San Francisco
Capital One Commits $125M to Blackstone Acquisition
Capital One Financial Healthcare Solutions, headquartered in Bethesda, MD, committed $125 million, and operated as joint lead arranger and joint… Read more
“Tech Tax” Proposed in San Francisco
San Francisco is considering a “tech tax” that would levy a 1.5% payroll tax on technology companies to help fund… Read more
JLL Skyline Report: Trends Shaping California’s Skylines
JLL just released its annual Skyline Report, which analyzes the Best of the Best office properties in 52 markets across the U.S. Connect… Read more
Blackstone Acquires Market Center
New York-based Blackstone Real Estate Partners acquired Market Center, a 753,000-square-foot, two-building asset for an undisclosed sum from John Hancock Real… Read more
ASB Acquires Market Street Asset for $141.5M
Bethesda, MD-based ASB Real Estate Investment acquired 799 Market Street, a Class A office building in San Francisco, from Atlanta-based… Read more
Airbnb Sues San Francisco Over Unregistered Hosts
Airbnb is suing San Francisco over a law the home sharing company once helped pass, which now requires the company… Read more
George Lucas’ $700M Museum May Come to California
George Lucas is back scouting California sites for his $700-million science fiction museum. The creator of “Star Wars” cited “seemingly… Read more
SF Financial District Office Asset Acquired for $255M
An investment subsidiary of Beijing, China-based HNA Ecological Technology Group Co., Ltd., acquired 123 Mission St., a 28-story office building… Read more
Hines Team Takes Last Transbay Dev Site for $160M
A joint-venture that includes Houston-based Hines, San Francisco-based Urban Pacific Development LLC and Goldman Sachs Group Inc.’s Broad Street Principal… Read more
A First for Uber, Expansion into Peninsula via $68M Lease
Uber Technologies Inc. expanded into Palo Alto, CA with a 140,000-square-foot lease at Stanford Research Park, valued at $68 million.… Read more
Starwood Places $1.2B Mall Portfolio on Sales Block
Starwood Capital Group has reportedly hired Eastdil Secured LLC to broker a seven-mall portfolio acquired from Westfield Corp. in 2012.… Read more
Savills Studley Completes $229M Mira Mesa Retail Deal
Savills Studley’s National Retail Services Group represented the sellers of two trophy Southern California shopping centers, one located in San… Read more
WeWork Expanding Again in The City?
New York-based WeWork, the co-working space giant, is reportedly in negotiations to open another location in San Francisco, marking its… Read more
Demandware Expands HQ After Salesforce Acquisition
Demandware plans to expand at its 5 Wall St. headquarters in Burlington, MA by as much as 55% by July… Read more
TruAmerica Acquires Multifamily Complex in Off-Market Transaction
Los Angeles-based TruAmerica Multifamily partnered with MSD Capital, L.P. to add to its 1,000-unit multifamily portfolio in the Bay Area.… Read more
Connect LA Recap: What You Need to Know to Get Deals Done
By Dennis Kaiser Connect Los Angeles brought together nearly 500 CRE leaders last week for an information-packed conference in DTLA.… Read more
Construction Costs Climbing, CBRE Report Reveals Reasons
Construction costs continue to rise across the nation due to limited labor supply, increased multifamily development, and rising materials costs.… Read more
Zenefits 2.0 Restructures, Cuts Another 9% of Workforce
San Francisco-based Zenefits is cutting 106 workers, shuttering its Arizona sales office and offering separation agreements for others as part… Read more
What Makes a City Favorable?
There are many things to consider when moving to a new city. To find out what aspects matter most, Abodo… Read more