A 21% “Gap” In Values From 2005 To 2009 For 550 Terry Francois
By way of a plugged-in tipster and the Wall Street Journal, Tishman Speyer is contract to sell 550 Terry Francois Blvd. (a.k.a. Gap’s outpost in Mission Bay) for $136.5 million.…
Out With Tower Records (Three Years Ago), In With Trader Joe’s?
From Market at Noe street shopping center owner Kent Jeffrey via the San Francisco Business Times: “Finally, after nearly three years with no anchor tenant, a huge mortgage, the building…
Noe Whole Foods Opens In The Morning (And The Pumpkins Are Safe)
Seven months ago Whole Foods Market was given the green light to convert (but not raze and rebuild) the shuttered Bell Market on 24th Street in Noe. Wednesday at 10…
Wells Fargo Adds 375K Feet To San Francisco’s Negative Absorption
“Wells Fargo has terminated its 375,000-square-foot lease at 155 Fifth St. in San Francisco, adding another empty building to an office leasing market with a nearly 20 percent vacancy rate.”…
Will Tavern On The Green’s Bankruptcy Kill An SF Outpost?
Citing “extreme financial distress brought on by the current financial crisis and the City of New York’s decision not to renew lease,” New York’s Tavern on the Green has filed…
555 Mission: Sequoia’s Penthouse Sublease At 40 Percent Off
Last year Sequoia Capital secured the 14,718 square foot penthouse atop 555 Mission for seven years at a rate of $84 per square foot. According to the San Francisco Business…
San Francisco’s Commercial Sublease Snapshot: September 2009
According to Colliers International, 2,721,080 square feet of commercial sublease space is currently on the market in San Francisco (49% of which is currently vacant), up a net 266,000 square…
QuickLinks: Same Day And Story, Two Rather Different Takes
∙ Hotel losses mount, hurting city’s coffers ∙ Hotels stay booked amid recession
A Peek Into NEW PEOPLE (And Future For Japantown?) At 1746 Post
The NEW PEOPLE complex (previously known as the J-Pop Center) opened its doors this weekend at 1746 Post. There’s a small theater dedicated to Japanese productions in the basement, eats…
Will It Or Won’t It, You Make The Call On A Commercial Backed Crisis
“Commercial property is “certainly going to be a significant drag” on growth, said Dean Maki, a former Fed researcher who is now chief U.S. economist in New York at Barclays…