Storied North Beach Venue Now Going the “Auction” Route
Despite having been reduced from $8.35 million to $7.5 million last year, a sale at which would have equaled roughly $511 per listed square foot, versus an estimated replacement cost…
East Bay Office Landlords Trying to Hold Firm, But…
The office vacancy rate in the East Bay, not including Walnut Creek or further east, nor life science/lab space, which is a methodological change, ticked up 80 basis points in…
As Office Vacancy Rate Climbs, Another Shoe Is Poised to Drop
The effective office vacancy rate in San Francisco ticked up to just under 25 percent in the first quarter of this year, representing over 21 million square feet of vacant…
Market Street Conversion on the Boards!
Purchased for $30 million, or roughly $725 per existing square foot, last year, plans to expand, renovate and modernize the five-story commercial building at 838 Market Street, which was built…
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Condo Conversion of the Warfield Theater Building, Take Two
Once again, don’t panic, The Warfield Theater itself isn’t being converted into condos a la the Lighthouse development across from Dolores Park. But plans to convert 25,000 square feet of…
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Redevelopment of “Junky” Nob Hill Theater Closer to Reality
Purchased by a doctor for $2.7 million in 2018 and subsequently shuttered, the revised plans for redeveloping the iconic Nob Hill “Touch our Junk” Theater at 729 Bush Street, which…
Office Vacancy Rate in Oakland’s City Center Ticks Over 34%
The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 18.4 percent at the end of last year, roughly double the vacancy…
Enough Empty Office Space for 160,000 People in San Francisco
As we outlined yesterday, the amount of vacant office space in San Francisco has just hit a new pandemic-era high of nearly 21 million square feet. For context, the 1,070-foot-tall…
Office Vacancy Rate in San Francisco Hits an Even Higher High
Having hit a pandemic-era high of 23 percent in the third quarter of last year, the effective office vacancy rate in San Francisco has since ticked up another 110 basis…
North Beach Institution Positioned for Redevelopment
The quirky 10,572-square-foot structure that occupies an odd-shaped 11,918-square-foot lot at 1040 Columbus Avenue, a parcel that fronts Francisco and Taylor Streets as well and has been home to Kennedy’s…