What happened, and who moved.

The Redstone Building, a century-old San Francisco landmark and longtime home to the city’s arts and labor organizations, has traded for $7.15 million, marking another chapter for one of the Mission District’s most storied properties. Greymark Capital acquired the Redstone Building, a 55,560-square-foot asset at…
A single-story flex and office building in the heart of Emeryville has changed hands for $7.2 million, a transaction that highlights continued investor interest in East Bay value-add real estate even as the submarket’s office fundamentals lag the broader Bay Area recovery. GC Emeryville LLC acquired the…
Hines sold a San Diego-area industrial property for $73 million.

Tempo signed a headquarters lease in San Diego to support industrial electrification operations.
Regent Properties sold two office towers in San Diego at a 50% loss.

Brixton Capital sold a grocery-anchored retail plaza in San Diego.

Tishman Speyer and Bellco Capital secured a $465M CMBS loan for a life sciences campus in San Diego.

Eagle Partners acquired two senior housing complexes near San Diego for $163 million.

Affinius Capital provided a $120 million refinancing for a luxury multifamily complex in San Diego.
Northrop Grumman renewed 168,000 square feet of office space near San Diego.
Genesis Capital provided a $66 million loan for an affordable housing development in San Diego, California.

Hines secured $380M in financing for the first phase of the Riverwalk San Diego mixed-use megaproject.

Wearable technology company Oura purchased its San Francisco headquarters at 100 Stockton in Union Square months after relocating there, joining other tech firms acquiring their own office space in the post-pandemic market.

Boston-based Beacon has listed a San Francisco office tower near Transamerica on the market, likely facing a loss on its $192M pre-pandemic acquisition as the firm tests the SF office rebound.

Tesla signed a lease for manufacturing space in Oakland as East Bay cities experience increased industrial demand from tech and AI companies.

Urban Catalyst is reducing office development and expanding residential housing plans in downtown San Jose as multifamily vacancies decline and rents rise.

Jamestown sold the historic Ghirardelli Square shopping center in San Francisco.

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.

San Francisco multifamily rents are rising to new highs, driven by AI hiring and constrained supply, while the broader U.S. apartment market stalls.

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.

The new owner of Transamerica Pyramid in San Francisco signed 113,000 square feet of new tenant leases.

Strada completed the acquisition of Samsara's headquarters building at Showplace Square in San Francisco.

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…

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…

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.

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.…
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…
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…

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…

Two historic Embarcadero warehouse piers slated for a full renovation are being offered for long-term lease to major credit tenants, positioning up to 279,876 square feet of San Francisco waterfront space for occupancy in late 2029. The post Pacific Cornerstone Brings 280,000 SQFT Piers 38 & 40 Waterfront…

MARINA DEL REY, CALIF. — An affiliate of San Francisco-based Jackson Square Properties has acquired Shores, a 544-unit community in Marina del Rey for $170 million. Law firm Cox, Castle… The post Jackson Square Acquires Marina del Rey Asset for $170M appeared first on Multifamily & Affordable Housing Business .

Behring Cos. is transforming an Oakland facility into a 20-megawatt artificial intelligence data center, enhancing the East Bay Area's AI infrastructure.

The Tenderloin Neighborhood Development Corporation and Chinatown Community Development Center have opened 730 Stanyan, a $153.2 million, 160-unit affordable housing complex on a former McDonald's site at the edge of Golden Gate Park, marking the first major affordable development in Haight-Ashbury in nearly two…

WareSpace, the small-warehouse platform backed by a newly enlarged $500 million commitment from Jadian Capital, has named San Francisco among its next expansion targets as it races from 32 locations toward 100 nationwide. The post WareSpace Targets San Francisco Expansion, Backed by Jadian’s $500MM Commitment…
Prado Group and Presidio Bay Ventures have terminated their agreement to acquire the shuttered San Francisco Centre Mall on Market Street, returning the 1.5 million square foot property to the market.

Prado Group and Presidio Bay Ventures have withdrawn from a deal to acquire the historic shuttered San Francisco Centre Mall, a 1.5M SF Market Street property.

Prado Group and Presidio Bay Ventures have withdrawn from a pending purchase of the shuttered San Francisco Centre Mall, a 1.5M SF Market Street property, returning it to the sales market as the city's retail vacancy declines to 5.6%.

A $258 million sale-and-leaseback transaction involving a San Diego life sciences campus demonstrates investor appetite for the sector.

A storied San Diego hotel is undergoing a significant renovation and capital improvement project.

An office property in Carlsbad, California sold for $14 million, reflecting market activity in the region.