San Francisco
BH Properties Acquires Hazard Center Mixed-Use in Mission Valley
BH Properties has continued a streak of acquisitions with the purchase of Hazard Center, a 405,250-square-foot mixed-use campus in San… Read more
$3B Data Center Slated for Mesa
Novva Data Centers plans to build a 300MW data center campus on 160 acres of land outside of the 202… Read more
Alamo Drafthouse Poised to Take Over Shuttered Bay Area Cinemas
Alamo Drafthouse Cinema is poised to take over two Bay Area theatre locations that went dark last month, according to… Read more
Newsom Awards Nearly $800M for Affordable Homes, Infrastructure Improvements
California Gov. Gavin Newsom said Friday the state would award nearly $789.8 million in cap-and-trade funds for 24 projects throughout California to… Read more
California People and Company News, Week of August 23, 2024
We’re adding executive-level openings to our Friday California Weekly People & Company News. Please send entries for consideration to [email protected]. Read more
San Francisco Airport Launches $2.6B Expansion of Terminal 3
San Francisco International Airport (SFO) has launched the $2.6-billion Terminal 3 West Modernization project to renovate the existing 650,000-square-foot western… Read more
KKR Snaps Up National Industrial Portfolio for $377M
KKR said Monday afternoon it had acquired a portfolio of six well-located, Class A industrial logistics properties in major U.S.… Read more
Tech Firm WalkMe Subleases from Salesforce in San Francisco
Israeli tech firm WalkMe Inc. is moving its U.S. headquarters to Kilroy Realty’s 350 Mission St. as it prepares to… Read more
Mixed-Use Owned by San Francisco Tech CEO Comes to Market
Colliers has listed what the firm describes as an architecturally unique mixed-use building situated in the Duboce Triangle neighborhood of… Read more
FiDi Office Tower Poised to House 800 Apartments
San Francisco-based asset manager TPG and New York City-based developer GFP Real Estate plan to convert 222 Broadway in Lower… Read more
Culver City Creative Offices Land $21M Takeout Loan
Gantry secured a $21.4-million construction takeout loan for a two-building creative office project, located at 3520-3524 & 3512-3516 Schaefer St.… Read more
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