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Articles Filed Under: Commercial

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Re-Opening of San Francisco’s Economy, November Report

Re-Opening of San Francisco’s Economy, November Report

While local bridge traffic is back to around 90 percent of its pre-Covid volume, BART ridership is still down by nearly 80 percent and weekly office attendance within the San Francisco Metropolitan area – which includes Alameda, Contra Costa, Marin, San Francisco and San Mateo counties – is still... Read More »

Counterintuitive Landmarking Slated to Proceed

Counterintuitive Landmarking Slated to Proceed

San Francisco’s Historic Preservation Commission is slated to initiate a formal landmarking of the historic brick building on the southeast corner of Kansas and 15th Streets next week, a designation which could counterintuitively clear the way for the redevelopment of the 90,000-square-foot Takahashi Trading Company complex into office space.... Read More »

Design District Lab Development Closer to Reality, But…

Design District Lab Development Closer to Reality, But…

The formal application to move forward with the development of a block-long, 5-story laboratory building on the western side of De Haro, from 15th to 16th Streets, has been filed with Planning. As we outlined earlier this year, the shuttered World Gym and office building on the 250 De... Read More »

New 520-Foot-Tall Tower About to Rise

New 520-Foot-Tall Tower About to Rise

While the ground for Build Inc’s 420-foot-tall tower across the street has yet to be broken, despite being approved/entitled back in 2017, the development of Lendlease’s 520-foot-tall tower to rise at 30 Van Ness, on the Northeast corner of Van Ness and Market, is underway. Orginally envisioned to yield... Read More »

Housing Dropped from Approved Dogpatch Plans

Housing Dropped from Approved Dogpatch Plans

As we outlined back in 2018, plans to raze the two-story Dogpatch building on the northwest corner of 20th and Illinois, which is home to Jim’s Smoke Shop and Deli, were slated to be approved. And as proposed by Workshop1, a six-story building was to rise up to 68... Read More »

Shuttered WeWork Golden Gate Space Back on the Market

Shuttered WeWork Golden Gate Space Back on the Market

Having sat vacant for 20 years, the 56,000-square-foot office condo at 25 Taylor Street, above the Golden Gate Theater, was purchased by War Horse Cities for $6 million in 2012 and converted into “WeWork Golden Gate,” which opened in 2013 and “activated and energized the district and paved the... Read More »

Office Vacancy Rate Inches Up in S.F. Despite Leasing Activity

Office Vacancy Rate Inches Up in S.F. Despite Leasing Activity

Having ticked over 20 percent in the second quarter of the year, the effective office vacancy rate in San Francisco has inched up another 40 basis points (0.4 percentage points) to 20.5 percent, which represents 17.5 million square feet of vacant office space in the city, with 6.8 million... Read More »

Iconic Castro Building Back on the Market

Iconic Castro Building Back on the Market

With plans to convert the prominent Bank of America/Italy building on the southwest corner of Castro and Market into a “Randy Rooster” burlesque club having fallen through back in 2013, at which point the building was in contract to be sold to the backers of the club for $7.7... Read More »

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

East Bay Office Vacancy Rate Ticks Up to 17.9 Percent

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 17.9 percent at the end of September, which includes 4.6 million square feet of un-leased space and 1.2 million square feet of space which has been leased but is sitting vacant... Read More »

Planning to Protect Neighborhood Laundromats, for Now

Planning to Protect Neighborhood Laundromats, for Now

With a third of the neighborhood-serving Laundromats in San Francisco having shuttered over the past eight years, which has disproportionally impacted lower-income and older residents in buildings without in-unit or shared laundry facilities, San Francisco’s Planning Commission is slated to amend San Francisco’s Planning Code to prohibit the demolition... Read More »