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Articles Filed Under: Commercial

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Visualizing All the Vacant Office Space in San Francisco

Visualizing All the Vacant Office Space in San Francisco

As we outlined last week, the amount of vacant office space in San Francisco has ticked up to a pandemic high of 18.7 million square feet versus under 5 million square feet prior to the pandemic. For context, the 1,070-foot-tall Salesforce/Transbay tower at First and Mission, which is the... Read More »

Office Vacancy Rate in San Francisco Hits a Pandemic High

Office Vacancy Rate in San Francisco Hits a Pandemic High

Having inched down to just under 20 percent at the end of last year, the effective office vacancy rate in San Francisco ticked back up to a pandemic high of 21.7 percent in the first quarter of 2022, representing 18.7 million square feet of vacant office space in the... Read More »

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Office Vacancy Rate in the East Bay Eases, First Drop Since 2019

Having ticked over 18 percent at the end of last year, the office vacancy rate in the East Bay, not including Walnut Creek or further east, inched down to 17.3 percent in the first quarter of 2022, representing the first decline in the vacancy rate since late 2019 (at... Read More »

An Institution’s Parcel Is in Play

An Institution’s Parcel Is in Play

Home to Popeyes Louisiana Kitchen since 1986, the 2,000-square-foot building and parcel on the southwest corner of Divisadero and Hayes, which was purchased for $350,000 in 1988, is now on the market with a $2,395,000 price tag. The substandard corner parcel is zoned for development up to 65 feet... Read More »

Plans to Eliminate San Francisco’s Industrial Protection Zone

Plans to Eliminate San Francisco’s Industrial Protection Zone

Created in 2001 to protect industrial businesses from being displaced by higher-paying residential, retail and office developments in San Francisco’s Eastern Neighborhoods, the City’s Industrial Protection Zone (IPZ) Special Use District applies Manufacturing (M) zoning controls to a large swath of land in Bayshore and western Bayview, generally bounded... Read More »

Plans for Massive New Distribution Center(s) Closer to Reality

Plans for Massive New Distribution Center(s) Closer to Reality

It was that back in 2014 that we first noted that the LaSalle Industrial Park complex at 749 Toland Street, upon which four single-story warehouse buildings with a total of 448,000 square feet of space currently sit, bisected by I-280, was on the market in western Bayview.  And as... Read More »

Plans for Bayview to Get Lucky Proceed

Plans for Bayview to Get Lucky Proceed

The formal application to convert the shuttered 9,549-square-foot Walgreens within the Bayview Plaza Shopping Center at 3801 3rd Street into a supermarket has been submitted to Planning. And while the conversion would yield a smaller than average store, the plans for the proposed Lucky include fresh produce, meat, baked... Read More »

Waterfront Parcel on the Market Positioned for Development

Waterfront Parcel on the Market Positioned for Development

Purchased for $1.1 million in 2002, owned by the Delaney Trust, and positioned as “one of the last privately held properties on the waterfront,” the two-story industrial/arts building at 600 Illinois Street, on the southwest corner of Illinois and Mariposa, across from The Ramp and home to Delaney +... Read More »

A Retail to Residential Conversion in the Works

A Retail to Residential Conversion in the Works

Plans to subdivided and convert 3,336 square feet of vacant retail space at the base of the Bay Tower apartment complex at 388 Beale Street into new residential units have been drawn. If approved, the plans would yield 6 new studio apartments and a (1) one-bedroom and would be... Read More »

The Re-Opening of San Francisco’s Economy, February Report

The Re-Opening of San Francisco’s Economy, February Report

Having dropped back under 20 percent in January, driven by the Omicron surge, the weekly attendance rate for office workers in San Francisco, which was nearing 30 percent in mid-December, has since ticked back up to around 25 percent, according to the City’s latest Re-Opening report. At the same... Read More »