San Francisco
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
Able Services’ Kelly on Vital Role Cleaning Coalition of America Now Plays
By Dennis Kaiser San Francisco-based Able Services joined with six other organizations in the contract cleaning sector to establish the… Read more
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