Articles Filed Under: Commercial

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Belli’s Barbary Coast (And At One Time) Belle Of A Building

Belli’s Barbary Coast (And At One Time) Belle Of A Building

As Melvin Belli’s one time Gold Coast home still seeks a buyer, over the past month the infamous and Landmark Belli Building at 722-728 Montgomery has been doing the same. The flamboyant and influential Belli was a pivotal figure in today’s litigious society as an innovator in the area... Read More »

Commercial Comp (And Art Gallery Coming) On Union Street

Commercial Comp (And Art Gallery Coming) On Union Street

A plugged-in tipster reports that the sale of the commercial retail condo at 2120 Union Street closed escrow on Friday with a reported contract price of $843,700 ($623 per square foot), asking $1,199,000 in June. According to our tipster it took five counter offers to get the deal done... Read More »

Whole Foods On Stanyan At Haight (Less 62 Condos) Has Its Lease

Whole Foods On Stanyan At Haight (Less 62 Condos) Has Its Lease

As we reported via a plugged-in tipster in May: “The other half had a storewide meeting at Whole Foods last night. It was told to them that the has been scaled back to be just like the Noe Valley project. No external construction – no condos,... Read More »

Half-Price Sale For (Mostly Vacant) Class A Commercial Continues

“Prudential Real Estate Investors is in contract to sell the to Shorenstein for $170 a square foot , a 56 percent drop from the $385 a square foot or $56.9 million that the city assessed the…property for last fiscal year. The only other... Read More »

San Francisco’s Commercial Sublease Snapshot: November 2009

San Francisco’s Commercial Sublease Snapshot: November 2009

According to Colliers, 2,411,525 square feet of commercial sublease space is currently on the market in San Francisco, down 248,159 square feet over the past 30 days but once again driven by withdrawn listings rather than absorption (negative 89,527 square feet). The percentage of space available for sublease that... Read More »

Twenty Percent Off Sale Around Union Square

“There are close to two dozen vacancies in the Union Square area, and the vacancy rate stands at 10 percent, with 4 percent more available for sublease, said Julie Taylor of Cornish & Carey. And while very few long-term deals have been signed, flexible or shorter-term leases are being... Read More »

Lowe’s Has Finalized A Lease And Broken Ground On Bayshore

Lowe’s Has Finalized A Lease And Broken Ground On Bayshore

The tentative lease signed by Lowe’s for the old Goodman Lumber Bayshore Boulevard site early this year has been finalized. And construction on the 107,000-square-foot store should start soon has begun with an expected opening as early as August 2010. ∙ Let’s Build Something (On Bayshore) Together: Lowe’s Signs... Read More »

A 21% “Gap” In Values From 2005 To 2009 For 550 Terry Francois

A 21% “Gap” In Values From 2005 To 2009 For 550 Terry Francois

By way of a plugged-in tipster and the Wall Street Journal, Tishman Speyer is contract to sell 550 Terry Francois Blvd. (a.k.a. Gap’s outpost in Mission Bay) for $136.5 million. Tishman paid $173.1 million for the 282,773 square foot, fully leased (through 2017), and “state-of-the-art” building in 2005. Call... Read More »

Out With Tower Records (Three Years Ago), In With Trader Joe’s?

Out With Tower Records (Three Years Ago), In With Trader Joe’s?

From Market at Noe street shopping center owner Kent Jeffrey via the San Francisco Business Times: “Finally, after nearly three years with no anchor tenant, a huge mortgage, the building on the verge of being lost, resources exhausted, and hope fading, we are thrilled to report we have a... Read More »

Noe Whole Foods Opens In The Morning (And The Pumpkins Are Safe)

Noe Whole Foods Opens In The Morning (And The Pumpkins Are Safe)

Seven months ago Whole Foods Market was given the green light to convert (but not raze and rebuild) the shuttered Bell Market on 24th Street in Noe. Wednesday at 10 am Whole Foods Market Noe Valley opens its doors (with a 9:45 am bread-breaking before). At the same time,... Read More »