Purchased by Owen Van Natta, the onetime Facebook COO and former executive at MySpace, Zynga and Amazon, for $9.0 million in June of 2011, the gated Palo Alto neo-Tudor which sits on over an acre of land at 369 Churchill Avenue has since been completed renovated and expanded to... Read More »

As envisioned by Cross Bay Transit Partners, which is private affiliation between Facebook and Plenary, in conjunction with the San Mateo County Transit District, the Dumbarton Transportation Project would yield a new high-capacity rail link “between residential neighborhoods in the East Bay and job centers on the San Francisco... Read More »

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 »

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 »

Facebook has inked a lease for all 432,000 square feet of office space within the bottom two-thirds of the 54-story tower finishing up construction at 181 Fremont Street. The space can accommodate up to 3,000 workers, many, if not most, of which are likely to be current employees and... Read More »

After a former Facebook couple raised the ire of their future Dolores Heights neighbors by proposing to build a 5,600-square-foot, single-family home across the 323 Cumberland Street parcel (upon which a 900-square-foot cottage had stood up until a few weeks ago) and its adjacent undeveloped lot, for which the... Read More »

The purchase of the 950-square-foot Dolores Heights cottage at 323 Cumberland Street along with its adjacent undeveloped lot for $3,550,000 in November 2012 raised an eyebrow or two as the property had been listed for $2,400,000. Plans to raze the cottage, merge the lots and build a 5,600-square-foot home... Read More »

Briefly on the market for $5,250,000 this past September, the converted Noe Valley Firehouse at 3816 22nd Street quickly sold for $5,550,000 or $955 per square foot and the buyer was an extinct giant elk. Okay, so the buyer wasn’t actually an extinct giant elk but rather the “Megaloceros,... Read More »

The Dow Jones Industrial Average closed the day at 14,253.77, up 8.8 percent for the year and a new all-time high, having doubled in value since 2009. The S&P 500 closed the day at 1,539.79, within 2 percent of an all-time high. Facebook closed the day at $27.52 a... Read More »

While Apple has their iCon, Facebook has engaged the iconic Frank Gehry to design their Menlo Park campus expansion with plans to break ground in early 2013. From Facebook’s Environmental Design Manager, Everett Katigbak on the design: It will be a large, one room building that somewhat resembles a... Read More »