San Francisco
Nintendo to Open Second U.S. Store in San Francisco
Nintendo of America on Friday announced plans to open an official store in San Francisco’s Union Square. With a 2025… Read more
Migration Trends: Where Are the Hot Spots?
Though populations aren’t necessarily fleeing people-packed, highly dense areas in the droves they did during the height of the pandemic,… Read more
Redco Acquires 300 California in Downtown SF at Steep Discount
Redco closed its acquisition of 300 California St. for $28.5 million, reported the San Francisco Business Times. It’s the second… Read more
City of Oakland to Sell Its Stake in Coliseum to AASEG
The City of Oakland on Wednesday announced a tentative deal to sell its half of the Coliseum site to a development group… Read more
Median Apartment Rents Post Ninth Consecutive Y-O-Y Decline
The median asking rent nationally for 0-2 bedroom apartments declined -0.7% year-over-year from April 2023 to $1,723 and declined across all… Read more
California Bill to Establish Tenants’ Rights Office Fails to Advance
A bill that would have created a state-level Office of Tenants’ Rights and Protections in California failed to advance from… Read more
NAIOP SoCal’s Eric Paulsen: Political Apathy is Costing the CRE Industry Billions
NAIOP SoCal President and Kidder Mathews regional president Eric Paulsen recently sounded the alarm on the lack of commercial real… Read more
Report: Five Lab Sector Trends Point to Opportunity
Life sciences real estate has struggled in recent years due to falling demand, increased deliveries of space and a decline… Read more
Nvidia Acquires Silicon Valley Headquarters for $374M
Chipmaker Nvidia, now valued at $2.3 trillion, has acquired the majority of its Santa Clara headquarters for $374 million. The… Read more
Special Servicing Rate for CMBS Tops 8% for First Time Since 2021
The Trepp CMBS Special Servicing Rate rose 80 basis points in April to reach 8.11%. This marks the largest monthly… Read more
Avatar Financial Group Hires Richard Caldwell as Director
Seattle-based Avatar Financial Group, a national bridge lender for commercial real estate, has hired Richard Caldwell as Director of Originations.… Read more
Balfour Beatty Reaches Milestone on Caltrain Electrification
Balfour Beatty has achieved substantial completion on the Caltrain Electrification project, reportedly the first undertaking in North America to transition diesel… Read more
Stockbridge Pays $142M for Ontario Warehouse Portfolio
Stockbridge has acquired a core industrial portfolio totaling 540,478 square feet in Ontario, within the Inland Empire West industrial submarket.… Read more
The RO Set to Break Ground in Houston
It’s been seven years in the making, but Transwestern will begin construction next month on The RO (pronounced row), a… Read more
Retailing Veteran Greg Sullivan Joins BH Properties as Managing Director
Los Angeles-based BH Properties has named retail expert Greg Sullivan managing director of the company’s Retail Properties Division. Sullivan comes to BH Properties from Brookfield Properties, where he… Read more
Yes SF Coalition, Red Bay Coffee to Share Space at Swig’s 220 Montgomery
The Swig Company finalized a new lease with the San Francisco Chamber of Commerce as part of a space-sharing arrangement… Read more
Brookfield Wins Planning Commission Approval for Stonestown Revamp
Brookfield Properties’ redevelopment plan for the Stonestown Galleria shopping mall won unanimous approval from the San Francisco Planning Commission. Reportedly… Read more
