What happened, and who moved.
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…
GOLETA, CALIF. — Talonvest Capital has arranged a $45 million senior bridge loan to refinance a self-storage property owned by 1784 Holdings, a national self-storage owner and developer. Located in Goleta, the property comprises 95,523 net rentable square feet across 972 climate-controlled self-storage units. Extra…
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…
SAN FRANCISCO — Sares Regis Group of Northern California, along with an institutional equity partner, has sold the 195-unit Celeste Apartments in South San Francisco to Bell Partners on behalf of its Bell Growth & Income Fund investors. The buyer will rename the asset, located at 401 Cypress Ave., to Bell South…
LA MESA, CALIF. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing property in La Mesa. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom apartments. Residences are…
ANAHEIM, CALIF. — Marcus & Millichap has negotiated the $12.3 million sale of Villa Samoa, a 46-unit apartment complex located at 2856 West Lincoln Ave. in West Anaheim. Tyler Leeson and Matthew Kipp of Marcus & Millichap’s Orange County office represented the undisclosed seller in the transaction. The buyer’s…
FONTANA, CALIF. — CBRE has brokered the sale of Cambria Villa Apartments, a 50-unit community at 1531 West Rialto Ave. in Fontana, about 7 miles west of San Bernardino. Eric… The post CBRE Brokers $12.3M Sale of Cambria Villa in Fontana, California appeared first on Multifamily & Affordable Housing Business .
The second phase of Kilroy Realty's sprawling Oyster Point life sciences campus in South San Francisco is climbing uphill in a bid to fill space as the lab leasing market languishes. Although the first phase of the 865K SF campus is 100% leased, the...
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…
The Swig Company has leased 44,000 square feet at The Mills Building to artificial intelligence platform Clay. The lease was announced two weeks after Swig refinanced the circa-1891 property at 220 Montgomery St. in San Francisco’s Financial District. “The Mills Building continues to attract companies seeking a…
Marcus & Millichap Capital Corporation (MMCC) arranged $9,790,000 in financing for the acquisition of a 13,575-square-foot mixed-use multifamily and retail property located at 235-237 Kent Ave. in Brooklyn’, New York’s Williamsburg neighborhood. Bradley Buzil, senior director in MMCC’s Los Angeles office, secured a…
OXNARD, Calif. — Harrison Street has completed the sale of Clearwater at Riverpark, a 136-unit independent living community located in Oxnard, approximately 65 miles northwest of Los Angeles. Built in 2018,… The post Harrison Street Sells 136-Unit Independent Living Community in California appeared first on Seniors…
A private California investor just spent upwards of $110 million to acquire a build-to-rent community in Phoenix. Scottsdale-based Cavan Companies sold Bungalows on Camelback, a 334-unit low-density residential community, to entities affiliated with Newport Beach-based Marlowe Moy of Golden Horizon Enterprises for…
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…
PLANO, TEXAS — San Francisco-based Shorenstein Investment Advisers has acquired The Tennyson, a 273,000-square-foot office property located northeast of Dallas in Plano. The two-building, 12-acre complex, which is located within the city’s Legacy submarket, was originally developed in 2012 as a build-to-suit for…
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…
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…
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…
LOS ANGELES — Paragon Commercial Group has purchased a 46,055-square-foot grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles from the original developer. Situated on nearly 2.7 acres, the property has been home to Smart & Final for more than 30 years and Goodwill for 25 years. Paragon plans…
SANTA MONICA, CALIF. — CBRE has negotiated the $25.9 million sale of 901 Ocean Avenue, a multifamily property along Santa Monica’s Ocean Avenue corridor. The property sold for $23.5 million, with the buyer assuming approximately $2.4 million in transaction-related obligations. A local private investor acquired the…
OXNARD, CALIF. — Harrison Street Asset Management has divested of Clearwater at Riverpark, a 136-unit, Class A independent senior living community in Oxnard. The buyer was an undisclosed S&P 500 company focused on seniors housing. Terms of the transaction were not released. Aaron Rosenzweig and Dan Baker of JLL…
A year after last summer’s immigration crackdowns that emptied parts of Los Angeles’ commercial corridors, damage to business owners and their landlords hasn’t been repaired. Neighborhoods like the Fashion District and Little Tokyo are still coping...
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…
Paragon Commercial Group has completed the off-market acquisition of a grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles. Located on Foothill Boulevard in northeastern Los Angeles along the foothills of the San Gabriel mountains, the 46,055 square-foot property was acquired from the family…
Sares Regis Group of Northern California and Bell Partners LLC announced the sale of Celeste Apartments, a 195-unit multifamily community in South San Francisco. The LEED Silver certified property, located at 401 Cypress Ave. and adjacent to the Caltrain station, was acquired by Bell Partners on behalf of its Bell…
SAN DIEGO, July 28, 2026 (GLOBE NEWSWIRE) -- American Assets Trust, Inc. (NYSE: AAT) (the “company”) today reported financial results for its second quarter ended June 30, 2026.
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…
Cannae Partners has purchased EmeryTech, a recently renovated creative office campus in Emeryville, for $55.5 million, a steep discount that lets the San Francisco-based investor step into a partially leased, move-in-ready asset far below what the building’s previous owner had spent to acquire and upgrade it.…
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…
LA MESA, Calif. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing community located in La Mesa. Los Angeles-based Positive Investments was the… The post Marcus & Millichap Brokers $12.5M Sale of Affordable Housing Community in Southern California appeared first…
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…
PHOENIX — Scottsdale, Ariz.-based Cavan Cos. has completed the $112.5 million sale of Bungalows on Camelback, a 334-unit built-to-rent community at 4747 N. 99th Ave. in Phoenix. A California-based private investor has acquired the property for $336,826 per unit. Mark Forrester, John Cunningham, Charles Steele and…
LOS ANGELES — Sony Pictures Entertainment (SPE) and Alamo Drafthouse Cinema have announced plans to reopen and restore Cinerama Dome, a historic move theater located on Sunset Boulevard in Hollywood. Opened in 1963, it is the world’s first all-concrete, geodesic dome that features an 86-foot curved screen.…
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…
Five Point Holdings is pushing its long-dormant Candlestick redevelopment back toward construction and preparing to hunt for a marquee technology tenant, positioning the bayfront site as San Francisco’s only shot at a large corporate campus just as the city’s office market turns. Five Point Holdings told analysts…
The U.S. General Services Administration signed a 52,147-square-foot lease at 10730 International Drive in Rancho Cordova, the largest office transaction in the Sacramento region during the second quarter of 2026 and a sign that federal demand is anchoring a recovery in the market’s highest-vacancy corridor. The…
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.…
ANAHEIM, CALIF. — Marcus & Millichap has arranged the sale of Villa Samoa, a 46-unit community at 2856 West Lincoln Ave in West Anaheim. The property sold for $12.3 million.… The post Marcus & Millichap Brokers $12.3M Sale of 46-Unit Property in Anaheim, California appeared first on Multifamily & Affordable Housing…
DivcoWest has completed its purchase of a 47.5 percent stake in 101 California Street, finalizing San Francisco’s largest office transaction in more than four years and converting a closely watched listing into a concrete signal that trophy capital has returned to the Financial District. The deal closed last week,…
San Francisco law requires landlords to negotiate The post Union-at-Home Ordinances Could Change How Landlords Handle Tenant Disputes appeared first on Propmodo .
Marcus & Millichap finalized the sale of 5035-49 Guava Ave., an 81-unit seniors affordable multifamily property located in La Mesa. The property sold for $12.5 million, or $154,320 per unit. “Age-restricted communities with long-term affordability protections are rarely available for acquisition in San Diego…
Industrial investor and developer CapRock Partners announced that Building 1 at CapRock Central Point III in Visalia has been fully leased to an undisclosed global corporate tenant. The 1,270,750-square-foot commitment ranks among the largest industrial lease transactions completed in California’s Central Valley in…
For Dedeaux Properties, California’s infamously arduous development environment can be both a hurdle and a competitive advantage. CEO Brett Dedeaux spoke with Commercial Observer about why the firm sees Tejon Ranch as such a compelling alternative to Los Angeles County and the Inland Empire, as well as how the…
Global flexible-workspace operator Mindspace has committed to 54,000 square feet at the Transamerica complex, nearly tripling its San Francisco footprint and betting on a downtown office market that is recovering faster than any other in the nation. Mindspace has signed a 54,000-square-foot lease at Two…
Seavest Healthcare Properties, a national medical-office investor, paid $25.3 million for the 64,080-square-foot office building at 80 Iron Point Circle in Folsom, a single transaction that accounted for more than half of the Sacramento region’s office sales volume during an otherwise moribund second quarter.…
LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan to refinance Billy G. Mills Manor, an affordable housing community in Los Angeles. Walker & Dunlop’s Jeff Kearns… The post Watt Capital Developers Secures Refinancing, HAP Contract Renewal for Los Angeles Affordable Housing appeared first on…
Homebuilder Discovery Homes takes 19,528 square feet of sublease space at 5060 Forni Dr as Concord industrial vacancy hits a cycle high. The post Discovery Homes Subleases 20,000 SQFT of Industrial Space at 5060 Forni Dr in Concord appeared first on The Registry Northern California Real Estate .
San Francisco’s largest-ever budget quietly wagers its balance on a commercial property recovery that is gathering speed but remains far from complete, tying City Hall’s fiscal fate to deal flow, downtown office demand and a business-tax overhaul now phasing in. The San Francisco Board of Supervisors on July 21…
Miał być pokazem siły rynku nieruchomości i nową ikoną downtown Los Angeles. Zamiast tego Oceanwide Plaza, gigantyczny kompleks trzech wieżowców, od lat stoi niedokończony i pokryty graffiti. Władze miasta zapowiadają teraz czyszczenie elewacji.
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…
Opinion piece argues that Los Angeles' Measure ULA transfer tax is suppressing multifamily housing production and causing significant economic harm, citing a RAND report showing 30% decline in apartment building starts and 16,650 lost construction jobs since 2023.
Prologis deploys solar energy infrastructure on warehouse rooftops to support community solar programs in California.
ArtHaus Partners & Integrity Housing acquire The Creek at 2645 Apartments, a 368-unit Sacramento community, in SHRA's first 501(c)(3) bond issuance.
Breakthrough Properties and Tishman Speyer announced a joint investment in a $90-million mezzanine bridge loan for Aperture Del Mar, a newly constructed, 538,000-square-foot Class A life science campus in San Diego. The borrower, Gemdale USA, will use the proceeds to refinance an existing loan. The four-building…
Logos Faith Development, a Los Angeles-based affordable housing developer partnering with faith communities across Southern California, announced 15 groundbreakings planned across 2026, 2027 and 2028. In support of that growth, Logos has signed a long-term lease for new headquarters in Downtown Los Angeles. The…
Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller. The Los Angeles-based real estate investment trust (REIT) has identified about $2 billion of “noncore assets” for disposition as it…
Developer Jeff Svitak has landed $34.25 million of bridge debt for a newly completed San Diego multifamily project, Commercial Observer has learned. Lightstone Capital originated the senior loan for Svitak’s Kaya Apartments development in San Diego’s Bankers Hill neighborhood. John Zubak, managing director and head…