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Articles Filed Under: Commercial

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Market Street Conversion on the Boards!

Market Street Conversion on the Boards!

Purchased for $30 million, or roughly $725 per existing square foot, last year, plans to expand, renovate and modernize the five-story commercial building at 838 Market Street, which was built as a shoe store for Sommer & Kaufman in 1930 and was more recently occupied by Levi’s, have been... Read More »

Condo Conversion of the Warfield Theater Building, Take Two

Condo Conversion of the Warfield Theater Building, Take Two

Once again, don’t panic, The Warfield Theater itself isn’t being converted into condos a la the Lighthouse development across from Dolores Park. But plans to convert 25,000 square feet of the Gustav Albert Lansburgh designed Warfield Theater Building’s commercial space at 988 Market, across the top five floors of... Read More »

Redevelopment of “Junky” Nob Hill Theater Closer to Reality

Redevelopment of “Junky” Nob Hill Theater Closer to Reality

Purchased by a doctor for $2.7 million in 2018 and subsequently shuttered, the revised plans for redeveloping the iconic Nob Hill “Touch our Junk” Theater at 729 Bush Street, which had operated as a gay night club and male porn venue for 50 years, were conditionally approved last month.... Read More »

Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

Office Vacancy Rate in Oakland’s City Center Ticks Over 34%

The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 18.4 percent at the end of last year, roughly double the vacancy rate prior to the pandemic. In addition to 4.9 million square feet of un-leased space, the current vacancy rate... Read More »

Enough Empty Office Space for 160,000 People in San Francisco

Enough Empty Office Space for 160,000 People in San Francisco

As we outlined yesterday, the amount of vacant office space in San Francisco has just hit a new pandemic-era high of nearly 21 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the tallest building in San Francisco, contains 1.35 million square feet... Read More »

Office Vacancy Rate in San Francisco Hits an Even Higher High

Office Vacancy Rate in San Francisco Hits an Even Higher High

Having hit a pandemic-era high of 23 percent in the third quarter of last year, the effective office vacancy rate in San Francisco has since ticked up another 110 basis points to just over 24 percent, representing nearly 21 million square feet of vacant office space in buildings spread... Read More »

North Beach Institution Positioned for Redevelopment

North Beach Institution Positioned for Redevelopment

The quirky 10,572-square-foot structure that occupies an odd-shaped 11,918-square-foot lot at 1040 Columbus Avenue, a parcel that fronts Francisco and Taylor Streets as well and has been home to Kennedy’s Irish Pub & Curry House for over three decades, is on the market for $6.5 million, touting “outstanding upside... Read More »

Dogpatch Development on the Boards

Dogpatch Development on the Boards

Plans to raze the old Cresco equipment rental warehouse and equipment yard at 700 Indiana Street, between the Avalon Dogpatch dog park and the Dogpatch Arts Plaza, across from Esprit Park, are in the works. And as proposed, a three-story building would rise up to 49 feet in height... Read More »

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Office Vacancy Rate in Oakland’s City Center Ticks Over 33%

Having ticked down from 18.1 percent at the end of last year to 16.3 percent three months ago, the office vacancy rate in the East Bay, not including Walnut Creek or further east, has ticked back up to 17.3 percent, with net negative absorption of 269,000 square feet of... Read More »

Enough Empty Office Space for over 150,000 People in S.F.

Enough Empty Office Space for over 150,000 People in S.F.

As we outlined earlier this week, the amount of vacant office space in San Francisco has just hit a new pandemic high of 19.9 million square feet. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the tallest building in San Francisco, contains 1.35 million square... Read More »