Douglas Sams
Senior Reporter at San Francisco Business Times
Editor-In-Chief @ Atlanta Business Chronicle [email protected]
Articles
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1 week ago |
bizjournals.com | Douglas Sams
The comments came during the company’s April 16 earnings call, as global supply chains face new uncertainty. Prologis Inc. says a “disconnected world” is driving increased demand for warehouse space, with customers accelerating shipments and urgently seeking logistics space. The comments came during the company’s April 16 earnings call, as global supply chains face new uncertainty following President Trump’s recent tariff announcements.
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1 week ago |
bizjournals.com | Douglas Sams
Strong rent growth in parts of the Bay Area helped drive the deal. Story HighlightsNew York Life targets trophy suburban propertyMultifamily remains the most active U.S. property sectorSan Mateo has seen steady rental demandA nearly 400-unit apartment portfolio at San Mateo’s Bay Meadows development has secured $170 million in refinancing, a sign that capital continues to chase trophy suburban properties.
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1 week ago |
bizjournals.com | Douglas Sams
The deal is among the largest commercial leases in the Bay Area this year. Autonomous vehicle startup Zoox is adding at least 200,000 square feet of office space near its Foster City headquarters — a significant expansion as the company continues its growth. Zoox has agreed to sublease much of Illumina Inc.’s campus at 200–800 Lincoln Centre Drive, less than a mile from its current hub, according to real estate insiders.
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1 week ago |
bizjournals.com | Douglas Sams
David Baker Architects, courtesy of MidPen Housing. Preview this article 1 minConstruction on the second phase should take about two years. The project will eventually create 555 affordable homes. MidPen Housing Corp. says it has secured nearly $163 million in financing to begin the next phase of a major redevelopment in San Mateo County that will eventually create more than 500 affordable homes.
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2 weeks ago |
bizjournals.com | Douglas Sams
Preview this article 1 minWhile California is still the top destination in the U.S., global tensions are rising. California tourism leaders have cut billions from this year’s travel spending forecast due to global trade tensions. Caroline Beteta, CEO of Visit California, said spending was originally expected to reach $166 billion in 2025, nearly 6% more than last year. But the state's tourism agency recently lowered its estimate by $6 billion.
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Why this Bay Area city has seen the most new housing proposals since the 1960s. https://t.co/f1wTJeIHAp
On, maker of the corporate world’s go-to sneaker whose fans include tennis legend Roger Federer, is eyeing its first San Francisco store. Its target: the city's vibrant Marina district. https://t.co/U4O61zMnZy
AI company Abridge, fresh off $250M round, targets 150 new hires @rleuty_biotech , San Francisco Business Times https://t.co/mB7wzDdD3u