AI adoption in San Jose brings third wave of layoffs and more reductions in office space
Expanding AI startups create jobs while their products allow companies to make cuts
In 2024, Intuit, the Fortune 500 tech company behind widely used products such as QuickBooks and TurboTax, announced it was cutting 10% of its workforce, or 1,800 people. Like many...
East Bay apartment buildings are getting more interest from investors
Buying activity has reached the highest level since 2022
The East Bay’s multifamily investment market is showing strong signs of recovery in 2025, with annual sales volume reaching $2 billion, the highest level since 2022, and double the...
Northern and Southern California diverge on rent
Apartment rent growth accelerates in the Bay Area
After navigating California’s deepest lows in rent performance following the onset of the pandemic, Bay Area multifamily markets in San Jose and San Francisco have reversed course ...
Technology companies take center stage in the East Bay’s industrial market
Total leasing activity falls as logistics tenants pull back
The industrial market in California's East Bay has seen a slowing in demand in 2025, with fewer tenants looking to expand due to tepid economic growth and concerns about the impact...
San Jose multifamily market scores better-than-usual September
Annual rent growth increased to the highest rate in two and a half years
San Jose’s multifamily market continues to show signs of strengthening. In September, the annual rate of growth increased to 3.7%, the highest level since February 2023.
San Francisco’s growth in office leasing is now the highest in the nation
Annual leasing volume increased by 3.7 million square feet in the past year
In the past year, San Francisco has achieved a larger increase in the amount of office space leased than any other metropolitan area, including New York.
Multifamily investors continue to ramp up buying activity in the San Francisco Bay Area
Large acquisitions by private equity, REITs and institutions boost deal volume
The San Francisco Bay Area multifamily market is on track to see the highest volume of investment sales of the past decade. As of September, $5.3 billion in multifamily transaction...
San Jose industrial availability rises as uncertainty chills demand
New construction of distribution centers adds competing space
An uptick in new supply has coincided with subdued demand to push up the availability rate for industrial space in San Jose, California.
San Francisco multifamily rent growth sets the pace
Strong occupancy increase drives rents higher
Multifamily rent levels in San Francisco moved up in August, with the average monthly rent reaching a new high of more than $3,300. The annual growth rate of over 6% remains the hi...
San Francisco Bay Area investment market cools for retail properties
Annual deal volume fell 14% to $1.7 billion in the second quarter
Investment sales activity for retail properties in the San Francisco Bay Area declined again in the second quarter of 2025. Trailing 12-month deal volume fell to $1.7 billion, a 14...
San Francisco office leasing accelerates to match pre-pandemic levels
Growing signs that AI momentum is stimulating demand in other sectors
The resurgence of San Francisco’s office market picked up steam in the second quarter of 2025. The momentum initiated by the booming artificial intelligence sector spread to the br...
Thinking of selling your Silicon Valley office property? Talk to your tenant.
Occupiers are the biggest buyers as sales volume increases to a two-year high
Some of San Jose’s premium office properties have traded in the past year, propelling the market’s total sales volume to almost $2 billion. And it isn’t investors deploying capital...
East Bay multifamily rents continue steadily upward
No sign of the resurgence in rent growth seen across the San Francisco Bay
The multifamily market in California's East Bay continued to move in a positive direction in July.
More San Francisco multifamily properties listed for sale as prices stabilize
Properties are selling closer to their asking prices
The number of multifamily properties listed for sale in San Francisco jumped to the highest level on record in the second quarter of 2025, with 157 buildings containing approximate...
AI's impact on the office sector? Poll finds the jury is still out.
No clear consensus emerges on how AI will reshape office demand
When it comes to artificial intelligence and the future of the office sector, the industry can’t seem to agree on much.
Apartment rents in San Jose continue to rise as the construction pipeline diminishes
Falling vacancy rate raises prospect of a prolonged period of rent growth
As in many other real estate markets, the past five years for San Jose, California, multifamily have been volatile, with most demand and supply metrics swinging from high to low an...
Construction in San Francisco area hits rock bottom
Developers watch improving markets in hopes of a turnaround
The Bay Area’s commercial real estate markets have been under considerable pressure in recent years. A series of headwinds, including remote working, a population exodus, high cost...
San Francisco is seeing fewer layoffs, but employment growth remains negative
The growth surge in AI has yet to translate into more office jobs
Nearing the halfway point in 2025, year-over-year employment growth in San Francisco remains negative. According to estimates from the California Employment Development Department,...
Layoffs increase in San Jose as employment growth remains elusive
Tech companies are once again the main source of job losses
Employment growth in Silicon Valley remains elusive as the midway point of 2025 approaches.
Growth in healthcare sector and aging population drive demand for medical offices in San Francisco
CoStar Group releases new quarterly medical office report for major markets across US
In commercial real estate circles, any mention of the San Francisco office market in the past few years has tended to elicit a collective groan. However, one part of the office mar...