San Francisco
PCCP Joins Urban Renaissance Group on 550K-SF SeaTac Deal
Seattle-based Urban Renaissance Group LLC (URG) and Iron Point Partners, LLC sold the 548,704-square-foot SeaTac Office Center in SeaTac, WA… Read more
Airbnb Expands Corporate Travel Platform with Urbandoor Buy
Airbnb has acquired Urbandoor, an online listings marketplace focusing on corporate travel. Deal terms weren’t disclosed; Urbandoor’s employees will join… Read more
$1.4B Chase Center Development Delivers on Schedule
The Clark Construction Group and Mortenson JV achieved substantial completion of Chase Center, San Francisco’s new state-of-the-art sports and entertainment… Read more
Alexandria, TMG Snag Vacant Market Street Mall
Pasadena-based Alexandria Real Estate Equities Inc. and San Francisco-based TMG Partners acquired the vacant 264,000-square-foot 6×6 mall near San Francisco’s… Read more
Carmel Partners Bags Whole Foods Market at Cumulus District MXU
San Francisco-based Carmel Partners signed a roughly 50,000-square-foot lease with Whole Foods Market for a flagship grocery store that will… Read more
Arden Hearing Takes on West Coast Development Role for Lendlease
Sydney, Australia-based Lendlease appointed Arden Hearing as Executive General Manager, Development for the West Coast, effective August 5. He will… Read more
Commercial Real Estate’s Fastest-Growing Media Company Signs Leases on Both Coasts
Connect Media has signed leases in New York and Los Angeles, and secured office space in Atlanta at co-working provider… Read more
Connect Bay Area: Decoding the Deal Flow Across the Capital Stack
By Melissa Baer A panel of commercial real estate finance experts recently gathered at Connect Bay Area to discuss the… Read more
Welltower Acquires Five Seniors Assets in $285M Deal
Welltower Inc. acquired five purpose-built, private pay seniors housing properties recently developed and managed by Sunrise Senior Living in a… Read more
San Francisco’s Levi’s Plaza Sold in Blockbuster $820M Deal
Atlanta-based Jamestown finalized a long-speculated deal to acquire San Francisco’s Levi’s Plaza, the headquarters of Levi Strauss & Co., from… Read more
Longfellow Lands Palo Alto Tech Campus for $205M
Longfellow Real Estate Partners acquired Palo Alto Technology Center (PATC) from Newport Beach, CA-based KBS for $205 million. The purchase… Read more
Alexandria, TMG Win Approval to Develop 1M-SF SoMa MXU
Alexandria Real Estate Equities, Inc. and TMG Partners received full project approval from the San Francisco Planning Commission on their… Read more
Schwab Pays $1.8B for USAA Investment Management
Less than a month after Victory Capital acquired USAA’s Asset Management Co., Charles Schwab became next in line for part… Read more
Delivering a ‘New Normal’ for Bay Area Live, Work, Play Environments
Connect Bay Area pointed a spotlight on a commercial real estate market that continues to experience a remarkable growth trajectory… Read more
Interra Brokers South Shore’s Largest Deal in 10 Years
Interra Realty brokered the $16.8-million, 238-unit sale of Shorewind Towers and Shorewind Court in South Shore. The two-property transaction was… Read more
WeWork Targets $3.5B IPO for September
WeWork is looking at a September launch for its initial public offering, Bloomberg News reported. The co-working company is targeting… Read more
WeWork’s ARK Buying San Francisco’s 600 California for $330M
ARK, the global real estate investment and management platform of WeWork, is acquiring 600 California St., a 20-story, Class A… Read more
SF Treasurer: CRE Plays Significant Role in Funding City’s Work
By Ben Johnson Local commercial real estate owners are expected to contribute more than $146 million to the City of… Read more
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more