San Francisco

The unnamed company signed a lease for the entire 751 Gateway project in South San Francisco, which is currently under construction and will deliver in 2024.

Meta signed a 719,037-square-foot lease for the entire Sunnyvale office campus in Silicon Valley.

The joint venture acquired the four-building life science campus in 2001, and has maintained 100% occupancy since taking ownership.

The investor purchased a 22,043-square-foot research and development property in Berkeley, California, to convert into a life science use.

Demand for warehouse space will drive continued growth in the Bay Area through 2022, despite mixed fundamentals in 2020.

Vantage will feature two purpose-built life science buildings and a 30,000-square-foot amenity center.

The property is a fully entitled, large-scale office and life science development in central Downtown Redwood City.

The increase in vacancy is related to new construction activity, which is up 1.5% for the quarter.