San Francisco real estate tips, trends and the local scoop: "Plug In" to SocketSite™
The Jones Lang LaSalle outlook for office space in San Francisco: Downsizing companies paired with sluggish tenant demand will cause downward pressure on rental rates to gain momentum in 2009.…
From J.K. Dineen at the San Francisco Business Times: Downtown San Francisco’s weakest year for commercial real estate since 2001 ended with a whimper, with the central business district losing…
A plugged-in (and observant) reader reports: There has been a sign at Rincon Center for the past 4-6 months saying that a Martini Park bar will be opening in late…
“A new Colliers International report found weighted average rents in the financial district dropped from $56.17 to $41.34 a square foot during the , a 26.4 percent decline. Across the…
“Cost-cutting tenants have dumped 1.2 million square feet of unwanted office space on the sublease market since July 1, the latest sign that San Francisco’s economy is slowing amid a…
Last week a plugged-in tipster noted for sale signs had been hung, and this weekend 616 Divisadero (a.k.a. the Harding Theater) hit the MLS listed for $4 million. In the…
“Next year, we’re going to have the sublease swap meet of the century,” said David Klein, a partner with San Francisco brokerage firm NAI BT Commercial. “Sublessors competing for the…
From the San Francisco Business Times: Alexandria Real Estate Equities will delay starting construction on two buildings at its Mission Bay biotech campus, despite having tenants willing to lease at…
From a plugged-in tipster today: 351 California is one of the Dollar buildings (forgot which one), later the Pacific Bank Building, and currently the HQ Brugnara Properties. Luke Brugnara is…
“The will see significant changes, including a new main entrance on Fourth Street. The building will also face outward more; restaurants along Fourth Street will have entrances onto the street,…