CFAH

Articles Filed Under: Tech

(78 posts)
Rents Tick Up along with Delivery of New Office Buildings in SF

Rents Tick Up along with Delivery of New Office Buildings in SF

With 1.3 million square feet of new office space having been delivered over the past quarter, all of which was pre-leased and instantly absorbed, included The Exchange at 16th (Dropbox) and the tower at 181 Fremont Street (Facebook), the average asking rent for office space in San Francisco ticked... Read More »

Plans to Expand and Caffeinate Reddit’s HQ in SF

Plans to Expand and Caffeinate Reddit’s HQ in SF

Purchased for $45 million in 2016 having been leased to Reddit, plans to convert the 33,000-square-foot, 185-space parking garage portion of the original NBC Radio City building at 420 Taylor Street, which was designed by Albert Roller, on the border of the Tenderloin, into 36,000 square feet of additional... Read More »

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015. Features of the five-bedroom home... Read More »

Delivery of New Development Driving the Office Market in SF

Delivery of New Development Driving the Office Market in SF

The average asking rent for office space in San Francisco inched up 0.5 percent in the first quarter of 2018 to an all-time high of $71.40 per square foot per year, which is 2.5 percent above the mark at the same time last year. And the net absorption of... Read More »

Startup Mansion Fetches its 2015 Price

Startup Mansion Fetches its 2015 Price

Purchased by a venture capitalist for $3.98 million in August of 2015, the 7,500-square-foot Victorian at 1880 Turk Street has been serving as the headquarters and crash pad for a number of said VC’s startups, including the cryptocurrency company Bread(wallet). Returned to the market listed for $4.8 million last... Read More »

Amazon Eliminates Bay Area from HQ2 Competition: The Final 20

Amazon Eliminates Bay Area from HQ2 Competition: The Final 20

Having received proposals from 238 suitors, including a Bay Area Council-led bid which combined Concord, Fremont, Oakland, Richmond and San Francisco, Amazon has just released its short-list of 20 cities that are still in the running to land the behemoth’s second North American headquarters, a full equal to their... Read More »

Development Driving the Office Market in San Francisco

Development Driving the Office Market in San Francisco

The average asking rent for office space in San Francisco inched up 0.7 percent in the fourth quarter of 2017 to end the year at an all-time high of $71.02 per square foot per year. That being said, the year-over-year gain in asking rent dropped to 1.8 percent, down... Read More »

Uber Quiet Sale of Pac Heights Home for $16.5M Is a Fait Accompli

Uber Quiet Sale of Pac Heights Home for $16.5M Is a Fait Accompli

As we first reported last month: Purchased for $7.995 million in early 2015, at which point the home’s total square footage measured around 6,200 square feet, including its lower level and three-car garage, the Pacific Heights home at 3090 Pacific Avenue has since undergone a major renovation and remodel.... Read More »

An Uber Sale in the Works

An Uber Sale in the Works

Purchased for $7.995 million in early 2015, at which point the home’s total square footage measured around 6,200 square feet, including its lower level and three-car garage, the Pacific Heights home at 3090 Pacific Avenue has since undergone a major renovation and remodel. And while the remodeled home has... Read More »

Uber Selling Uptown Oakland Office before It Opens next Year

Uber Selling Uptown Oakland Office before It Opens next Year

Having previously announced plans to sublet over half of the former Sears Building in Uptown Oakland which Uber purchased for $123.5 million in 2015, the company is now looking to sell the entire building prior to its expected opening in the second quarter of next year. And according to... Read More »