San Francisco
Airbnb Acquires Church Missions House in Gramercy for Reported $82M
Airbnb has finalized a deal to purchase 281 Park Ave South, the historic Church Missions House in Gramercy, for a reported… Read more
AI Tenants’ Office Demand Surges 85% Year-Over-Year
Artificial intelligence companies’ demand for office space has increased 85% year-over-year, VTS reported. The firm’s first-ever report on the AI sector… Read more
Deal for Shuttered San Francisco Centre Collapses as Buyers Walk Away
The sale of the now-vacant San Francisco Centre has fallen through as developers Prado Group and Presidio Bay Ventures have… Read more
Anthropic Leases Entire Hudson Square Building in Major NYC Upsizing
San Francisco-based Anthropic has leased the entirety of AEW Capital Management’s 330 Hudson St. in Hudson Square in a major… Read more
Law Firms, AI Company Sign Leases at Elecor’s One Market Plaza
Elecor Properties, rebranded from Paramount Group, has secured four leases totaling 149,914 square feet at the two-building One Market Plaza in… Read more
San Francisco Hospitality Group Divests Boutique Hotel in Japantown
CBRE recently arranged the $7.3-million sale of Sutter Mansion, a 12‑key boutique hotel at 1409 Sutter St. in San Francisco’s Japantown/Pacific Heights area, to… Read more
Zumper: Median Apartment Rent Growth Turns Positive After Year of Annual Declines
The Zumper National Rent Index showed the median one-bedroom rent rose 0.5% month-over-month to $1,526, while two-bedroom rent increased 0.1%… Read more
Report: Tech Tenants are Upsizing Their Office Presence
Tech tenants are expanding their office presence. That’s one of the key takeaways from a Newmark report on leasing in… Read more
T&T Supermarkets Continues California Expansion with First East Bay Location
Following the recent opening of its first California store in San Jose, T&T Supermarket, Canada’s largest Asian grocery retailer, announced… Read more
Mesa West Capital Provides $83M for Seattle Apartment Community
Mesa West Capital has provided an $82.5 million first mortgage loan to a joint venture between Harrison Street Asset Management… Read more
Sunstone Hotel Trades San Francisco Property to Blackstone for $279M
Sunstone Hotel Investors, Inc. said Tuesday it has agreed to sell the 821-key Hyatt Regency San Francisco to funds affiliated… Read more
Databricks Doubles Seattle Office Footprint in Bellevue
Databricks, a San Francisco-headquartered data company, has signed a 160,000-square-foot lease in a new downtown Bellevue skyscraper, reported the Puget… Read more
JLL Arranges Debt, Equity for Luxury Condo Development in Downtown Lafayette
JLL Capital Markets has arranged $60.5 million in construction financing and additional joint venture equity for the development of Project… Read more
Union Investment, Nuveen Sell Upper East Side Retail
Union Investment and Nuveen Real Estate have sold their 1511 Third Ave. retail property on Manhattan’s Upper East Side to San Francisco-based Stockbridge.… Read more
ANALYSIS: Warsh’s Fed Sends Blunt Message
Kevin Warsh has chaired his first Federal Open Market Committee meeting, and he wasted no time making clear this is… Read more
Long-Delayed Candlestick Point Development Advances with Board of Supervisors Approval
Twelve years after Candlestick Park was demolished and the San Francisco 49ers relocated to Santa Clara, developer FivePoint is set… Read more