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...
Multifamily rents in California’s East Bay continue to trend positively
Solid demand helps reduce the vacancy rate as the construction pipeline slows
The change in momentum in the East Bay’s apartment market has continued into spring, with rents growing every month so far this year.
Industrial leasing in California’s East Bay turns downward in April
Port of Oakland volume drops as tariffs affect trade
Leasing volume in the East Bay’s industrial market fell in April, indicating that demand for distribution and warehousing space has yet to recover from the slump that characterized...
San Francisco’s retail real estate market switches to expansion mode
Increase in leasing and fewer move-outs boost retail absorption
San Francisco’s retail real estate market has returned to growth for the first time in two years.
San Francisco sees an increase in CMBS loan originations
Second-highest origination total since 2022
San Francisco’s modest increase in originations of commercial mortgage-backed securities continued in the first quarter of 2025. In total, $550 million of commercial loans was pack...
San Francisco's multifamily rent growth leads the nation
Low levels of new supply and resurging demand push rents higher
Following several years of subdued performance, San Francisco shot back to the top of the national rankings for multifamily rent growth, with the average apartment rent increasing ...
Growth returns to San Francisco’s life science sector
Fewer deliveries and large biotech move-ins drive recovery for R&D
San Francisco’s life science real estate market has rebounded in the first months of 2025. An upturn in leasing activity, combined with a slowdown in the construction pipeline, has...
San Jose multifamily rents maintain positive momentum in 2025
New apartment communities offer concessions to attract tenants
San Jose continues to lead California’s major markets in multifamily rent growth. In the first three months of 2025, rents continued to advance at an average annual rate of just un...
Investment volume in San Francisco's multifamily market remains high
Falling vacancy and rising rents boost buyer interest
The investment sales community laments that persistently high lending costs have dampened sales in San Francisco’s multifamily investment market.
Layoffs in the East Bay highlight structural employment changes
Diverse economic challenges continue to underlie recent job losses
California’s East Bay job market faces challenges in the first quarter of 2025. While there has been no overall increase in unemployment, several key industries have reduced jobs o...
Office leasing heats up in San Francisco’s Financial District
It’s out with the old, in with the new
San Francisco’s Financial District office market just saw its busiest leasing quarter since 2019. Preliminary numbers show lease volume totaled just shy of 1 million square feet in...
East Bay multifamily investment sales volume remains sturdy in 2025
Transaction capitalization rates fall as buyers take advantage of lower prices
With the end of the first quarter of 2025 fast approaching, trading volume for multifamily properties in California’s East Bay has maintained its elevated level, as investors take ...
Census Bureau data confirms San Francisco Bay Area population growth
International net migration fuels return to growing populations in all five counties
The San Francisco Bay Area continues to recover slowly from the loss of population during the pandemic. Estimates released this month by the U.S. Census Bureau confirm that all fiv...
San Jose leads the way as Bay Area’s office market turns corner
Turnaround prompted by increased leasing activity and fewer move-outs among region's tech firms
San Jose is leading the way as the San Francisco Bay Area's office market appears to be turning the corner in the first months of 2025. The office availability rate in Silicon Vall...
Employment growth in San Francisco remains elusive
Tech layoffs contribute to higher losses in February
With two months of 2025 completed, the San Francisco economy is still waiting to see employment growth restart.
San Jose has best year for retail leasing since 2017
Silicon Valley market saw the highest retail lease volume since pandemic
In 2024, San Jose’s retail leasing market had its best performance in several years. The total leasing volume for the year exceeded 1.9 million square feet, the highest level since...