San Francisco
JLL Names First-Ever Chief Technology Officer
JLL has named San Francisco-based Yao Morin as the company’s first-ever chief technology officer. Morin, who joined JLL Technologies (JLLT)… Read more
Grosvenor Donates DC Retail Space for Pop-up Bookstore
Grosvenor, a property owner and developer, has donated a retail unit in Washington, D.C., to be used as a pop-up… Read more
Pacific Workplaces Signs 10-Year Renewal in Pleasant Hill
Pacific Workplaces, the San Francisco-based flexible office space provider with 18 locations, has renewed its 14,090-square-foot lease for 10 years… Read more
Less Use and Increased Vacancies Mean “Zombie” Office Buildings
It’s no secret that the office sector continues to experience its share of challenges. The combination of higher vacancy rates/lower… Read more
Prologis Seeks Solar Providers for California Portfolio
San Francisco-based logistics giant Prologis has enlisted Station A to host a Request for Quotes (RFQ) to identify regional solar… Read more
Eviction Moratoria Still on the Books in Major California Cities
A handful of California cities still enforce laws protecting tenants from eviction or rent increases, extending pandemic-era policies that most… Read more
Legislation Advances to Combat Downtown San Francisco Vacancies
The San Francisco Planning Commission has unanimously approved a package of legislation to help fill vacant space in the Downtown… Read more
NYC Continues to Top List of U.S. Cities with Highest Taxes
The latest ranking of U.S. office assets with the highest property taxes shows that, as expected, New York City dominates… Read more
Nordstrom Closing Both Downtown San Francisco Stores
Nordstrom plans to close its 312,000-square-foot department store at the Westfield San Francisco Centre in August, citing changing dynamics downtown,… Read more
Monarch Alternative Capital Expands Hospitality Portfolio Through Loan Purchases
Monarch Alternative Capital has added two properties to its hospitality portfolio through the purchase of non-performing mortgage loans on the… Read more
Brookfield CEO Steers Clear of San Francisco Office Development
Bruce Flatt, the CEO of Brookfield Asset Management, says the company would not develop a new office building in San… Read more
Wells Fargo, T.D. Jakes Partner on Inclusive Communities
Wells Fargo & Company and the T.D. Jakes Group, which includes T.D. Jakes Real Estate Ventures, LLC, TDJ Enterprises and… Read more
Seattle Lags Other Major Markets in Office Demand Recovery
Seattle and Chicago represented the exceptions to the rule in VTS’ latest VTS Office Demand Index (VODI). Whereas five of… Read more
Office Space Demand Shakes Off the Winter Doldrums
Springtime office demand got off to an especially strong start in March following the slower winter months, VTS reported. According to… Read more
Tacoma Apartments Trade in City’s Second Sizable Deal This Month
The 131-unit Caesar’s Luxury Apartments in the north end of downtown Tacoma has sold for $35.4 million. The Puget Sound… Read more
Sack Properties Rebrands as Sack Capital Partners
Founded in 1958, San Francisco-based real estate firm Sack Properties will launch its next growth chapter under a new flag,… Read more
Understanding Cap Rates and Using Them in Investment Decisions
What Is the Capitalization Rate? It’s a metric you come across frequently if you read about commercial real estate transactions:… Read more
First Building Delivers in Alameda Marina Master Plan Development
Pacific Development and joint venture partner PGIM Real Estate have delivered the first building in the larger Alameda Marina Master… Read more
Tishman Speyer, Giants Debut First Tower at San Francisco’s Mission Rock MXU
The Mission Rock development team, a partnership between the San Francisco Giants and Tishman Speyer, has commenced leasing at The Canyon, a… Read more