San Francisco
Silicon Valley Light Industrial Refinanced for $10M
Gantry secured a $9.65-million permanent loan to refinance maturing debt from the acquisition of a two-building, infill light industrial property… Read more
AI Platform Clay Leases 44K SF with Swig Company
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… Read more
Three Votes for a Hike Shift the Fed’s Center of Gravity: Analysis
The Federal Reserve left its benchmark interest rate unchanged at 3.50% to 3.75% on Wednesday, extending its policy pause for a… Read more
North American Office Posts Strongest Performance Since Pandemic
The North American office market is having its best year since the COVID-19 lockdown upended demand for the sector, with… Read more
AI Job Displacement Risk, AI Office Demand Dovetail
U.S. markets defined by sectors most exposed to AI-driven job displacement are also seeing the strongest real estate demand from… Read more
Original Developer Trades Castro Valley Multifamily Duo
Berkadia arranged the sale and acquisition financing of two value-add, neighboring Castro Valley multifamily communities with a total of 135… Read more
Pearlmark Closes $24M Debt Investment for Fulton Market Office Building
Pearlmark announced that it closed on a $24.2 million debt investment for the acquisition of 1201 W Lake Street, a… Read more
Mindspace to Open Largest U.S. Location at Transamerica Complex
Global flexible workspace provider Mindspace has signed a new 54,000-square-foot lease at Two Transamerica Plaza, located at 505 Sansome St.,… Read more
Life Sciences Employers Consider Areas Beyond Established Biopharm Hubs
In the labor market, life sciences hubs continue to rely on talent to drive innovation. According to Cushman & Wakefield’s… Read more
Transamerica Pyramid Center Scores Leasing Success Under New Ownership
YODA PLC announced the completion of more than 113,000 square feet of new leasing activity at Transamerica Pyramid Center. The… Read more
Airbnb Acquires Church Missions House in Gramercy for Reported $82M
Airbnb has finalized a deal to purchase 281 Park Ave South, the historic Church Missions House in Gramercy, for a reported… Read more
AI Tenants’ Office Demand Surges 85% Year-Over-Year
Artificial intelligence companies’ demand for office space has increased 85% year-over-year, VTS reported. The firm’s first-ever report on the AI sector… Read more
Deal for Shuttered San Francisco Centre Collapses as Buyers Walk Away
The sale of the now-vacant San Francisco Centre has fallen through as developers Prado Group and Presidio Bay Ventures have… Read more
Anthropic Leases Entire Hudson Square Building in Major NYC Upsizing
San Francisco-based Anthropic has leased the entirety of AEW Capital Management’s 330 Hudson St. in Hudson Square in a major… Read more
Law Firms, AI Company Sign Leases at Elecor’s One Market Plaza
Elecor Properties, rebranded from Paramount Group, has secured four leases totaling 149,914 square feet at the two-building One Market Plaza in… Read more
San Francisco Hospitality Group Divests Boutique Hotel in Japantown
CBRE recently arranged the $7.3-million sale of Sutter Mansion, a 12‑key boutique hotel at 1409 Sutter St. in San Francisco’s Japantown/Pacific Heights area, to… Read more