San Francisco

News

Transit Phase Two Includes Trains

Lisa Brown | August 17, 2018

Phase one connects buses from AC Transit and WestCAT to/from the East Bay, and Greyhound and Amtrak Thruway buses with Muni service while phase two would bring in Caltrain and high-speed rail.

News

Transit Construction Stats are Staggering

Lisa Brown | August 16, 2018

More than 640,000 cubic yards were excavated and 92,000 cubic yards of concrete were recycled from the old terminal, enough to fill 28 Olympic-size swimming pools, according to the JV construction team.

Bay Area Companies Fuel Seattle's Growth

Lisa Brown | August 16, 2018

With a rate of 63.1%, Seattle has the most educated workforce in North America of residents older than 25 holding a bachelor’s degree or higher and ranks second for tech talent only behind the Bay Area.

News

Penthouse Unit at 181 Fremont Trades for Record Price

John Jordan | August 15, 2018

The Mark Co. projects sales to top $1 billion for the expansive development across from DTLA's Staple Center.

News

Transit Center Ticks All Boxes for a Public Space

Lisa Brown | August 15, 2018

Pelli Clarke Pelli Architects’ architectural design for Salesforce Transit Center illustrates how a dense urban transit-based development can be a cornerstone for a sustainable and livable city.

Event Coverage News

Park is the Top Icing Layer of Transit Center

Lisa Brown | August 14, 2018

The park will be a significant teaching tool with extensive labeling of the more than 600 trees and plants within 12 smaller gardens keyed to a variety of plant life and environmental conditions.

Co-Working Rebrand Focuses on Tech/Energy

Lisa Brown | August 13, 2018

The newly christened McClellan Innovation Center, an 8,000-square-foot office, can accommodate up to 100 guests per day with flexible temporary or long-term desk leasing for individuals and companies.

News

Tech Workers Call the Shots for Space

Lisa Brown | August 10, 2018

With the unemployment rate at 4%, many companies are taking a cold hard look at just what employees, especially the decision-driving Millennials, want in office spaces.

News

Chase Center Works Against the Buzzer

Lisa Brown | August 09, 2018

The Chase Center is a 18,064-seat sports and entertainment arena set to open in fall 2019 in time for the first tip-off of the 2019-2020 NBA season, and will anchor an 11-acre mixed-use complex in Mission Bay.

News

Large Block Tech Space is Scarce in San Mateo

Lisa Brown | August 08, 2018

Such is the demand among large tenants for space—especially close to Caltrain or BART—that Bay Meadows developers revised plans for the last two buildings to add 167,000 square feet to the initial 200,000 total.

News

Silicon Valley Retail Space is Aging Out

Lisa Brown | August 07, 2018

Market Park San Jose, the $2.5 billion 120-acre mixed-use development, is rapidly taking shape to fill the retail void and will be the largest transit-oriented development in Silicon Valley when completed.

News

Time Waste and Labor Plague Many Industries

Lisa Brown | August 06, 2018

Non-optimal activities, limited technology use and labor issues continue to plague the construction and logistics industries, with the former accounting for $177.5 billion in US labor costs per year.

News

Tech Gobbles Up Space in Preleasing

Lisa Brown | August 03, 2018

Mega-office builds are giving way to mega-leases in preleased agreements with tech giants, by and large, resulting in nearly complete absorption in the city as new development is often decades away.

News

Single $103 Million AAA-Rated Note Goes to C-PACE

Lisa Brown | August 02, 2018

This is the industry’s first and largest securitization backed exclusively by commercial property-assessed clean energy/C-PACE and was issued for 82 US properties (pursuant to rule 144A of the Securities Act of 1933).

News

Is Beefed-Up Security Counter or Compulsory?

Lisa Brown | August 01, 2018

The shooting at YouTube occurred as Silicon Valley is pushing to make offices more accessible but is more security counter-intuitive to a collaborative environment or a necessary measure to protect employees?

Brookfield to Acquire Forest City in $11.4B Transaction

Betsy Kim | July 31, 2018

Brookfield will acquire all shares of common stock of Forest City for $25.35 per share.

News

Hotels Continue to Push Profits

Lisa Brown | July 31, 2018

Ameswell Mountain View is a fully entitled mixed-use project comprising a 255-room independent hotel and a 216,700-square-foot class-A LEED-Platinum office building currently under development.

News

Expect the Unexpected with Building Systems

Lisa Brown | July 30, 2018

In this EXCLUSIVE, GlobeSt.com learns that tracking systems allow building owners to record the type, age and condition of building equipment and the best remediation course of action.

Kilroy Takes 100,850-SF In San Francisco

Adele Carter | July 28, 2018

“There is huge demand placed on premium quality creative space by San Francisco’s technology tenants."

News

Investors Like Downtown/Central Locations

Lisa Brown | July 27, 2018

Downtown San Jose continues to attract larger tech tenants and provide the live/work/play lifestyle people want, with multifamily and condominium living opportunities amid urban amenities.

Research

Atlanta Makes Top Ten In CBRE’s Tech Talent Report

Steve Lubetkin | July 27, 2018

Atlanta grew its tech talent pool at the third fastest pace of all 50 markets, increasing by 34.7% in the last five years.

News Research

Tri-Valley Retail Tenancy Draws from Diverse Pool

Lisa Brown | July 26, 2018

The 112,000-square-foot Pacific Pearl Shopping Center is already 90% leased and opened, located off of Interstate 580 at 2693 Stoneridge Dr., across the street from the San Francisco Premium Outlets.

Dense Housing, Office, Hotels All Under Construction

Lisa Brown | July 25, 2018

In this EXCLUSIVE, Shelley Doran discusses how Silicon Valley embraces building innovation, sustainability, wellness and future space-use applications, which require advanced building techniques.

News

Four-State Portfolio Shows Industrial's Still Hot

Lisa Brown | July 24, 2018

The 16 industrial and warehouse properties that comprise the industrial portfolio collectively total nearly 3 million square feet across Washington, Nevada, California and Arizona in seven markets.

News

Knotel Buys 42Floors CRE Search Engine

John Jordan | July 24, 2018

In New York City’s Chelsea neighborhood alone, Knotel has been responsible for nearly 30% of all deal activity since January, the company states.

News

Value-Add Play Pays Off in Oyster Point

Lisa Brown | July 24, 2018

Based on Buchanan Street’s research, the firm decided to make improvements to the property’s dated buildings with flex/R&D office repositioning via updated spaces for research and labs prior to the sale.

How Does Office Space Affect Company Culture?

Lisa Brown | July 23, 2018

In this EXCLUSIVE, Clark share insights into how executives, particularly those in a growing company, reinforce company culture without breaking the bank or creating employee backlash.

LEED Leads to Leasing at 855 Brannan

Lisa Brown | July 20, 2018

Even there were no mandated LEED requirements, Equity Residential saw it as an opportunity to lead the market and 855 Brannan is now the largest LEED Platinum-certified multifamily development in the city.

News

Thornton Tomasetti Creates Three New Strategic Positions

Betsy Kim | July 20, 2018

The international engineering firm appointed four executives in management, technology and quality assurance roles.

Labor Shortage and Tech Adoption Hold Industry Back

Lisa Brown | July 19, 2018

Governments and civic owners are increasingly leveraging technology to address critical infrastructure needs but construction is slow to adopt, says Bill Smith of PlanGrid in this EXCLUSIVE.

Lineage Logistics Sells $700M Minority Stake To PE Funds

Erika Morphy | July 18, 2018

Longer term, the company is reportedly exploring a REIT conversion.

Prop 65 Means Re-evaluating Existing Signage

Lisa Brown | July 18, 2018

In the second of a two-part EXCLUSIVE, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how amendments modify the safe harbor content and delivery methods for all Prop 65 warnings.

Commentary

Transforming Your Office While Protecting Your Bottom-line

Bob Garcia and Robin Weckesser | July 17, 2018

It is critical to engage the right specialists to customize solutions, mitigate risks, and optimize value, since hundreds of thousands of dollars lie in the balance.

Prop 65 Amendments Take Effect on August 30

Lisa Brown | July 17, 2018

In the first of a two-part EXCLUSIVE, John Allen and Vaneeta Chintamaneni of Allen Matkins discuss how the new regulations of Prop 65 make the warning signage regulations stricter.

Twilio Expands Footprint With Atlanta Office

Steve Lubetkin | July 17, 2018

Atlanta was an attractive expansion site for Twilio for a number of reasons including a thriving tech community and a deep talent pool says Doug Barnes, director of commercial sales, South East.

Cautious Optimism Permeates Mood at Moscone

Lisa Brown | July 16, 2018

The general sentiment at PCBC was cautiously optimistic given the length of this cycle, but concerns are offset by strong demand for housing, rising wages and low employment, suggesting there is room to go.

Alexandria Acquires 219 E. 42nd St. for $203M

Betsy Kim | July 13, 2018

The life sciences and tech REIT purchased the East Midtown property agreeing to a sale leaseback with Pfizer.

Asset Caters to Tenants Needing Office/Lab Space

Lisa Brown | July 13, 2018

Valley Technology Centre has all the fundamentals including its considerable size, opportunity to add value, institutional quality and key Silicon Valley location that PCCP and Lincoln wanted.

Diridon Station Area to Become Innovation Hub

Lisa Brown | July 12, 2018

Platform 16 is aligned with the Diridon Station Area plan’s to integrate open space, transportation and development to meet the needs of the region’s technology/business community and its employees.

Event Coverage

Retail Woes Are Not all About Amazon

Lisa Brown | July 11, 2018

There are structural issues in retail that are driving today’s wave of consolidations, i.e., the US is over-retailed with the most retail space per capita, 25 square foot per person, GlobeSt.com learns in this EXCLUSIVE.

Event Coverage

How Retailers are Competing with Amazon

Lisa Brown | July 10, 2018

As retail continues its rapid evolution, it is going to great lengths to create an in-person, experiential and value/convenience counterpart to the online world, GlobeSt.com learns in part one of this EXCLUSIVE.

Time Travel Can Happen on Construction Sites

Lisa Brown | July 09, 2018

Using an AI framework, OpenSpace gives construction industry workers the ability to move backward and forward in time, creating a visual record far more powerful than memory or any written document.

Central Valley Continues to Charm Logistics Buyers

Lisa Brown | July 06, 2018

As of the end of 2017, Prologis has taken ownership of 31 Central Valley buildings totaling roughly 15 million square feet including those at NorCal Logistics Center, and is projected to continue producing oversized returns.

Event Coverage

CA Leads in Multifamily LEED Projects

Lisa Brown | July 05, 2018

Home building professionals at last week’s PCBC 2018 heard from Joyce Mihalik, Forest City Realty Trust, and Renee Loveland, Gerding Edlen, in a session, Reducing Friction for Green Multifamily Buildings.

The Learning Experience Acquired by CA-Based Private Equity Firm

John Jordan | July 03, 2018

At its Deerfield Beach, FL headquarters, The Learning Experience has 80 employees, with plans to grow to 110 employees by the end of 2018, and up to 150 long term, a company spokesperson tells Globest.com

What Deals are Ripe for Capital Providers?

Lisa Brown | July 03, 2018

During PCBC last week, the session, Components of Equity Today, explored the various types of equity playing within the land and capital space today, featuring moderator Steven Friedman of Cohn Resnick.

Trophy Office Park Pricing Soars

Lisa Brown | July 02, 2018

EverWest Real Estate Investors, in partnership with global private markets investor Partners Group, completed the purchase of the Burlingame Bay Office Park for a price in the $100 million range.

3D Models to Take on Vital CRE Role

Lisa Brown | June 29, 2018

Former Apple iTunes exec Chris Bell was recently named Matterport's new chief marketing officer, and discusses the company’s 3D data to be used in AI technology in this EXCLUSIVE.

ASB Real Estate Acquires Fully-Leased Warehouse in Hialeah

John Jordan | June 28, 2018

San-Francisco-based Terreno Realty acquired the property in December 2010 for approximately $9 million.

Full Occupancy Follows Major Office Overhaul

Lisa Brown | June 28, 2018

After strategic renovations transformed the class-A office tower, 1850 Gateway is now 100% occupied following a string of recent signings, with Apixio set to take over a full floor in a long-term lease.