Articles Filed Under: Commercial

(910 posts)
Evolution on Market and Grove

Evolution on Market and Grove

Plans to add six new stories atop the skinny two-story building at 1236 Market Street, adjacent to Sam’s Diner at 1220 Market, have been drawn and submitted to the City for review. The proposed project and existing building on the site extend to 37 Grove Street, which was formerly... Read More »

Foreclosed upon El Rey Theater Could Soon Be Landmarked

Foreclosed upon El Rey Theater Could Soon Be Landmarked

Designed by master architect Timothy Pflueger and opened in 1931, the 1,800-seat El Rey Theater at 1970 Ocean Avenue was shuttered and sold to Voice of Pentecost in 1977, which then converted the 35,000-square-foot building into a church and small Pentecostal school. Mortgaged to pay for upgrades to the... Read More »

Plans for Historic Tech Space on Howard

Plans for Historic Tech Space on Howard

Plans to convert the two-story warehouse building at 1076 Howard Street into 15,000 square feet of open tech space are in the works, which includes an expansion of the building’s mezzanine level and the addition of a new roof deck and stairwell. While historic designations can hinder development, in... Read More »

Office Rents Hit a Record High in SF but Barely Budged Last Year

Office Rents Hit a Record High in SF but Barely Budged Last Year

Having slipped for the first time since 2010 in the third quarter of last year, the average asking rent for office space in San Francisco inched up 0.8 percent in the fourth quarter and ended 2016 at a record high of $69.77 per square foot per year, up a... Read More »

Housing Could Rise on Shuttered American Cyclery Site

Housing Could Rise on Shuttered American Cyclery Site

With American Cyclery having shuttered their “too” annex at 858 Stanyan Street at the end of last year in anticipation of a significant rent hike, the 2,650-square-foot, single-story building on the northeast corner of Stanyan and Frederick is now on the market for $2.5 million. Priced and positioned as... Read More »

Macy’s Selling Stonestown Galleria Store, Will Be Redeveloped

Macy’s Selling Stonestown Galleria Store, Will Be Redeveloped

In addition to selling its Men’s Store in Union Square, which will be shuttered and redeveloped, Macy’s is in contract to sell its 280,000-square-foot Stonestown Galleria location, which opened in 1952, to General Growth Properties. And while sale does include a temporary leaseback of the store, it’s only until GGP... Read More »

Why LuLu’s Shuttering Shouldn’t Come as a Surprise

Why LuLu’s Shuttering Shouldn’t Come as a Surprise

While the shuttering of Restaurant LuLu after 24 years at 816 Folsom Street appears to have caught some by surprise, the writing was on the wall if you knew where to look. Purchased for $1 million back in 1991, the parcel upon which the restaurant’s 8,600-square-foot building sits is... Read More »

Morgan Stanley’s Vision to Transform the Macy’s Men’s Store Building

Morgan Stanley’s Vision to Transform the Macy’s Men’s Store Building

With Macy’s Men’s Store building at 120 Stockton Street slated to be sold to Morgan Stanley for $250 million next year, after which Macy’s will lease the Union Square building for a couple of years as it consolidates into its flagship store across the street, we now have Morgan... Read More »

Plans to Flood the Dilapidated Alexandria Theater

Plans to Flood the Dilapidated Alexandria Theater

With the redevelopment of the former parking lot parcel behind the dilapidated Alexandria Theater at 5400 Geary Boulevard underway, new plans to completely redevelop the actual theater have been drawn. And as newly proposed by TimeSpace Real Estate, the first floor of the theater will be turned into a... Read More »

Plans to Raze a Few Restaurants and Clubs for Housing to Rise

Plans to Raze a Few Restaurants and Clubs for Housing to Rise

Plans to raze four buildings on the northwest corner of Folsom and Russ, including the current homes of Deli Board, Fondue Cowboy and Alchemy/Catalyst at 1060 Folsom, have been granted priority processing and are working their way through Planning. And as proposed, a new six-story building designed by Goldman... Read More »