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Adaptive Reuse in San Francisco: Turning Vacant Offices Into Opportunity

By Michael Strong, Vice President-Project Executive, Skanska USA Across the San Francisco Bay Area, adaptive reuse has shifted from a niche idea to a practical construction solution. With high office vacancies, evolving community needs, and increasing pressure to deliver projects faster and more responsibly,…

Capital MarketsOfficeU.S. NationalSan Francisco

Posted today·Published Jul 13, 2026Read

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Olema Oncology Leases 38,000 SQFT at Kilroy Oyster Point, Moving Headquarters to South San Francisco

Clinical-stage breast cancer company Olema Oncology has committed to 38,176 square feet at Kilroy Realty’s 365 Oyster Point Boulevard under a seven-year lease, relocating its headquarters out of San Francisco and pushing the building to roughly 60 percent leased months before the pivotal readout that will determine…

Capital MarketsLife SciencesU.S. NationalSan Francisco

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The RegistryNews

San José Airport Traffic Slides 9.9% to 10.7MM Passengers as Master Plan Bets on 16.75MM by 2037

San José Mineta International Airport lost more than 1.1 million passengers in 2025 as carriers consolidated Bay Area operations at San Francisco International, opening a widening gap between actual demand and the growth curve embedded in the city’s newly amended Airport Master Plan. San José Mineta International…

Capital MarketsEconomyU.S. NationalSan Francisco

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SM Flores Files Plans for 80-Unit, Seven-Story Apartment Project at 2555 Flores Street in San Mateo

A locally based developer is moving to convert an aging San Mateo office parcel into 80 apartments, betting on a Peninsula rental market that analysts expect to tighten sharply through the rest of the decade. SM Flores, LLC has filed a formal planning application to demolish an existing office building at 2555…

Capital MarketsOfficeMultifamilyU.S. NationalSan Francisco

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Fieldwork Brewing Leases 5,370 SQFT Former Presidio Social Club Building, Bringing First Taproom to San Francisco’s National Park Site

The Presidio Trust has landed Fieldwork Brewing Company for the entire restaurant building at 563 Ruger Street, filling a historic barracks that sat dark for two years after Presidio Social Club closed and giving the 1,500-acre national park site its first taproom. The lease, announced July 7, covers approximately…

Capital MarketsRetailU.S. NationalSan Francisco

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California’s Share of U.S. Export Trade Slips to 8% as Real Shipment Value Falls

California shipped $16.735 billion in merchandise abroad in May while the rest of the country surged ahead, dropping the state’s share of national export trade to 8 percent and raising fresh questions about demand for the warehouse and port infrastructure built to serve it. The Golden State’s exporters posted a…

Capital MarketsIndustrial & LogisticsU.S. NationalCalifornia

Posted today·Published Jul 13, 2026

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San Francisco Warns Developers: Build Stalled Office Projects or Forfeit Prop M Allocations

San Francisco’s planning chief has moved to reclaim dormant office development rights from developers sitting on long-stalled downtown projects, threatening to strip their Proposition M allocations as City Hall races to refill a depleted pool amid a competitive scramble for the Financial District’s first…

Capital MarketsOfficeU.S. NationalSan Francisco

Posted today·Published Jul 13, 2026

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Travelers Insurance Anchors 198,000 SQFT Leasing Surge as Walnut Creek Office Market Snaps Two-Year Losing Streak

After ten consecutive quarters of shrinking occupancy, the North I-680 Corridor office market recorded 196,732 square feet of positive net absorption in the second quarter of 2026, powered by a 46,219-square-foot Travelers Insurance commitment in Concord and a wave of owner-user acquisitions that pushed pricing to…

Capital MarketsOfficeU.S. NationalSan Francisco

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Archer Aviation Leases Entire 501,000-SQFT Cochrane Technology Center in Morgan Hill to Scale Air Taxi Production

Air taxi maker Archer Aviation has committed to all five buildings at Trammell Crow Company’s 30-acre Cochrane Technology Center in Morgan Hill, a full-campus deal that hands the fast-growing eVTOL manufacturer more than a half-million square feet as it pivots from testing to commercial production. Archer Aviation…

Capital MarketsIndustrial & LogisticsU.S. NationalSan Francisco

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Pickleball Kingdom Converts 25,159 SQFT Former Joann Store Into Eight-Court Livermore Club

Pickleball Kingdom, the largest indoor pickleball operator in the world, will take over a vacant Joann fabric store in Livermore’s Arroyo Seco Shopping Center and rebuild it as an eight-court club, the latest example of a sports operator absorbing big-box space that traditional retailers no longer want. The…

Capital MarketsRetailAlternativesU.S. NationalSan Francisco