San Francisco
SJP Snags Two Full-Floor Tenants for 470 Park Ave. South
SJP Properties has signed full-floor leases with two industry-leading firms, Anchorage Digital and a publicly traded REIT specializing in life… Read more
Bay Area Life Sciences Conversion Rate Jumps 266%
In a new report from CBRE, the San Francisco Bay Area saw a 266% year-over-year jump in office-to-lab conversions in… Read more
JLL Brokers Trophy Office Building Sale in Westlake Village
A highly desirable creative office building in Westlake Village, CA has been sold to the Harkham Family for $35 million… Read more
Luxury Wellness Retreat Opens in Napa Valley
Stanly Ranch, a new high-end, high-tech wellness and lodging compound from Auberge Resorts Collection has debuted at the south end… Read more
CBRE Arranges $71M Office Building Sale in San Francisco’s SOMA District
The CBRE Capital Markets team has announced the $71 million all-cash sale for a South of Market (SOMA) creative office… Read more
Ripple Leases 125,000 Square Feet in San Francisco’s Jackson Square
TMG Partners and Invesco Real Estate have closed the lease transaction with cryptocurrency solutions company Ripple Labs, Inc. at 600… Read more
Cushman and Wakefield Arranges Cryptocurrency Lease in Downtown San Jose
In an agreement that bolsters a vacancy-plagued office market, cryptocurrency company Okcoin has leased 35,000 square feet of office space… Read more
Timberlane Boosts Boutique Hotel Portfolio; Acquires Two in Carmel-by-the-Sea
Timberlane Partners has purchased a pair of boutique hotels in Carmel-by-the Sea, the Hideaway and the Getaway, totaling 58 rooms… Read more
SHVO Unveils Renovation Plans for Three Transamerica in San Francisco
SHVO and architects Foster + Partners continue the remake of the Iconic Transamerica Pyramid Center with an expansion and upgrade… Read more
U.S. Office Sublease Inventory Declines for Third Consecutive Quarter
U.S. office sublease inventory declined for the third straight quarter and is now 7.6% below its peak in the second… Read more
Industrial Specialist Terrano Realty Acquires Property in Newark, NJ for $17M
Industrial property specialist Terreno Realty Corporation, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial… Read more
NYC Hotels Projected to Lose $2.5B in Business Travel Revenues This Year
U.S. hotel business travel revenue is projected at 23% below pre-pandemic levels in 2022, ending the year down more than… Read more
Meridian Arranges $84M Acquisition Loan on Vacaville Power Center
(Updated with additional information) Meridian Capital Group arranged $84 million in acquisition financing for Nut Tree Plaza, a lifestyle power… Read more
Newmark Secures Half Dozen New Leases at Mill Valley Offices
Newmark has arranged six new leases totaling 60,000 square feet at 100 Shoreline, a Class A two-building office complex in… Read more
Seattle Apartment Rent Growth Leads State and National Averages
Seattle apartment rents increased 1.0% between February and March, and have increased sharply by 18.9% from a year ago, Apartment… Read more
Hudson Pacific Launches Impact Investing Platform to Benefit Women, People of Color
Hudson Pacific Properties, Inc. has launched EquiBlue, an impact investing platform that seeks to leverage commercial real estate to provide… Read more
Terreno Grows Seattle Presence with Redmond Warehouse Deal
Terreno Realty Corporation recently acquired an industrial property located in Redmond, WA for approximately $9.8 million. The seller wasn’t disclosed. … Read more
SF Giants, Tishman Speyer Top Off Mission Rock’s First Resi Tower
Mission Rock Partners, a joint venture between the San Francisco Giants and Tishman Speyer, joined general contractor Swinerton to celebrate… Read more
California’s Metro Areas Still Lag National Jobs Recovery
California’s major metropolitan regions have continued to recover the jobs lost during the pandemic-driven recession although, with one exception, they… Read more