Emporium, a 1.2…
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…

Savills completes its $1.11 billion buy of Eastdil Secured, now Eastdil Secured Savills, deepening its San Francisco capital markets bench. The post Savills Closes $1.11B Eastdil Secured Acquisition, Deepening San Francisco Capital Markets Reach appeared first on The Registry Northern California Real Estate .

Sacramento's leaders took their first formal step toward a special financing district that could bankroll the public infrastructure behind Innovation Park, the 171-acre mixed-use redevelopment planned for the former Sleep Train Arena site and anchored by a proposed California Northstate University teaching…

Kilroy Realty told analysts on its second-quarter earnings call that continued ownership of all or part of its long-stalled Flower Mart megaproject in Central SoMa is now an open question, even as the San Francisco market recovers around it. The post Kilroy Weighs Sale or Joint Venture of 7-Acre San Francisco…

Developer Fifth Space secured a San Francisco Planning Commission recommendation to loosen commercial-use rules, raise building heights and defer certain housing fees across its 29-acre Central Waterfront neighborhood, while pledging to preserve the project's promise to make nearly a third of its homes affordable.…

Blackstone Mortgage Trust launches sale of San Francisco's 686-key Hyatt Regency SoMa as part of a broader portfolio overhaul. The post Blackstone Mortgage Trust Lists 686-Key Hyatt Regency SoMa in San Francisco as Part of Portfolio Overhaul appeared first on The Registry Northern California Real Estate .

A full city block in West Berkeley with deep ties to rock history and Oscar-winning film sound work has changed hands, selling for roughly a third of its assessed value as the surrounding office submarket continues to struggle with historically high vacancy. The post Wareham Development Sells 121,200 SQFT Former…

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…

San José reopens environmental review of Federal Realty's Santana Row Master Plan, clearing a path to 2.78MM SQFT of office. The post San José Reopens Environmental Review of Federal Realty’s 2.78MM SQFT Santana Row Master Plan appeared first on The Registry Northern California Real Estate .
The Menlo Park Planning Commission voted unanimously to let The Sobrato Organization split its long-approved Bayfront development into independently timed apartment and townhome phases, clearing the way to build 316 rental units near Meta while the for-sale townhome parcel is marketed to a specialist builder. The…

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 purchase-and-sale agreement for roughly 14 acres of Citrus Heights' Sunrise Mall clears the path for The Mettle Shop's $120 million ice-and-turf Sunrise Sports Center, the centerpiece of Terry Tallen's plan to revive the aging enclosed mall. The post Tallen Capital Clinches Sunrise Mall Deal, Carves Out 14 Acres…

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…

Related California and EBALDC file building plans for a 66-unit affordable housing building at 430 Broadway in Oakland's Jack London Square. The post Related California Files Plans for 66-Unit Affordable Building at Oakland’s 430 Broadway appeared first on The Registry Northern California Real Estate .
Think Surgical signs a 10-year Milpitas R&D lease, halving its footprint as it exits manufacturing to focus on design. The post Think Surgical Signs 10-Year Lease for 35,000 SQFT Milpitas R&D Office, Halving Its Fremont Footprint appeared first on The Registry Northern California Real Estate .

Labor and employment law firm Martenson, Hasbrouck & Simon LLP signed a new 11,110-square-foot lease at 455 Capitol Mall, planting a flag on Downtown Sacramento’s premier office corridor even as the district’s vacancy rate sits well above the regional average. Martenson, Hasbrouck & Simon LLP has committed to…

Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting software, absorbing a multimillion-dollar charge that briefly obscured otherwise strengthening operations across its West Coast apartment portfolio.…

Blackstone’s residential platform LivCor is testing buyer appetite for one of Alameda’s largest apartment communities, marketing the 615-unit Summer House with a naturally occurring affordable housing conversion or a continued value-add renovation as the two paths forward. Summer House Apartments, a 1966-vintage,…

A Los Angeles ownership group has put its half-empty Novato medical and office building on the block, pitching buyers on a discounted basis and the pull of an adjacent hospital campus in one of the Bay Area’s tightest medical office markets. An entity affiliated with Los Angeles-based Pinnacle Capital Management…

New York-based Sentinel Real Estate Corp. closed on the $102.5 million purchase of Folsom’s 293-unit Talavera Apartments, landing the largest local multifamily transaction of the year in a market where deal volume and pricing have both cooled. Sentinel closed escrow July 20 on Talavera, a market-rate community at…

Law firm Hanson Bridgett has recommitted to Downtown Walnut Creek, renewing its 13,474-square-foot office footprint at 1676 N California Blvd as tenants press their advantage in a soft corridor market. The renewal keeps one of the region’s established legal tenants anchored in the heart of the North I-680…
A Nevada public pension fund is closing on a Peninsula medical office building as part of an all-cash push to double its real estate allocation, wagering that healthcare tenancy will hold its value where traditional office has cratered. The Nevada Public Employees Retirement System is nearing a close on the $62.2…

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…

An optical components manufacturer has tripled its available footprint in Santa Clara, buying a three-building office campus at a price that lands well below what a nearly identical property one address down the same street fetched just two months earlier. A subsidiary of Fabrinet paid $76.9 million in an all-cash…

Palo Alto Networks has locked in its Santa Clara headquarters for another generation, extending leases across its 940,564-square-foot campus through mid-2040 in the single largest office lease recorded anywhere in the San Francisco Bay Area during the second quarter of 2026. A cybersecurity giant agreed to a…

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…

Leeland Properties closed a Preferred Bank construction loan to restart the 146-room Element Hotel on Sacramento's Stockton Boulevard. The post Leeland Properties Restarts 146-Room Element Hotel on Sacramento’s Stockton Boulevard After Closing Preferred Bank Construction Loan appeared first on The Registry Northern…
A public housing agency has emerged as the buyer of one of the Peninsula’s newest luxury apartment communities, acquiring the 74-unit Azara in San Mateo for $54.75 million as institutional demand for high-quality Bay Area multifamily continues to intensify. The Housing Endowment and Regional Trust of San Mateo…

Healthpeak Properties has sold a non-controlling 49 percent stake in a national portfolio of 86 outpatient medical buildings to Brookfield Asset Management for roughly $1.025 billion, launching a joint venture the healthcare REIT says it can replicate to fund future growth while keeping operational control.…
Essex Property Trust’s Northern California apartments outperformed every other region in its portfolio during the second quarter of 2026, as tightening Bay Area rents and falling operating costs drove the strongest income growth of the company’s West Coast markets. Same-property revenue across Northern California…

AI-powered go-to-market platform Clay has committed to 44,000 square feet at The Swig Company’s historic Mills Building, adding another marquee technology name to a downtown San Francisco office market that artificial intelligence firms have pulled back from the brink. The Swig Company has signed a…
D.R. Horton’s affordability-first strategy collides with a Northern California market where the typical home costs more than twice the statewide median and far beyond the builder’s average sale price, even as analysts flag the tech-driven Bay Area as a pocket of national strength. The most expensive corner of the…
Industrial Realty Group has leased its entire half-million-square-foot manufacturing and distribution complex at 2201 Cooper Avenue in Merced to a regional agricultural manufacturer, absorbing one of the Central Valley’s largest rail-served industrial assets in a single stroke. Industrial Realty Group, LLC (IRG),…

San Francisco has cleared a key hurdle for a 15-story, 187-unit affordable senior housing tower at 1939 Market Street, handing Mercy Housing California and Openhouse a 75-year ground lease as the roughly $160 million project pivots toward a make-or-break tax-credit decision this summer. The San Francisco Board of…

Idaho-based Alturas Capital Partners has purchased one of the Reno-Sparks market’s largest retail destinations, betting more than $100 million that Northern Nevada’s tight retail fundamentals still have room to run. Alturas Capital Partners, an Eagle, Idaho, real estate investment and operating firm, has acquired…

An 85-foot condominium tower cleared the San Francisco Planning Commission on a low-rise Inner Richmond block, becoming the first project entitled under Mayor Daniel Lurie’s Family Zoning Plan and an early template for how the city’s new rules will reshape its residential neighborhoods. The San Francisco Planning…
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…

Global investment giant Brookfield Asset Management has picked up a 167,000-square-foot industrial park in Rancho Cordova, handing Campbell-based GPR Ventures a roughly 50 percent gain on a property it has owned for nine years and adding to Brookfield’s broader industrial buying spree this year. An entity sharing…

Bell Partners has acquired Celeste Apartments, a 195-unit luxury community adjacent to the South San Francisco Caltrain station, marking the second time in four years that the North Carolina-based investor has purchased a Sares Regis-developed property in the city’s downtown core. Sares Regis Group of Northern…