Plans for an SRO Tower Addition Scrapped, Site Up for Grabs

Plans for an SRO Tower Addition Scrapped, Site Up for Grabs

Plans for a 9-story, stepped-back “tower” addition to rise up to 100 feet in height atop the two-story Jiffy Lube building on Van Ness, between Jackson and Pacific, were informally presented to Planning back in 2018. And in 2019, the paperwork to secure a building permit for the project... Read More »

Inventory Levels Start Ticking Back up, Poised To Climb

Inventory Levels Start Ticking Back up, Poised To Climb

Having dropped at the end of last year with a typical culling of unsold listings and seasonal slowdown in play, along with nearly twice as many homes in contract than there were at the end of 2019, the number of homes listed for sale in San Francisco (880) has... Read More »

Change in Plans to Expedite Development of New Tower

Change in Plans to Expedite Development of New Tower

The refined plans for a 61-story tower to rise up to 800 feet in height at 542-550 Howard Street (a.k.a. Transbay Parcel F) were approved by San Francisco’s Planning Commission early last year, plans which could yield 165 condos, a 189-room hotel, 275,000 square feet of office space and... Read More »

Office Vacancy Rate in the East Bay Nearing 16 Percent

Office Vacancy Rate in the East Bay Nearing 16 Percent

With the office vacancy rate in San Francisco having ticked up to 16.7 percent, the vacancy rate for office space in the East Bay is now nearing 16 percent as well, with 4 million square feet of un-leased space and over a million square feet of space which has... Read More »

Industrial Chic Wine Country Retreat Fetches $953 Per Foot

Industrial Chic Wine Country Retreat Fetches $953 Per Foot

Purchased for $1.45 million in 2011, the former wine country cooperage on Lodi Lane in Saint Helena was converted into an industrial chic residence/retreat, complete with a new pool, pool house and an outdoor kitchen with a wood burning pizza oven and grill in 2014. And the 4,800-square-foot home,... Read More »

Visualizing the Vacant Office Space in San Francisco

Visualizing the Vacant Office Space in San Francisco

As we outlined yesterday, there is now nearly 14 million square feet of vacant office space spread across San Francisco, which is up from around 12 million square feet of vacant space just three months ago and as compared to under 5 million square feet of vacant space at... Read More »

Stylish South Beach Penthouse Dropped Over 20 Percent

Stylish South Beach Penthouse Dropped Over 20 Percent

Purchased for $2.75 million in November of 2015, the two-story unit #801 atop the boutique Gold Certified building at 750 2nd Street returned to the market priced at $2.995 million in May of 2019, a sale at which would have represented net appreciation of 8.9 percent or roughly 2.4... Read More »

Nearly 14 Million Square Feet of Vacant Office Space in S.F.

Nearly 14 Million Square Feet of Vacant Office Space in S.F.

In addition to 6.7 million square feet of un-leased office space now spread across San Francisco, which is up from 5.6 million square feet of un-leased space just three months ago, there is now another 7.2 million square feet of office space which has been leased but is sitting... Read More »

Now Listed for Over 20 Percent Less in Lower Pacific Heights

Now Listed for Over 20 Percent Less in Lower Pacific Heights

Purchased for $2.1 million in September of 2018, the 1,900-square-foot, full-floor condo at 1940 Bush Street, which “dazzles with great period details and contemporary finishes” in Lower Pacific Heights, a few blocks from Fillmore Street, Japan Town and Lafayette Park, returned to the market priced at $2.199 million this... Read More »

Benchmark Mortgage Rate Ticks Up, Short-Term Rate Jumps

Benchmark Mortgage Rate Ticks Up, Short-Term Rate Jumps

Having dropped to a new all-time low last week, the average rate for a benchmark 30-year mortgage has since ticked up 14 basis points (0.14 percentage points) to 2.79 percent but remains 86 basis points, or nearly 24 percent, below its mark at the same time last year and... Read More »