San Francisco
PG&E Poised to Buy Oakland Headquarters Building
PG&E Corp. will exercise an option to purchase its 910,000-square-foot headquarters building in Oakland, the San Francisco Business Times reported.… Read more
JV Pays $84M for Newly Built San José Apartments
Cushman & Wakefield arranged the sale and debt acquisition financing for Vespaio, a 162-unit Class A multifamily community located at… Read more
Mueller’s Final Phase Takes Off in January
The third and final phase of construction for an office district within the Mueller community is set to begin early… Read more
Weekly People & Company News
Beginning this week, Connect CRE California will provide a roundup of hiring, promotion and company news from across the state… Read more
San Francisco Art Institute Campus Comes to Sale Market
Cushman & Wakefield has been retained to sell the historic San Francisco Art Institute campus at 800 Chestnut St. in San… Read more
Austin Office Vacancy Rate on Rise
Nationwide, Austin had the biggest year-over-year spike in office vacancy through April, rising 590 basis points and hitting 22.0 percent.… Read more
Mission Rock MXU Tops Out on Final Tower of Phase I
The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San Francisco,… Read more
Nonprofit SupplyBank.org Plans Office, Warehouse Facility in Oakland
Oakland nonprofit SupplyBank.org, which distributes essential supplies to under-resourced populations, is moving forward with plans to build a mixed-use complex… Read more
Prologis Acquires $3.1B of Blackstone Industrial
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with… Read more
Holey-Moley: A New Mini-Golf Concept to Open in Austin
An iconic Austin combo hostel, bar and event venue, Native, will be replaced by a Holey Moley mini-golf course. The… Read more
Tishman Speyer, San Francisco Giants Open First Tower at Mission Rock MXU
The Mission Rock Partners development team, a collaboration of the San Francisco Giants, Tishman Speyer and the Port of San… Read more
Report: Investors Turning Away from Urban Core Bonds
At one time, central business districts and downtown areas were considered “a mother lode for American cities over the years,”… Read more
San Francisco Office Towers Go Under Contract at Steep Discounts
At least three San Francisco office buildings that were re-listed at heavy discounts after failing to achieve asking prices in… Read more
Bell Partners Closes Eighth Value-Add Fund at $1.3B
Bell Partners Inc. has closed its Value-Add Fund VIII at a hard cap of $1.3 billion in equity commitments from a range… Read more
BPM, JLL Announce Two Leases at Downtown Portland’s Mixed-Use
BPM Real Estate Group announced that its new 35-story Block 216 mixed-use property in Portland’s West End neighborhood signed leases… Read more
Gantry Arranges $8M Financing on Low-Rise San Francisco Offices
Gantry has secured $8.2 million of permanent financing for a brick-and-timber office building located at 499 Jackson St. in San… Read more
HFO Coordinates $19M Sale of Portland MF Portfolio
HFO Investment Real Estate, a leading Pacific Northwest multifamily real estate brokerage firm, completed the sale of two prime multifamily… Read more
Westfield, Brookfield Handing Over Keys to San Francisco Centre
Unibail-Rodamco-Westfield (URW) and Brookfield Properties are preparing to hand over control of Westfield San Francisco Centre, the 1.2-million-square-foot shopping center… Read more