Articles Filed Under: Tech

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Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015. Features of the five-bedroom home... Read More »

Delivery of New Development Driving the Office Market in SF

Delivery of New Development Driving the Office Market in SF

The average asking rent for office space in San Francisco inched up 0.5 percent in the first quarter of 2018 to an all-time high of $71.40 per square foot per year, which is 2.5 percent above the mark at the same time last year. And the net absorption of... Read More »

Startup Mansion Fetches its 2015 Price

Startup Mansion Fetches its 2015 Price

Purchased by a venture capitalist for $3.98 million in August of 2015, the 7,500-square-foot Victorian at 1880 Turk Street has been serving as the headquarters and crash pad for a number of said VC’s startups, including the cryptocurrency company Bread(wallet). Returned to the market listed for $4.8 million last... Read More »

Amazon Eliminates Bay Area from HQ2 Competition: The Final 20

Amazon Eliminates Bay Area from HQ2 Competition: The Final 20

Having received proposals from 238 suitors, including a Bay Area Council-led bid which combined Concord, Fremont, Oakland, Richmond and San Francisco, Amazon has just released its short-list of 20 cities that are still in the running to land the behemoth’s second North American headquarters, a full equal to their... Read More »

Development Driving the Office Market in San Francisco

Development Driving the Office Market in San Francisco

The average asking rent for office space in San Francisco inched up 0.7 percent in the fourth quarter of 2017 to end the year at an all-time high of $71.02 per square foot per year. That being said, the year-over-year gain in asking rent dropped to 1.8 percent, down... Read More »

Uber Quiet Sale of Pac Heights Home for $16.5M Is a Fait Accompli

Uber Quiet Sale of Pac Heights Home for $16.5M Is a Fait Accompli

As we first reported last month: Purchased for $7.995 million in early 2015, at which point the home’s total square footage measured around 6,200 square feet, including its lower level and three-car garage, the Pacific Heights home at 3090 Pacific Avenue has since undergone a major renovation and remodel.... Read More »

An Uber Sale in the Works

An Uber Sale in the Works

Purchased for $7.995 million in early 2015, at which point the home’s total square footage measured around 6,200 square feet, including its lower level and three-car garage, the Pacific Heights home at 3090 Pacific Avenue has since undergone a major renovation and remodel. And while the remodeled home has... Read More »

Uber Selling Uptown Oakland Office before It Opens next Year

Uber Selling Uptown Oakland Office before It Opens next Year

Having previously announced plans to sublet over half of the former Sears Building in Uptown Oakland which Uber purchased for $123.5 million in 2015, the company is now looking to sell the entire building prior to its expected opening in the second quarter of next year. And according to... Read More »

Embattled Dolores Park Hive Back on the Market for $6.8 Million

Embattled Dolores Park Hive Back on the Market for $6.8 Million

Purchased by the Hive Communities LLC for $6.495 million in April of last year, an ongoing battle with a number of neighbors and San Francisco’s Planning Department over the apparent commercial use of the 5,493-square-foot condo at 651 Dolores Street, one of four condos within the converted Second Church... Read More »

Bay Area Employment Slips, Trending Down in S.F. and Alameda

Bay Area Employment Slips, Trending Down in S.F. and Alameda

On the heels of the weakest first quarter for employment growth since 2009, the number of people living in San Francisco with a job dropped by 1,100 in May to 542,600 versus ticking up by 800 in May of last year and 2,600 in May of 2015. But with... Read More »