Hudson Pacific Sells Nearly Vacant San Francisco Office Complex for $65M

Hudson Pacific Properties, Inc. said Friday it completed the sale of 875 and 899 Howard, two downtown San Francisco properties totaling approximately 284,000 square feet, for $65.5 million before prorations and closing... Read more »

CBRE Arranges Valencia Office Sale for Harbor Associates

CBRE facilitated the $32-million sale of Commons at Valencia, a two-building Class A office campus totaling approximately 157,189 square feet, located at 25124 and 25152 Springfield Ct. in Valencia. Strauss Investments LLC... Read more »

SoCal Family Office Snaps Up Apartments in Competitive Modesto Submarket

The Mogharebi Group (TMG) represented Bay Area-based Tesseract Capital Group in the sale of The Marc at 1600, a 100-unit multifamily community located at 1600 Standiford Ave. in Modesto. The buyer was... Read more »

Broadcom buys its Irvine office building

Computer chip and software developer Broadcom purchased the Irvine office compound it rented in the latest example of a well-funded company taking advantage of depressed real estate prices to switch from renter... Read more »

AI Growth Propels Tech to 2nd Place in NYC’s Office Leasing Frenzy

Technology has become New York City’s second most active leasing sector, behind finance, as the AI boom takes an expanding bite out of the Big Apple’s office supply, according to a new... Read more »

Tishman Speyer Trades Mountain View Office Building for $121.5M

Tishman Speyer sold 400 Castro Street, a 100 percent leased, Class A office building in downtown Mountain View, California. Spear Street Capital was the buyer in the $121.5 million transaction.   Tishman Speyer developed the... Read more »

Investor Duo Inks Refi on 301K-SF Torrance Office Property

Waterfall Asset Management and Delaware Life closed on a $64.7 million loan facility to refinance The Torrance, a 301,000-square-foot Class A office property in Torrance, California. Originally constructed in 1988, The Torrance... Read more »

Koeppel Rosen Arranges Three Office Leases in Midtown, Midtown South

Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, has arranged nearly 18,000 square feet of new office space leases, comprised of separate transactions at three different properties in the company’s portfolio.  Max... Read more »

California Gov. Newsom lists Sacramento mansion for $7.5 million

Gov. Gavin Newsom’s sprawling Sacramento-area mansion is up for sale. The 12,700-square-foot mansion in Fair Oaks — an unincorporated community in Sacramento County bordering the American River — has been listed for... Read more »

Law Firm Dunn Isaacson Rhee Establishes NYC Office at 7 World Trade Center

Silverstein Properties announced that Dunn Isaacson Rhee LLP has signed a new lease for 11,167 square feet of office space on the 34th floor of 7 World Trade Center. The lease establishes a... Read more »