San Francisco
CBRE Arranges Refi on Tracy Industrial for Trammell Crow
CBRE secured $70.2 million in financing for Tracy 205 Logistics Center on behalf of Trammell Crow Company (TCC). The firm’s Mike Walker and Brad Zampa on… Read more
San Francisco’s Alhambra Apartments Trade to Private Investor
Marcus & Millichap arranged the sale of the Alhambra Apartments, a 41-unit apartment property located at 860 Geary St. in San Francisco. The… Read more
Return to Lender: Week of March 20, 2025
CLARIFICATION: As reported by Connect CRE on March 13, Morningstar Credit initially cited “monetary term default” as the cause behind… Read more
Swig Adds Two Tenants at SOMA Office Property
The Swig Company signed leases with two new tenants at 501 Second St., a Class A office property in San Francisco’s SOMA neighborhood.… Read more
California People and Company News, Week of March 14, 2025
Don’t miss Connect Orange County, coming up on Thursday, March 20th at the Hyatt Regency Irvine. Register to join OC’s leading CRE names… Read more
Office Foot Traffic Slows in February 2025
Return-to-work mandates seem to be increasing, with many government and private sector workers directed to return to the office full-time.… Read more
Blue Bottle Coffee, Sweetgreen Join Tenant Roster at Mission Rock
Mission Rock Partners, a collaboration of the San Francisco Giants and Tishman Speyer, has signed new leases with Blue Bottle… Read more
Bay Area Ranks as Global Hub for GenAI
For generative artificial intelligence (GenAI), the Bay Area is the true hub, Cushman & Wakefield said in a newly released… Read more
Mystery Buyer Close to Deal for $725M of San Francisco Hotel Debt
A mystery buyer has apparently agreed to buy $725 million in debt on two of San Francisco’s largest hotels, reported the San… Read more
Databricks Relocates San Francisco Headquarters to One Sansome
PGIM Real Estate and Barker Pacific Group (BPG) said Thursday that Databricks Inc., the data and AI company, has signed… Read more
Return to Lender: Week of March 6, 2025
Granite Point Mortgage Trust has taken title to the 140,000-square-foot Lincoln Place office and retail property in Miami Beach, Trepp… Read more
Arthur J. Gallagher to Acquire Woodruff Sawyer for $1.2B
Arthur J. Gallagher & Co., an insurance brokerage headquartered in Rolling Meadows, Illinois, has agreed to acquire Woodruff Sawyer, a San… Read more
Newmark Adds Multifamily Team from Eastdil for Western U.S.
Newmark said Wednesday it had hired multifamily advisors Joseph Smolen, Geoff Boler, Will Purcell, Jonathan Merhaut, Lee Redmond, Eve Loecher… Read more
Grosvenor Launches Solar Arrays at Two San Jose Properties
Grosvenor has launched solar power arrays at two of its office properties in San Jose. The installations represent the latest… Read more
Net-Leased Emeryville Data Center Comes to Market
Starboard CRE, reportedly the largest, independently owned commercial real estate firm in San Francisco, has listed 6440 Shellmound St. in… Read more
CAA: Office-to-Apartment Conversions Accelerate in LA, San Francisco
Office-to-apartment conversions in California are accelerating, especially in Los Angeles and San Francisco, as developers seek to address housing shortages… Read more