San Francisco
Salesforce Tower Officially Reopens to Vaccinated Employees
Salesforce’s headquarters and largest presence, Salesforce Tower, along with its office in Irvine, are now officially reopened after a year-long… Read more
Midsize Cities May Lead the Charge in the Recovery
While the pandemic-fueled flow of jobs and residents out of New York, San Francisco and other large coastal cities will… Read more
Visionary Architect Art Gensler Passes Away
Art Gensler, an architect and visionary who propelled a small practice into one of the largest firms in the industry,… Read more
Vornado Realty Completes $1.2B Refi of 555 California
Vornado Realty Trust recently completed a $1.2 billion refinancing of 555 California St., a three building 1.8 million-square-foot office campus… Read more
LAZ Acquires Serco Parking Services
LAZ recently acquired Los Angeles-based Serco Parking Services, the parking enforcement and parking meter management services of Serco Inc. Serco… Read more
Jamestown Sets Course for Levi’s Plaza to be Carbon Net Zero
Jamestown will invest in a clean energy transition at Levi’s Plaza to reach net zero carbon operations by 2025. The… Read more
Agile Workspace is Now “a Requirement for Major Landlords and Corporations Alike”
While demand for agility in office space selection increased in 2020, the average flexible workspace requirement size decreased by 29%,… Read more
Thoma Bravo Inks 37K-SF Office Lease at 830 Brickell in Miami
San Francisco-based private equity firm Thoma Bravo has signed a 36,500-square-foot office lease at 830 Brickell, a 55-story class A… Read more
Presidio’s Eleven-Eighty Old Mason Hits the Market in 2022
A unique leasing opportunity will be available next year at Eleven-Eighty Old Mason Street, located along Crissy Field with immediate… Read more
Beleaguered Hilltop Mall Gets New Lease on Life
San Francisco’s Prologis recently purchased the sparsely populated 78-acre Hilltop Mall in Richmond for $117 million, finally taking the retail… Read more
DivcoWest and Atlas JV Looks to Invest $250M in SFRs
Atlas Real Estate recently entered into a joint venture partnership with San Francisco-based DivcoWest to invest $250 million of equity… Read more
Multifamily’s Recovery from Pandemic Shows Bifurcation by Market
Multifamily performance has rebounded quickly from the pandemic slowdown, but there are exceptions in urban gateway metro submarkets. A study… Read more
Deurbanization Means Two Different Things in Charlotte and San Francisco
On the question of office workers returning to the office as the economy reopens, Green Street’s view is that about… Read more
Multifamily Webcast hosted by Institutional Property Advisors (IPA): Apartment Fundamentals Healthy, Likely to Get Boost from Surging Job Growth
With their outlays historically under-allocated to commercial real estate generally, institutional investors’ focus on the apartment sector will, if anything,… Read more
Newport Harbor Med Plaza Sets New High-Water Mark
The $41 million sale of Newport Harbor Medical Plaza in Newport Beach (approximately $1,367 per-square-foot) sets a new high-water mark… Read more
Tishman Speyer Adds 700K SF to Substantial Bay Area Footprint
Tishman Speyer recently acquired a four-building class-A office campus on Crossman Drive in Sunnyvale. It currently serves as the headquarters… Read more
Salesforce Set to Reopen Tower in May
Salesforce has reached another important milestone on the COVID journey: reopening its offices around the world. Its first U.S. office… Read more
SOMA PDR Redevelopment Locks in $52M in Construction Financing
Construction financing of more than $50 million was recently secured for the Maclac Building, a five-story 108,161 net-rentable-square-foot PDR-zoned redevelopment… Read more
$166M Financing Launch Propels The Launch
Debt and joint venture equity has been secured for the development of The Launch, a 368-unit waterfront multifamily community in… Read more