Articles Filed Under: Commercial

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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 »

West SoMa Building on the Market, Touting Hope for a High-Rise

West SoMa Building on the Market, Touting Hope for a High-Rise

Built in 1942, the former Leemah Electronics building at 1301 Folsom Street, on the southeast corner of Ninth, traded hands for $8.5 million in early 2014. And earlier this year, plans to completely renovate and convert the 36,000-square-foot structure into a LEED Platinum, Net-Zero Energy office building, at an... Read More »

Elbo Room Redevelopment Granted Streamlined Review

Elbo Room Redevelopment Granted Streamlined Review

While the owners of the two-story building at 645 Valencia Street have abandoned their original plans to raze the corner building which is currently leased to the Elbo Room, new plans to add three stories atop the existing structure and convert the top four floors into seven units of... Read More »

Controversial West Berkeley Development Closer to Reality

Controversial West Berkeley Development Closer to Reality

If approved and permitted by the City of Berkeley, the entire Fourth Street block bounded by Fourth Street, Heart Avenue, the Union Pacific Railroad corridor, and University Avenue will be leveled and a 2.2 acre development will rise up to five stories and 71-feet in height across the 1900... Read More »

Plans for West Oakland People’s Market Advance

Plans for West Oakland People’s Market Advance

Having secured the West Oakland site for a new full-service food market and social hall back in March, People’s Community Market has now filed their formal application to raze the existing 5,300 square foot building at 3103 Myrtle Street and construct a new 14,174-square-foot grocery fronting San Pablo Avenue,... Read More »

Five More Transbay Transit Center Lawsuits in the Works

Five More Transbay Transit Center Lawsuits in the Works

While the Transbay Joint Powers Authority (TJPA), which is in charge of San Francisco’s new Transbay Transit Center, has already been named as a defendant in two lawsuits related to the sinking of the adjacent Millennium Tower, lawsuits which could further delay the delivery of train service to the... Read More »