San Francisco
Kennedy Wilson Taps Bruce Carlson for Bay Area Leadership Role
Beverly Hills, CA-based Kennedy Wilson hired Bruce Carlson as managing director of property services, with a focus on expanding the… Read more
San Francisco Introduces New COVID-19 CRE Cleaning Standards; Mayor Pauses Reopening
An emergency Healthy Buildings Ordinance was introduced by a trio of San Francisco supervisors last week that would require office… Read more
HelloOffice Raises $20M in Fundraising Round
San Francisco-based HelloOffice raised a $20 million Series A round of financing. Point Ventures led the investment round with participation… Read more
Vornado Weighs Recap Options on Towers in NYC, SF
Vornado Realty Trust said Tuesday it had initiated a process to explore options to recapitalize a Midtown Manhattan office tower… Read more
Charting the COVID-19 CRE Market with Clear Vision
By Dennis Kaiser A familiar storyline is emerging as the COVID-19 pandemic unfurls this spring that uncannily runs in a… Read more
Kilroy Named NAIOP 2020 Developer of Year
NAIOP selected Los Angeles-based Kilroy Realty Corporation as the 2020 Developer of the Year, the association’s highest honor. The award… Read more
Gantry Secures $33M for Pair of East Bay Buildings
Gantry, Inc. secured $33,300,000 in permanent financing for two adjacent buildings in San Francisco’s East Bay. The assets include a… Read more
California Commercial Evictions Moratorium Bill Fails
California SB 939 failed to advance from the Senate Judiciary Committee on Thursday. The bill would have placed a moratorium… Read more
San Francisco MF Rents Reverse Course, Record Regression Reported
New research shows the multifamily sector in key U.S. markets is starting to reflect the challenges of a COVID-19 induced… Read more
San Jose City Council Approves Jay Paul’s 3.8M-SF CityView Development
Jay Paul Co.’s proposed CityView Plaza redevelopment in downtown San Jose received an approval to proceed from the City Council.… Read more
Kidder Mathews Adds Jim Walker to Bay Area Team
Jim Walker joined Kidder Mathews’ San Francisco office as a vice president, specializing in office leasing in the Bay Area.… Read more
New California Bill Would Allow Tenants to Live Rent Free for Years
A new bill introduced in the California Legislature last week would force landlords to defer rents for 15 months after… Read more
Starbucks’ Transformation Plan Includes Closing 400 Stores, Adding Pickup Options
Seattle-based Starbucks plans to accelerate the transformation of its store portfolio in the U.S. through the integration of the physical… Read morePG&E Relocating to Oakland After More Than 100 Years in San Francisco
San Francisco-based TMG Partners entered into a long-term lease with PG&E to relocate PG&E’s headquarters to 300 Lakeside in Oakland… Read more
Bay Grove Snags Cold Storage Portfolio for Reported $100M
JLL Capital Markets closed the sale of a three-property cold storage portfolio totaling 712,051 square feet in Chicago and its suburbs. The firm’s… Read more
Charles Schwab’s $26B Acquisition of TD Ameritrade Approved, HQ Relocation to Texas Advances
San Francisco-based Charles Schwab’s $26-billion acquisition of TD Ameritrade received Justice Department antitrust clearance on Thursday. Shareholders of both companies… Read more
Cush Claims North Scottsdale Office Asset for $30M
San Diego-based Cush Enterprises acquired Perimeter Parkview Corporate Center in north Scottsdale for $30 million or roughly $286-per-square-foot. The seller… Read more
Prado Group Expands into Pacific Northwest
Prado Group hired Bridgett McCormick as its new Acquisitions Manager for the Pacific Northwest. McCormick previously worked at Prado Group… Read more
California Governor Continues to Transition Stay-Home Orders with New Modifications
California Governor Gavin Newsom issued new guidance on Tuesday that allows barbershops and hair salons to immediately reopen in counties… Read more