Detailed Plans for that Massive Mid-Market Whole Foods Complex

Detailed Plans for that Massive Mid-Market Whole Foods Complex

Slated to open at Market and Eighth circa 2021, in the base of the fourth and final phase of the massive Trinity Place development, the majority of the proposed 46,000-square-foot Whole Foods Market will be below ground, accessed via a grand entry fronting Market Street. But above the market,... Read More »

BrainWash Building Back on the Market for $1.5 Million More

BrainWash Building Back on the Market for $1.5 Million More

Having sold for $4.6 million in February, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to the BrainWash cafe and laundromat for nearly three decades, has since been painted and remodeled, with four office suites (three of which are vacant) over... Read More »

Bay Area Employment Drops along with Unemployment Rates

Bay Area Employment Drops along with Unemployment Rates

Having recorded an above-average bump in seasonal hires in July, the number of people residing in San Francisco with a job dropped by 3,000 over the past month to 557,200. But with the labor force having dropped by 3,300 to 570,900, the employment rate in the city dropped from... Read More »

Former Building Inspection Commission President Tagged for Fraud

Former Building Inspection Commission President Tagged for Fraud

San Francisco’s City Attorney, Dennis Herrera, has just filed suit against construction engineering firm Santos & Urrutia Associates, its principals and several clients and contractors over “an elaborate scheme” to excavate and expand under multiple San Francisco homes without securing proper permits and employing forged documents, lies and fake... Read More »

Benchmark Mortgage Rate Effectively Hits a Seven-Year High

Benchmark Mortgage Rate Effectively Hits a Seven-Year High

The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.65 percent, which is 82 basis points above its mark at the same time last year and within 1 basis points of the seven-year high rate of 4.66 percent which... Read More »

Sixth Straight Year-Over-Year Decline for Existing U.S. Home Sales

Having dropped 4.6 percent since the end of the first quarter, the seasonally adjusted pace of existing-home sales across the U.S. held at an annual rate of 5.34 million sales in August, which is 1.5 percent lower versus the same time last year and the sixth year-over-year decline in... Read More »

Asking Rents in SF and Oakland Ticked Up but Didn’t Peak in Q3

Asking Rents in SF and Oakland Ticked Up but Didn’t Peak in Q3

Having ticked up a little over one (1) percent from the second to third quarter of this year, the weighted average asking rent for an apartment in San Francisco – including one-off rentals as well as those in larger developments such as 150 Van Ness above – is now... Read More »

Refined Plans and Timing for Semi-Massive Redevelopment

Refined Plans and Timing for Semi-Massive Redevelopment

With an Environmental Impact Report (EIR) for the formally proposed semi-massive redevelopment of CPMC’s nearly 5-acre California Hospital Campus at 3700 California Street about to be drafted, the project team has refined their plans and projected timing for the project. The refined plans now include 273 units of high-end... Read More »

Sexy Time Development Take Two

Sexy Time Development Take Two

Plans to raze the recently shuttered Institute for Advanced Study of Human Sexuality building at 1523 Franklin Street and construct a decidedly modern building designed by Alan Tse and Charles Chan Architectural Studio upon its corner parcel have been abandoned. But plans to redevelop the site are moving forward.... Read More »

End of Days for the Elbo Room?  Building on the Market for $4.2M

End of Days for the Elbo Room? Building on the Market for $4.2M

With the Elbo Room’s lease now set to expire on January 1, 2019 and plans to redevelop its site having been approved, the corner building which it currently occupies at 645-647 Valencia Street is now on the market with a $4.2 million price tag, touting transferable building permits for... Read More »