Articles Filed Under: Tech

(48 posts)

Vast Majority of Hometown Airbnb Hosts Remain Scofflaws

According to Airbnb, there are nearly 9,500 listings for short-term rentals in San Francisco on Airbnb alone, listed by 7,046 unique hosts. According to the City, it has received a total of 1,647 applications to register as a legal host. And as such, it would appear that roughly 77... Read More »

San Francisco Office Rents at All-Time High but Acceleration Slows

San Francisco Office Rents at All-Time High but Acceleration Slows

The average asking rent for office space in San Francisco hit a record high of $68.14 per square foot at the end of 2015, surpassing the dot-com record of $66.00 per square foot set in the fourth quarter of 2000 by 3.2 percent. And at 5.9 percent, the current... Read More »

LinkedIn’s Tumble Could Roil the Market in San Francisco

Back in 2014, when LinkedIn pre-leased the entire 450,000-square-foot building at 222 Second Street that’s slated to open its doors later this year with room for up to 2,500 employees, its stock was trading around $175 per share. As a plugged-in reader wrote at the time: “For tech companies... Read More »

Plans to Expand Former Liquor Warehouse to Serve More Tech

Plans to Expand Former Liquor Warehouse to Serve More Tech

Recently renovated along with the adjoining three-story warehouse building which is currently home to Weebly, Sierra Maestra Properties has quietly drafted plans to add five new floors of office space atop the single-story portion of the building at 462 Bryant Street. As proposed, the existing 3,500 square-foot mezzanine within... Read More »

Multi-Million Dollar Price Cut For Luxury Faraday Cage With Views

Multi-Million Dollar Price Cut For Luxury Faraday Cage With Views

Listed for $8.6 million in May and reduced to $7.6 million in early October, the asking price for the full-floor Pacific Heights cooperative apartment which was taken down to the studs and turned into a luxury Faraday cage with views has just been reduced by another $1.9 million (25... Read More »

Square Prices at 42 Percent Below Last Private Round

In an attempt to engineer a big post-offering pop, and avoid an infectious fizzle, Square (SQ) priced its shares, which will start trading Thursday, at $9 apiece. The $9 price is 18 percent below the low-end of the expected range and 42 percent below the $15.46 price at which... Read More »

Million Dollar Price Cut For Luxury Faraday Cage With Views

Million Dollar Price Cut For Luxury Faraday Cage With Views

As we first reported earlier this year, the fourth floor of 2170 Jackson Street was taken down to the studs; every external wall, sub-floor and ceiling surface was painted with a thick semi-conducting paint; the floors were connected with wire tape to the walls; the walls were connected with... Read More »

Pinterest Signs Pre-Lease For Entire SoMa Development

Pinterest Signs Pre-Lease For Entire SoMa Development

Pinterest has just inked a pre-lease for the entire 140,000-square-foot building to rise at 505 Brannan, a Central SoMa development which is slated to break ground early next year and be ready for occupancy in 2017. Designed by Heller Manus for TMG Partners, the 505 Brannan Street building will... Read More »

Future SoMa Tech HQ Approved To Rise

Future SoMa Tech HQ Approved To Rise

The proposed 300,000-square-foot office building to rise at 510 Townsend Street, with open floor plans and a private “eatery” on the top floor, has been approved by San Francisco’s Planning Department. Having been entirely pre-leased to payments company Stripe, and with the paperwork for the necessary demolition and building... Read More »

Analyst’s Airbnb Findings And Recommendations For San Francisco

Analyst’s Airbnb Findings And Recommendations For San Francisco

According to a new Legislative Analyst’s report, an estimated 25 to 50 percent of all Airbnb listings in San Francisco are for “commercially hosted” units, units which are continuously rented on a short-term basis and never occupied by their owners, “removing housing units that would otherwise be available for... Read More »