Bay Area
California People and Company News for March 8, 2024
Prologis, a global leader in logistics real estate headquartered in San Francisco, has hired Chris...Read more
Santa Clara MXU Project Gears Up for Approvals Process
After several years of soliciting community input, Kylli’s 48.6-acre Mission Point mixed-use deve...Read more
345 California Adds Fitwel and LEED Platinum to Certifications
345 California Street, a newly renovated Class A mixed-use office property in San Francisco, has ac...Read more
TCC Lines Up $142M Commitment from Alaska Fund for R&D Campus
Trammell Crow Company quietly lined up a $141.5-million equity commitment for a planned research an...Read more
Original Developer Divests Napa Apartments for $47M
Marcus & Millichap arranged the sale of Creekside Park I and II, a 188-unit, two-prop...Read more
Silicon Valley Data Center Market Remains Robust
In spite of increasing costs for power and land, the data center market in the San Francisco B...Read more
Paramount May Give Back San Francisco Office Towers
New York-based office REIT Paramount Group Inc. appears poised to give up a pair of downtown San Fr...Read more
Santa Clara Apartments Fetch $125M in Sale to AZ Buyer
(Updated with additional information) The Prado apartment complex in Santa Clara has sold for $1...Read more
Former Westfield San Francisco Centre Poised for Revival
The former Westfield San Francisco Centre will be rebranded as Emporium Centre San Francisco...Read more
Avison Young: AI Gives Bay Area “Shot in the Arm”
Avison Young commercial real estate experts recently participated in a Broker Sentiment Survey for...Read more
Flagship San Francisco Store Among 150 Macy’s Sites Set to Close
The 95-year-old Macy's in San Francisco's Union Square is among the 150 stores set to close, in wha...Read more
Hammes Completes Multi-Specialty Surgery Center in Campbell
Healthcare developer Hammes completed the development of a new ambulatory surgery center located at...Read more
Veritas Puts Rent-Controlled Portfolio Up for Sale
San Francisco-based Veritas Investments has listed a 23-building portfolio spanning 762 rent-contro...Read more
California Remains the Hub for AI Hiring, Tenant Demand
Although the surge in artificial intelligence (AI) helps drive tech employment and occupancy nation...Read more
Hines Secures 175K SF of Leases at Santa Clara Tech Park
Cushman & Wakefield represented Hines in executing three leases totaling approximately 175,000 ...Read more
Prado Group Expands Scope of SF Medical Center Redevelopment
The Prado Group, which acquired the former California Pacific Medical Center (CPMC) campus in San F...Read more
Back Home Hospitality Inks Deal for Restaurant at Mission Rock MXU
Mission Rock Partners, a collaboration between the San Francisco Giants, Tishman Speyer a...Read more
Triple-Net Strip Center Trades in San Leandro
Marcus & Millichap closed the sale of 1423-1427 E. 14th St., a 6,603-square-foot retail propert...Read more
Sand Hill Wins City Approval for Vallco Town Center Redevelopment
Developer Sand Hill Property Company has secured the long-awaited city approval for a mixed-use dev...Read more