San Mateo
Snowflake Subleases 773K SF in Bay Area’s Biggest Deal Since Pandemic
Cloud-based data storage firm Snowflake has signed the biggest office lease in the Bay Area since the pandemic, subleasing 772,983 square… Read more
SC Properties Acquires Value-Add San Mateo Office Campus
SC Properties, a San Mateo-based real estate investment, brokerage and property management company, acquired San Mateo Gateway Center, a 235,000-square-foot Class… Read more
San Mateo Apartments Fetch $76M in First Time on Market
Newmark arranged the sale of the San Mateo Hills apartment portfolio, a 200-unit collection of five properties located in San… Read more
Bond Measure Would Raise $20B for Bay Area Affordable Housing
The Bay Area Housing Finance Authority (BAHFA) adopted a resolution to place a general obligation bond measure on the Nov. 5 general… Read more
Avison Young Opens Silicon Valley Office in Palo Alto
Avison Young has opened its new Silicon Valley office located at 229 Forest Ave. in Palo Alto. The new office,… Read more
Longfellow Unveils Upgrades at San Mateo Life Science Campus
Longfellow Real Estate Partners, among the largest privately owned investors and developers of life science real estate, has delivered its renovated… Read more
Essex Property Trust Buys Out JV Partner for $505M
San Mateo-based Essex Property Trust, Inc. said Monday that it acquired its joint venture partner’s 49.9% interest in the BEXAEW… Read more
Business Groups Ask Feds to Build Semiconductor Research Hub in CA
A coalition of California business-advocacy organizations has asked the Biden administration to build a semiconductor research facility in the state,… Read more
BRIDGE Housing Acquires Daly City Complex from AvalonBay
BRIDGE Housing said Thursday it purchased the 195-unit Eaves Daly City complex from AvalonBay Communities and will preserve at least half… Read more
Levin Johnston Team Completes Six Bay Area Deals
Levin Johnston of Marcus and Millichap has closed six multifamily transactions in the Bay Area totaling more than $19 million.… Read more
Clarion Partners Real Estate Income Funds Acquires 176-Unit Asheville Community
San Mateo, CA-based Clarion Partners Real Estate Income Fund, Inc. has acquired the Retreat at Weaverville, a 176-unit multifamily community… Read more
Sares Regis Makes Two Key Promotions in San Mateo
Bay Area-based real estate developer and manager Sares Regis Group of Northern California (SRGNC) has made a pair of executive… Read more
Report: Bay Area Remains Top VC Market in the U.S.
Venture capital funding in the United States has not been deterred by the pandemic or economic volatility, according to a… Read more
Verkada Launches A&E Partnership Program
Verkada, a San Mateo, CA-based building security equipment and software company, has launched an architecture and engineering (A&E) partnership program… Read more
SRGNC and Caltrain Gain Approval for San Mateo Project
In a public/private partnership, Sares Regis Group of Northern California (SRGNC) and Caltrain have gained approval from the San Mateo… Read more
Levin Johnston Arranges $11.5M Sale of Peninsula Multifamily Trio
Multifamily specialist Levin Johnston of Marcus & Millichap has completed the sale of three multifamily properties in San Mateo County.… Read more
Peninsula Office Leasing Activity Reflects Market Conditions
A new Kidder Mathews’ report indicates that San Mateo County office vacancy is on the rise and leasing rates are… Read more
United Way Awards $1M in Affordable Housing Grants
United Way Bay Area (UWBA) has awarded grants totaling $1 million to more than 20 Bay Area organizations as part… Read more