San Francisco
Autonomous Vehicle Startup Leases 210K SF with Hines
Amazon-owned self-driving vehicle startup Zoox. Inc. is establishing a presence in Hayward, according to the San Francisco Business Times. The… Read more
Capgemini Downsizes Office Footprint in Move to Tishman Speyer’s Mission Rock
Global tech firm Capgemini America Inc., a longtime tenant of San Francisco’s SoMa neighborhood, will consolidate its workforce into The Canyon,… Read more
UC Berkeley Moves Ahead with 1,400-Bed Student Housing
The University of California Board of Regents has approved more than $7 million in predevelopment funding Thursday for the latest… Read more
California People and Company News for Sept. 22, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
San Jose Outperforms on Apartment Rent Growth
San Jose’s average-quality apartment rents jumped by 4.8% in the first half of 2023, the second-highest growth among the top… Read more
Return to Lender: Week of Sept. 21, 2023
As part of our expanded coverage of distressed assets, Connect CRE is introducing a new weekly feature, “Return to Lender.”… Read more
Pacific Workplaces Expands to Cupertino
Pacific Workplaces, a San Francisco-based coworking company and hybrid work solutions provider, will open a new flex office space at 10080… Read more
Over 550 NY Office Buildings Fit for Conversion
Researchers from Columbia University and New York University have identified more than 550 office buildings in New York City that… Read more
Worthe, Stockbridge Close $480M Financing for Warner Bros. Ranch Lot Redevelopment
Worthe Real Estate Group and San Francisco-based investment firm Stockbridge closed on $480 million in financing, kicking off construction on the largest sound… Read more
Allen Matkins Adds Co-Leader for Contaminated Sites Practice
Stuart I. Block has joined Allen Matkins as a partner in its Land Use, Environmental, and Natural Resources Group, in the… Read more
SF Mayor Breed Signs Housing Stimulus Plan into Law
San Francisco Mayor London Breed signed the Housing Stimulus and Fee Reform Plan into law. The plan temporarily reduces inclusionary housing requirements… Read more
California People and Company News for Sept. 15, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Another Use for Abandoned Office Space: Satellite Campuses
Pictured: ASU’s Downtown Los Angeles campus. Photo courtesy of Arizona State University There’s been plenty of thought dedicated to this… Read more
Lendlease Names Americas Development Lead in San Francisco
Lendlease has appointed Meg Spriggs to the role of managing director of development for the Americas, effective Oct. 1. Currently… Read more
CMBS Distress Rate Rises for Top 20 SMSAs
The distress rate for CMBS loans across the 20 largest markets in August was 7.2%, slightly above the national CMBS… Read more
Lift Partners Pay $30M for M3 Business Center
Tukwila’s M-3 Business Park, at 1001-1061 Andover Park E., sold for $30 million to San Francisco-based investment company Lift Partners.… Read more
California People and Company News for Sept. 8, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Partner Valuation Advisors Names West Coast Managing Director
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, has added Phillip Hanshew as managing director in San… Read more
Swig, SKS Finalize Deal for 350 California in San Francisco
The Swig Company and SKS Partners completed the purchase of 350 California St., a Class A office tower in San Francisco’s Financial… Read more