Bay Area
Report: Construction Spending Contracts Drop in May as High Rates and Uncertainty Sap Momentum
Construction spending in the United States continued its downward trajectory in May, marking the seventh consecutive monthly decline, according to the latest report...
Retail Sales Disappoint in May as Auto Slump Weighs on Consumer Spending
U.S. retail sales fell for a second consecutive month in May 2025, as a sharp decline in auto purchases dragged overall figures into...
Inflation Holds Steady in May Despite Tariff Pressures, Offering Relief to Policymakers
Consumer price growth remained subdued in May, delivering a welcome surprise for Federal Reserve officials as inflation pressures appear to be cooling more...
Lennar Reports Challenging Quarter as West Coast Markets Face Housing Headwinds
Nation’s largest homebuilder maintains volume strategy despite margin pressure and particular softness in Pacific Northwest and California Lennar Corporation, one of America’s largest...
DivcoWest Secures Major Pension Fund Backing for New $1.5B Distressed Real Estate Fund
Massachusetts pension fund commits $150 million as real estate firm targets $1.5 billion for opportunistic strategy amid market recovery Massachusetts Pension Reserves Investment...
Terreno Realty Corporation Sells 39,000 SQFT Industrial Property in Bellevue for $17.5MM
(Editor’s Note: King County public records show the property is located at 13150 SE 32nd St. The buyer was a Bellevue-based entity.) BELLEVUE,...
Housing Starts Inch Higher in April, But Permits Signal Continued Weakness in Construction Outlook
Residential construction activity in the United States showed a modest gain in April, with total housing starts rising 1.6 percent, according to a...
Life Science Reality Check: Alexandria’s Q1 Performance Reflects Industry Challenges Despite Executive Optimism
Alexandria Real Estate Equities (ARE), a pure-play life science REIT, reported its Q1 2025 earnings on April 29th with mixed results that suggest...
Freefly Systems Secures 70,000 SQFT Lease in Woodinville From Terreno Realty
Freefly Systems, a leading designer and manufacturer of camera movement systems and stabilizers for unmanned aerial cinematography, is significantly expanding its footprint in...
Kilroy Realty Reports Decline in Q1 2025 Earnings Amid Challenging Office Market
Kilroy Realty Corporation (NYSE: KRC), a leading West Coast office and life science REIT, reported a decline in first-quarter earnings, reflecting ongoing challenges...
Rite Aid Seeking Buyer for All Company Assets After Declaring Chapter 11 Bankruptcy
Company in Active Discussions with Multiple Interested Potential Acquirors; Robust Sale Process Supported by $1.94 Billion in New Financing Commitments and Facilitated Through...
Consumer Confidence Drops Sharply in April Amid Growing Anxiety Over Jobs and Income
Consumer confidence in the United States declined for the fifth consecutive month in April, as households grow increasingly uneasy about their financial future,...
