BrainWash Building on the Market in Western SoMa

BrainWash Building on the Market in Western SoMa

Purchased for $749,000 in 1988, the two-story Western SoMa building at the corner of Folsom and Langton Streets, which was home to the recently shuttered BrainWash cafe and laundromat for nearly three decades, is now on the market with a $4.95 million price tag. The 4,000-square-foot Folsom Street parcel... Read More »

San Francisco and East Bay Employment Slip, Santa Clara Gains

San Francisco and East Bay Employment Slip, Santa Clara Gains

While seasonal hiring typically ticks employment up at the end of the year, the number of people living in San Francisco with a job slipped by 500 in December to 556,900 while the unemployment rate held at a record low of 2.3 percent as the size of the labor... Read More »

Prime Downtown Oakland Parcel Zoned for More Height in Play

Prime Downtown Oakland Parcel Zoned for More Height in Play

The Norman Marks Health Club building on the corner of 14th and Harrison Streets in Downtown Oakland, which had been a family run gym for nearly seven decades, is now in contract to be sold with a $4 million price tag. The 9,800-square-foot parcel, which sits at the intersection... Read More »

Boutique Union Square Infill Hotel Closer to Reality

Boutique Union Square Infill Hotel Closer to Reality

Approved for development back in 2001 but then waylaid by the dotcom collapse, followed by a decline in tourism after 9/11 and then by “the collapse of the housing market and overall poor economic conditions” in San Francisco following the Great Recession, the parking lot parcel at 72 Ellis... 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 »

Benchmark Mortgage Rate Back above 4%

Benchmark Mortgage Rate Back above 4%

The average rate for a benchmark 30-year mortgage inched up 5 basis points over the past week to 4.04 percent, which is 5 basis points below the 4.09 percent rate in place at the same time last year but the highest rate in eight months and 26 basis points above... Read More »

Timeline for Adoption of SF’s Big Central SoMa Plan Has Been Reset

Timeline for Adoption of SF’s Big Central SoMa Plan Has Been Reset

Having been pushed back a few months, slipped a few and then pushed back a few more, San Francisco’s Planning Department is now aiming to formally initiate the legislative process required to adopt San Francisco’s ambitious Central SoMa Plan at the Planning Commission hearing scheduled for March 1. As... Read More »

San Francisco’s First Shake Shack Could Open Right Here

San Francisco’s First Shake Shack Could Open Right Here

Speaking of big plans for shuttered Real Food Company sites in San Francisco, the owners of the former Cow Hollow location on the southeast corner of Fillmore and Filbert have met with the City to discuss a conversion of the nearly 12,000-square-foot building into a “luxury fine casual restaurant... Read More »

Long-Shuttered Real Food Location Positioning to Reopen

Long-Shuttered Real Food Location Positioning to Reopen

As we first reported a few months ago: “The former Real Food building at 3939 24th Street, in the heart of Noe Valley, has been vacant since 2003 when the grocery was suddenly shuttered. Two months ago it was reported that HGGC, the private equity group co-founded by former... Read More »

Prominent Market Street Project Closer to Reality

Prominent Market Street Project Closer to Reality

Having qualified for a streamlined environmental review this past November, the refined designs for a 96-unit building to rise up to 85 feet in height at the intersection of Market and Duboce, behind the historic façade of the former Gantner Brothers’ Funeral Home building at 1965 Market Street, could... Read More »