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 »
Zoned for development up to 300-feet in height, a 30-story hotel was proposed to rise on the northwest corner of Pine and Kearny in 1981. In 1982, the proposal was changed to a 26-story office building, a proposal which was never approved for the 500 Pine Street parcel upon... Read More »
A joint venture has been formed to develop the 19-story office tower to rise at 350 Bush, designed by Heller Manus to incorporate the terra cotta facade and columns of the landmark San Francisco Mining Exchange Building on the parcel along with the long-vacant adjacent lot. China-based Gemdale Corporation... Read More »
“The established neighborhoods continue to be fine and never dropped. Unfortunately, that’s inco...” [more]
“UPDATE: As projected, Benchmark Mortgage Rate Ticks Down but Holding at Over 6%...” [more]
“Its a reckoning for the SF market. If under-utilized space is included maybe 35% vacancy?...” [more]
“What are all y'all talking about. They did it in black and white. That's the thing, right? ;)...” [more]
“then i would argue for lessening the degree of increase. would prefer .125% increases as opposed to...” [more]
“Once again, “while the net number of homes on the market in San Francisco (i.e., inventory) is cur...” [more]
“Glad that you agree...” [more]
“And we're still 4M abobe 1800!! But I'd def like to see more discussuion on this point Which obvio...” [more]
“UPDATE: With the benchmark 30-year mortgage rate still hovering around 6.5 percent, despite last wee...” [more]
“How 'bout - get ready for it! - white wallpaper ??...” [more]