AI‑era fortunes from the Bay Area are driving all‑cash purchases of second homes across Napa, Monterey and the Central Coast.

Supermicro has begun converting the iconic Fry’s store in north San Jose into a 333,000‑sq‑ft manufacturing and warehouse building — the first phase of a planned 3 million‑sq‑ft campus.

PSAI paid $193M for the five‑building Mountain View Corporate Center at 331 East Evelyn. The 289,000‑sq‑ft campus is leased to Databricks, Atlassian and HeartFlow.

Mainline North opened this week in Santa Clara, delivering 151 affordable apartments near transit with amenities and automated parking.

Acacia Capital bought the Sofia Apartments in Santa Clara for $183M—about $640K per unit—one of the pricier South Bay multifamily trades. The property includes dozens of city‑set‑aside affordable units.

A Los Altos neighbor filed suit to suspend approval of an eight‑story, 85‑unit project at 4898 El Camino Real, arguing the city skipped required environmental review.

A draft Greater Downtown Area Plan maps seven districts and lays out climate and transit priorities as Redwood City prepares for rising tides and a Caltrain overhaul.

A new two‑loan option pairs an FHA/VA mortgage with National Homebuyers Fund down‑payment help, potentially letting some Bay Area buyers purchase with little or no cash.

Morgan Stanley paid about $110.3M for a 291,100‑sq‑ft two‑building campus at 44100–44200 Osgood Road in Fremont, public records show.

A newly finished Old Palo Alto spec house reportedly closed near $11.3M as boutique builder FabHomes says Atherton is next for its Peninsula projects.

Average asking rent in San Jose dipped modestly in December but stayed higher than a year ago, leaving affordability strained while investors remain active. Data vendors report different levels.

An affiliate of Tishman Speyer picked up a 253,500-sq-ft Fremont industrial complex that houses Sanmina and DeepCoolAI for just under $93M, county records show.

23andMe is relocating its downsized headquarters to 2555 Park Blvd in Palo Alto, a much smaller space than its former Sunnyvale campus amid restructuring and sale activity.