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The Real Deal is the leading source for real estate news and information. Covering the deals, developments and policies that matter.
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News
This time, San Francisco’s office boom is flowing south
2+ mon, 2+ day ago (615+ words) AI-fueled recovery has flipped an old pattern San Francisco’s office leasing boom shows no signs of slowing down, and its effect on the greater region — especially Silicon Valley — is accelerating. Artificial intelligence’s southward expansion has helped Silicon Valley’s vacancy fall…...
Paceline moves deeper into San Jose office market with $33M buy
3+ mon, 1+ week ago (503+ words) Paceline Investors is adding to its San Jose commercial property collection. An affiliate of the San Francisco-based investor acquired the two-story building at 350 East Plumeria Drive for $33 million, the Silicon Valley Business Journal reported. Galaxy Properties sold the structure four…...
eBay leaves San Francisco office and consolidates in San Jose
4+ mon, 3+ week ago (227+ words) Nearly 200 workers will relocate, leaving behind 30K sf of space Online auctioneer eBay will shutter its 30,000-square-foot office at 300 Mission Street in San Francisco and move the onsite staffers to San Jose, according to paperwork filed with state officials. The tech…...
Texas investors swoop into San Francisco’s commercial market
8+ mon, 3+ week ago (337+ words) Douglas MacMahon, Hines swing for fences with purchases, construction plans Locally based investors in San Francisco buying and building properties in the commercial real estate market are competing with Texans for a foothold in the city. Texas-based investors represent an…...