Articles Filed Under: Industry Stuff

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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 »

Reported $18.8 Million Sale Really Wasn’t

Reported $18.8 Million Sale Really Wasn’t

Having been on the market for $19.675 million at the end of 2016, the seven-bedroom home at 224 Sea Cliff Avenue appeared to have quietly sold for $18.8 million at the end of 2017. But alas, as surmised by another reader, the sale never occurred. In fact, Brugnara Properties... Read More »

Plans for Raising the Roof and Density across from Outerlands

Plans for Raising the Roof and Density across from Outerlands

Four-year-old plans for a four-story building with six (6) residential units to rise over a new ground floor commercial space on the southeast corner of Judah Street and 45th Avenue, across from Outerlands in the Outer Sunset, are being abandoned. Instead, new plans for a five-story building to rise... Read More »

Pricing Index for New Condos in San Francisco Ticks Up, Sales Slip

Pricing Index for New Condos in San Francisco Ticks Up, Sales Slip

The number of purchase contracts signed for new construction condos in San Francisco slipped at the end of 2017 – from 61 in November to 37 in December – and were down 33 percent on a year-over-year basis, according to sales office data collected by The Mark Company. At... Read More »

Plans for 96 Affordable Studios to Rise Right Here

Plans for 96 Affordable Studios to Rise Right Here

While not currently zoned for the development of residential units, plans for a five-story building with 96 below market rate studios to rise over 2,100 square feet of ground floor “Arts/PDR” space on the 56-space parking lot parcel at 71 Boardman Place have been drawn. As proposed by the... Read More »

Development Driving the Office Market in San Francisco

Development Driving the Office Market in San Francisco

The average asking rent for office space in San Francisco inched up 0.7 percent in the fourth quarter of 2017 to end the year at an all-time high of $71.02 per square foot per year. That being said, the year-over-year gain in asking rent dropped to 1.8 percent, down... Read More »

Uber Quiet Sale of Pac Heights Home for $16.5M Is a Fait Accompli

Uber Quiet Sale of Pac Heights Home for $16.5M Is a Fait Accompli

As we first reported last month: Purchased for $7.995 million in early 2015, at which point the home’s total square footage measured around 6,200 square feet, including its lower level and three-car garage, the Pacific Heights home at 3090 Pacific Avenue has since undergone a major renovation and remodel.... Read More »

This Will Define San Francisco in 2018

This Will Define San Francisco in 2018

Yes, the proposed development to rise at Fourth and Harrison has been redesigned by HOK for Boston Properties, incorporating a more curvilinear approach which would rise up to a height of 185 feet and yield 765,600 square feet of office space; 34,500 square feet of “modern” Production, Distribution and... Read More »

Designer Noe Pad Finally Fetches 27 Percent under Original Price

Designer Noe Pad Finally Fetches 27 Percent under Original Price

Priced at $6.8 million or roughly $1,420 per finished square foot at the beginning of the year, the list price for the designer five-bedroom home at 4352 26th Street was reduced to $5.995 million in May and the property was re-listed with an official “1” day on the market... Read More »

Plans for a Pair of Swoopy SoMa Towers Revealed

Plans for a Pair of Swoopy SoMa Towers Revealed

Tishman Speyer has formally filed their application to move forward with the development of two modern towers stretching across seven Central SoMa parcels (including those currently occupied by The Creamery, HD Buttercup, The Iron Cactus, United Barbell, TwentyThree and Waterfall) and rising up to 420 feet in height on... Read More »