It’s Biotechnology Hub Interruptus As Pfizer Pulls Out Of Mission Bay
“New York drug giant Pfizer has pulled the plug on plans to open a biotech research center near UCSF’s Mission Bay Campus, a move that deals a blow to San…
A Half-Price Sale For Class A Commercial Real Estate In San Francisco
“An undisclosed U.S. private-equity firm bought the $40.8 million note on 250 Montgomery St. for about half its face value, according to industry sources. The sale was about 60 percent…
San Francisco Retail Space Update: Vacancy Rate Up Four-ish Fold
According to Colliers International retail broker Ross Portugeis, “San Francisco’s retail vacancy rate leaped in the past year from 3 or 4 percent to 12 or 13 percent” but Portugeis…
From Renovation To Potentially Razed For 680/690 Folsom
According to J.K. Dineen, TMG Partners’ renovation and redesign of 680/690 Folsom might never see the light of day through those proposed glass curtain walls. Instead, the buildings could be…
Transbay Terminal: Banking On Stimulus Funds And Opening In 2015
Banking on $400 million in federal stimulus funds to be announced by the Federal Railroad Administration in October, the Transbay Joint Powers Authority has modified construction plans for San Francisco’s…
JustQuotes: It’s A Good Time To Be A New Tenant In San Francisco
“Tenant-starved San Francisco office landlords are laying on the concessions. A new report from the tenant brokerage Studley shows property owners are now shelling out an average of $45 per…
San Francisco’s New Cruise Ship Terminal Gets A $3.5M Kick Start
“The prospect of a new San Francisco cruise ship terminal became more real Tuesday when the Port Commission authorized a $3.5 million contract with the city’s Department of Public Works…
The 690 Stanyan Project Scoop: Scaled Back To An Interior Gutting
A plugged-in reader reports on the proposed 690 Stanyan Project: “The other half had a storewide meeting at Whole Foods last night. It was told to them that the Stanyan…
San Francisco SWL 337 Proposal: Downsized And Drawn Out
The proposed retail space for San Francisco’s Seawall Lot 337/Pier 48 (a.k.a. “Mission Rock”) has been cut by more than half and the developers are pushing to “complete the project…
Eastern Neighborhoods “Amnesty” To Continue Business As Usual
The San Francisco Planning Department is offering zoning “amnesty” to 7,000 property owners that aren’t currently compliant within the recently rezoned Eastern Neighborhoods. Thus far, one landlord has applied for…