San Francisco
Pulte Picks Up Former San Mateo Office Park for $106M, Plans New Development
An 11-acre parcel between San Francisco and the Silicon Valley was purchased by Pulte Homes for redevelopment into One 90,… Read more
Historic San Francisco Building Claimed by CBRE Global Investors for $140M
A fund sponsored by CBRE Global Investors acquired 123 Townsend Street, a historic office building in San Francisco from Vermont-based… Read more
CBRE Wins Chase Bank Portfolio Assignment from MetLife
Los Angeles-based CBRE won the assignment to market a portfolio of 16 current and former Chase Bank retail properties throughout… Read more
Colliers Brokers Close Eight MF Deals in San Francisco for Nearly $50M
Colliers International’s San Francisco multifamily brokers closed eight transactions totaling more than $48 million in Q2. The properties are situated… Read more
Dignity Health Buys 28 Acres at PCCP’s Folsom Ranch
San Francisco-based Dignity Health acquired 28 acres at PCCP’s Folsom Ranch Corporate Center in the Sacramento region for an undisclosed… Read more
San Francisco’s “Healthy Buildings” Ordinance Costly for CRE Owners to Implement
The San Francisco Board of Supervisors is set to vote into law what CRE industry leaders say is a redundant… Read more
WeWork, Columbia Cancel Full-Building Lease in Midtown South
Columbia Property Trust and WeWork mutually agreed to terminate WeWork’s lease at Columbia’s 149 Madison Ave. The two companies announced… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
Golden Gate Capital Acquires Mt. Laurel Portfolio
CBRE arranged the sale of the six-building Greentree North Corporate Center and 1001 Briggs Rd. in Cambridge Crossing, totaling 244,000… Read more
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