San Francisco
PG&E Reaches $11B Settlement with Insurers Over California Wildfires
San Francisco-based PG&E Corporation and Pacific Gas and Electric Company reached an $11 billion settlement with a group of insurers… Read more
Transbay JPA Inks Rooftop Restaurant at Salesforce Transit Center
The Transbay Joint Powers Authority approved a 15-year lease for its one-of-a-kind restaurant space atop the Salesforce Transit Center to… Read more
Doral Industrial Facility Trades for $14M
Cushman & Wakefield has brokered the $14-million sale of a 106,769-square-foot warehouse in Doral. Located at 10100 NW 25th St.,… Read more
Newcastle Divests San Francisco Asset for $27M
San Francisco-based Newcastle Partners, Inc. and JV partner New York-based Drake Real Estate Partners sold 900 Kearny St., a 30,000-square-foot,… Read more
Anbang Selling Hotel Portfolio to South Korean Investor for $5.8B+
China’s Anbang Insurance Group Co. agreed to divest a luxury hotel portfolio to Mirae Asset Global Investments for more than… Read more
California Legislature Passes Rent Cap Bill
A statewide bill that caps rents was passed by the California Assembly on Wednesday and now heads to Gov. Gavin… Read more
Bill to Repeal Constitutional Roadblock to Affordable Housing Passes Senate
Legislation to repeal article 34 of the California Constitution passed the Senate on Tuesday with a unanimous vote. The SCA… Read more
Net-Lease Investment Outperforms Broader CRE Market, L.A. Among Top Targets
U.S. net-lease investment is outpacing the broader commercial real estate market in 2019, with Greater Los Angeles among the leading… Read more
Colliers Insights: California’s Multifamily Sector Faces Myriad Challenges
By Colliers International’s Bay Area Multifamily Team Commercial apartment owners in the state of California are facing adversity on multiple… Read more
Uber Will Base Logistics Division at Old Post Office
With plans to hire more than 2,000 in Chicago, Uber Technologies has dedicated its recently-signed Old Post Office space as… Read more
NYC Tops the List of Net-Lease Investment Markets
U.S. net-lease investment is outpacing the broader commercial real estate sector in 2019, and New York City tops the list… Read more
CrowdStreet Launches Diversified Opportunity Zone Fund
Portland, OR-based CrowdStreet Inc. launched a diversified investment fund through CrowdStreet Advisors, LLC, a wholly-owned subsidiary of CrowdStreet. The fund will focus on new… Read more
Most Threatening Impacts of California Rent Cap Bill Diminished
A bill that would cap annual rent increases for much of California’s multifamily housing stock now includes significant amendments the… Read more
Cloudflare Makes Move to Midtown South
Cloudflare has signed a lease for 7,000-plus square feet on two floors at 251 W. 30th St. in Midtown South,… Read more
Hudson, Allianz Plan 2-Year Restoration of Iconic Ferry Building
Hudson Pacific Properties, Inc. plans to commence restoration work this month at the iconic San Francisco Ferry Building. The project… Read more
Juul Labs Takes Down 62K SF at 210 South Lamar
Juul Labs Inc., the manufacturer and distributor of electronic cigarettes, inked an office deal for 62,749 square feet at 210… Read more
Exploring the Inland Northwest’s CRE, Finance Markets
By Dennis Kaiser The Pacific Northwest’s Spokane market may not be Seattle-adjacent, yet the Eastern Washington area has emerged as… Read more
Bay Area Exodus Fueled by Region’s Affordability Crisis
The U.S. Census Bureau reports that more people are leaving the Bay Area than are relocating from other states. The… Read more
CIM Tops Out 333-Unit MF at Oakland’s Jack London Square
Connect Direct-to-Consumer is coming up next month at San Jose’s Santana Row. Get more information and register for the September… Read more