Placer County Converts Auburn School Into California’s First New Police Academy in 20 Years
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in September 2026: $7B across 30 reported transactions. All Office coverage →
Computed from Real Estate Trail’s own tracked coverage
The Placer County Sheriff's Office has repurposed a shuttered Auburn elementary school into the first POST-certified law enforcement academy to open in California in more than two decades, a stopgap for a bond-funded…
External link. Real Estate Trail does not republish source content.
Related coverage — Office
Blanca Signs 117,764 SF of Office Leases at Waterford Business District in Miami
MIAMI — Blanca Commercial Real Estate has signed 15 leases at Waterford Business District, a 250-acre office campus located adjacent to Miami International Airport. Totaling 117,764 square feet, the transactions inclu…
Diptyque Signs Full-Floor Lease in North American Headquarters Move
George Comfort & Sons and building owner Wohio Holding Inc. announced a new lease agreement with Diptyque at 16 East 34th St., a newly renovated office and retail building located between Madison and Fifth Avenues in…
Change in development plan accelerates timeline for Camden's tallest office tower
Tishman Speyer Seeks $92M Tax Break For Next Hudson Yards Office Tower
California People and Company News, Week of Sept. 11, 2026
Cresa announced that veteran broker Bart Pucci has joined the firm as a Managing Principal. He will be based in the firm’s Century City office. An industrial and creative office specialist for more than 30 years and o…
City, State Officials Cut Ribbon on 126-Unit Mixed-Income Rentals in Downtown Boston
Massachusetts Lt. Gov. Kim Driscoll, Archbishop Richard G. Henning and Boston Mayor Michelle Wu joined with representatives of St. Francis House and the Archdiocese of Boston’s Planning Office for Urban Affairs…