Palo Alto
CBRE Hires Bennett as Life Sciences Vice Chair
CBRE has welcomed James Bennett as Vice Chairman in Palo Alto, CA, where he will join the real estate firm’s… Read more
Neiman Marcus Group Picks Dallas as One of Three Corporate Hubs
Neiman Marcus Group (NMG) will keep its thriving Dallas store location, but will move the group’s executives into Cityplace Tower… Read more
Placer.ai: When Store Closures Mean Rightsizing Right
The phrase “retail apocalypse,” coined in the aftermath of the global financial crisis, is often used to characterize large-scale store… Read more
Cushman & Wakefield Expands Life Science Presence in Silicon Valley
Cushman & Wakefield has announced that several brokers specializing in Tenant Representation have joined the firm in its San Jose… Read more
Newmark Completes $40M Sale of Palo Alto Office Building
Newmark has announced the completion of a $40 million sale of 250 Cambridge, a three-story, transit-oriented office building in Palo… Read more
Law Firm Wilson Sonsini Renews Full-Building Headquarters Lease
Global law firm Wilson Sonsini Goodrich & Rosati has renewed its Palo Alto headquarters lease at CommonWealth Partners’ 650 Page Mill Rd.… Read more
Slatt Capital Secures Refi on Palo Alto Mixed-Use
Slatt Capital commercial mortgage banker Niko Tsiplakos, along with analyst Dominic Sestito, recently arranged the $43,500,000 refinance of a ±130,000… Read more
Retail Plaza on Peninsula Trades for $72M
On the peninsula, just south of San Francisco, a five-building retail center in Palo Alto and Mountain View has been… Read more
Invesco and LPC to Capitalize on Market Momentum
Square Mile Capital Management LLC recently originated a $73.9 million loan secured by Ardenwood Life Science Park, a two-building 186,000-square-foot… Read more
Ladera Professional Center Trades to Woodstock for $40M
Ladera Professional Center, an office property in Portola Valley, CA, recently sold to Burlingame-based Woodstock Development for $40.35 million. Located… Read more
Woodmont Begins Leasing Effort for Alta Locale in Palo Alto
Woodmont Real Estate Services has begun the leasing process for its newest apartment community in Palo Alto. Developed by Windy… Read more
Ladera Professional Center is on the Market for First Time in 50 Years
CBRE has been awarded the listing of Ladera Professional Center, an office property in Portola Valley, CA. The listing marks… Read more
What is the Impact of Firms Leaving California?
Elon Musk’s latest announcement of Telsa relocating its headquarters to Austin made headlines but this move had been rumored for… Read more
Tesla’s Relocation to Austin Speaks to Production Demands
Tesla Inc. plans to move its headquarters from Palo Alto to Austin, where it is building Gigafactory Texas, a car… Read more
Pacific and Hanover Merge to Form Pacific Urban Investors
Multifamily owner-operator and investment manager Pacific Urban Residential (PUR) and multifamily private equity investor Hanover Real Estate Investors announced a… Read more
Salesforce Set to Reopen Tower in May
Salesforce has reached another important milestone on the COVID journey: reopening its offices around the world. Its first U.S. office… Read more
Google Will Renew Stanford Research Park Lease
Hudson Pacific Properties’ largest 2021 expiration is Google’s 207,857-square-foot lease at 3400 Hillview in Palo Alto’s Stanford Research Park. But,… Read more
12 Bay Area, Sacramento Multifamily Assets Close at $535M
In the fourth quarter of 2020, 12 assets totaling 1,552 units closed with a value of $535.165 million. The transactions… Read more
Graymark Claims Palo Alto Site Eyed for Life Science, Alternative Tech Conversion
San Francisco-based Graymark Capital acquired a vacant single-story office/R&D asset in Palo Alto, reportedly for $15.7 million in the San… Read more