San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
From the San Francisco Business times: Peter Tso, a Chinese investor who owns several properties in Union Square, has paid $8.5 million for the 11,000-square-foot building at 239 Grant St.,…
As you might recall, Union Street was recently pegged as one of San Francisco’s three weakest retail corridors. To put it in visual perspective, a tipster directs us to a…
According to Colliers International, 2,454,475 square feet of commercial sublease space is currently on the market in San Francisco (54% of which is currently vacant), down a net 148,911 square…
It’s a fixed-income manager’s two ways of looking at Wells Fargo’s doubling down on commercial mortgage-backed bonds: “One is: Your past history tells me you don’t know how to assess…
“Hines and Sterling American Property will give 333 Bush St. back to lenders Brookfield Real Estate Finance and Munich Hypo Bank, according to a statement from Hines executives.” (Hines, Sterling…
“Polatnick Properties has planted its flag in Jackson Square with the…$7 million acquisition of 731 Sansome St. Polatnick paid about $185 a square foot for the 38,000-square-foot office building, less…
From the San Francisco Examiner: Taking a cue from cities such as New York, San Diego and San Jose, pilot program will temporarily place original art installations in vacant storefront…
“CBRE says that downtown San Francisco’s availability rate for office space has now cracked 20 percent. It predicts that the city “will soon pass its all-time availability rate of 20.6…
“The Port of San Francisco is preparing to reduce its minimum required lease payments to help fill vacant space and compete in San Francisco’s flailing office market….Under proposals due to…
While San Francisco’s W Hotel has sold for $90 million (less than half its estimated replacement cost), a “two-year $90 million loan for the 277-room Four Seasons Hotel San Francisco”…