San Francisco

In a purchase representing Meridian's largest general office deal to date and its first general office acquisition in the mid-Peninsula submarket, the firm recently closed on a six-story 100,000-square-foot office building.

Fire crews from CalFire/Sonoma-Lake-Napa Unit battle the large Kincade fire in Sonoma County that continued to be stoked by strong winds, although favorable weather conditions will enhance firefighting efforts today.

Sares Regis Group of Northern California has closed escrow on five parcels in South San Francisco adjacent to the first Cadence multifamily community for an upcoming second phase of the project.

As part of the transaction Prologis plans to sell $3.5 billion of assets including $2.8 billion of non-strategic logistics properties and $700 million of office properties.

The approval process for the 19-story LEED Gold office tower, 200 Park, was streamlined due to the city's adoption of the downtown plan which allows conforming projects to be approved at a director's hearing.

Kevin Morgan will lead the region's operations and business strategy with a focus on client service as well as developing, recruiting and retaining top professionals, GlobeSt.com learns in this EXCLUSIVE.

Prologis chairman/CEO Hamid Moghadam says markets remain healthy, driven by customers who are prioritizing proximity to consumers to offset supply chain costs such as labor and transportation.

Supply-constrained West Coast markets continue to add jobs and grow incomes at a sufficient pace to maintain market rent growth near long-term averages, says Michael Schall, Essex president/CEO.