San Francisco
Equity Buys Four DFW Rental Communities
Equity Residential is acquiring 11 apartment communities from Blackstone Real Estate for $964 million. The purchase totals 3,572 apartments, with… Read more
X Will Shut Down San Francisco Headquarters Within Weeks
X, the social media platform formerly known as Twitter, will close its San Francisco offices, according to published reports. CEO… Read more
JPMorgan Expected to Further Downsize First Republic’s Office Footprint
JPMorgan Chase is expected to further reduce its footprint at One Front Street in San Francisco more than a year after… Read more
Tolles Obtains $114M Refi for Reno Commerce Center
CBRE arranged $114 million in financing for the Airway Commerce Center in Reno on behalf of Tolles Development Company. CBRE’s Mike… Read more
Banks See More Office Loans at Risk of Default
Bank data from the first quarter of 2024 show the percentage of criticized loans — meaning those at greater risk… Read more
Hamilton Zanze Acquires Kansas City Apartment Building
Hamilton Zanze, a San Francisco-based real estate investment firm, has purchased Crossroads Westside, a 222-unit apartment community in downtown Kansas… Read more
BKM Acquires Hayward Industrial with “Tremendous” Value-Add Potential
BKM Capital Partners, a vertically integrated institutional fund manager, has acquired North Cabot Industrial Park in Hayward from a nonprofit… Read more
Columbia Property Trust Inks Four Direct Leases at 650 California
Columbia Property Trust, Inc. has signed four lease agreements for a total of 78,962 square feet at 650 California St., its 33-story office… Read more
Ai2 Signs Lease as First Office Tenant at New Lake Union Campus
Allen Institute for AI, or Ai2, a Seattle-based non-profit AI research institute founded by philanthropist and Microsoft co-founder Paul Allen,… Read more
Atlas Capital Lands Nearly $1B Loan for Riverfront Apartment Project
Atlas Capital Group secured a $985-million construction loan to build two Lower Manhattan apartment towers at 80 Clarkson St. which… Read more
Just What IS the Best-Performing Retail?
This is the third in a five-part series about the commercial real estate retail sector. The first two articles, “Understanding… Read more
Commercial Real Estate is . . . People
When seeking out the best commercial real estate opportunities, investors examine many factors. These include pro formas, supply, market and… Read more
Brookfield Gets Green Light for Stonestown Galleria Redevelopment
The San Francisco Board of Supervisors has unanimously approved plans by Brookfield Properties to transform underutilized parking lots surrounding the… Read more
Elon Musk Moving X, SpaceX Headquarters to Texas from California
Billionaire entrepreneur Elon Musk said Tuesday he is moving the headquarters of two of his companies, X Corp. and SpaceX,… Read more
Cushman & Wakefield Arranges Deal for Chicago’s First Padel Location
Cushman & Wakefield has secured a 30,000-square-foot building at 219 N. Paulina St. for Padel Chicago LLC, which will house… Read more
X Corp. Taps JLL to Market “Excess” Space at San Francisco Headquarters
JLL has been hired to list “excess” space at X Corp.’s San Francisco headquarters for sublease, reported the San Francisco Business… Read more