Grosvenor is winding down direct development in the U.S., selling Union Square properties and marketing major Bay Area sites as it pivots strategy. The move follows pandemic losses and writedowns.

Dropbox leased the entire 50 Hawthorne building and Decagon took roughly 70,000 square feet at 680 Folsom, boosting occupancy and underscoring renewed demand for amenity‑rich offices in San Francisco.

A century-old Market Street office at 580 Market is set for a May 7 foreclosure after a $15.7M loan default. The scheduled auction underscores strain on downtown San Francisco office owners.

A Construction Coverage analysis finds buying in Palo Alto costs about 5.6 times as much as renting, with typical mortgage bills near $22k a month versus rent around $3,865.

A multimillion-dollar renovation has refreshed 316 rooms and 19,000 square feet of meeting space at the Hyatt Centric Fisherman's Wharf.

MongoDB has signed a roughly 23,000‑sq‑ft lease at 490 California Avenue as new owners reposition the Palo Alto building for tech tenants. The deal takes most of the four‑story property.

Ryan Serhant launched California operations with offices in San Francisco and Beverly Hills, bringing 16 founding agents and an AI-powered toolkit to the luxury market.

Palo Alto’s council voted 6-0 to approve a seven-story, 321-unit building at 3606 El Camino Real, even as neighbors warned about traffic and bike-safety risks.

Palo Alto’s council rejected a proposal to limit wealthy “compounds” in Crescent Park and instead sent staff to study citywide construction and vacancy rules. Debate split along property‑rights lines.

A Pacific Heights Beaux-Arts mansion at 2898 Vallejo St. sold off-market for $56 million, the city's priciest residential sale since 2024. The deal underscores renewed demand at the ultra-luxury end of the market.

A San Francisco judge denied Uponor’s push to force arbitration in lawsuits over leaking PEX plumbing, clearing the way for court fights and potential class claims. Plaintiffs say repair bills have run into five figures.

Crews have started work at 1979 Mission St as La Maravilla moves into construction, promising roughly 382 affordable homes and 136 supportive units near 16th Street BART.

Walnut Creek's council approved a plan to replace a 450,000‑square‑foot office park with 422 townhomes, including 55 affordable units. The vote ends local appeals and clears the way for permits.