San Francisco
Prologis: COVID-19 Could Drive 400M SF of New Supply Chain Logistics Demand
The latest research by San Francisco-based Prologis on COVID-19 and its implications for logistics real estate breaks down what may… Read more
Remote Work Could Spur Move to Exurbs and Secondary Cities
CRE industry members have wondered aloud what the advent of stay-at-home orders will mean for office use in the long… Read more
Biotech Firm Takes Nearly 100K SF at Alexandria District in San Carlos
Allakos Inc. committed to 98,133 square feet of pre-lease space at Alexandria Real Estate Equities’ The Alexandria District in San… Read more
IQHQ Enters South San Francisco Market with Key Life Science Development Site Buy
San Diego-based IQHQ, Inc. acquired South City Station, a nearly two-acre life science development site in South San Francisco, from… Read more
Marcus & Millichap Closes Concord MF Deal for Nearly $27M
The Lakes, a three-story, 102-unit garden-style multifamily asset in Concord, CA, sold for $26.8 million. The three-building complex was constructed… Read more
Carmel Partners’ Cumulus District Nears Completion on Westside
San Francisco-based Carmel Partners continues to make progress toward the delivery of Cumulus District, a 11-acre transit-oriented, living and retail… Read more
Common Launches Brand for Workforce Renters
Co-living developer Common has launched its new workforce housing brand, Noah Living, in partnership with Outlier Realty Capital. The brand… Read more
Matt Rossie Promoted to C-Suite at Webcor
San Francisco-based general contractor Webcor elevated longtime company leader Matt Rossie to COO. In his new role, Rossie joins the… Read more
Elion Establishes West Coast Presence in Seattle with Former Amazon Logistics Exec
Miami-based Elion Partners expanded its leadership team with the addition of James Lambert, the former head of real estate for… Read more
CBRE’s Russell Ingrum Returns to Texas to Lead Capital Markets
Russell Ingrum will lead office institutional investment sales for CBRE Capital Markets in Texas. For Ingrum, it’s a return to the Lone Star State… Read more
Salesforce Buys San Francisco Office Building for $145M
Salesforce.com Inc. paid $145 million, or $1,975-per-square-foot, for a 73,385-square-foot office building in San Francisco. The cloud-based software company bought… Read more
Nicholas Bryer Leaves CIM for Roxborough in San Francisco
The Roxborough Group expanded its team in San Francisco with the addition of Nicholas Bryer. He joins as a senior… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Hamilton Zanze Returns to St. Louis with $46M Buy
San Francisco-based Hamilton Zanze (HZ) has acquired the 170-unit Steelyard & IceHouse Apartments in St. Louis for a reported $45.9 million. The deal… Read more
Transwestern Boosts Bay Area Footprint with Three-Person Team
Transwestern Real Estate Services (TRE) expanded its commercial real estate project, construction and relocation management services in the Bay Area.… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
Uber Pauses Buildout at Old Post Office Due to COVID-19
Uber has halted construction on its 463,000-square-foot space at 601W Cos.’ Old Post Office redevelopment, the Chicago Tribune reported. It’s… Read more
New Buyer Emerges in Oceanwide Center $1.2B Deal
Beijing-based Hony Capital agreed to purchase San Francisco’s Oceanwide Center in a $1.2-billion deal with Oceanwide Holdings. The new buyer… Read more
Top Broker Honorees: IPA’s Stanford Jones, Salvatore Saglimbeni, Philip Saglimbeni
The team of Stanford Jones, Salvatore Saglimbeni, and Philip Saglimbeni, with Marcus & Millichap’s Institutional Property Advisors division, features 75… Read more