Articles Filed Under: Tech

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Tech Mogul’s Silicon Valley Lair Now Listed for $38 Million Less

Tech Mogul’s Silicon Valley Lair Now Listed for $38 Million Less

Having hit the market with a bit of fanfare and an $88 million price tag back in 2015, the 21,400-square-foot Los Altos Hills home at 27500 La Vida Real was quietly listed behind an undisclosed address for $68 million early last year and subsequently reduced to $55 million this... Read More »

Concept Proposals for Fort Scott Slated for Formal Review

Concept Proposals for Fort Scott Slated for Formal Review

The concept proposals for redeveloping roughly two dozen buildings in the Presidio, buildings which are spread across 30 acres near the Golden Gate Bridge and comprise Fort Winfield Scott, will be presented and formally reviewed by the Presidio Trust’s Board of Directors on Thursday, September 27. As we first... Read More »

Real Life Aviato Club in the City’s Crosshairs

Real Life Aviato Club in the City’s Crosshairs

Purchased for $855,000 in 2004, the single-family home at 166 Newton Street in Crocker Amazon has been operating as an illegal “hacker/co-living house for entrepreneurs, developers, digital nomads and students.” Unregistered with the City but still listed on Airbnb, the host of the “Aviato Club” on Newton, whom had... Read More »

Three Leading Proposals for the Redevelopment of Fort Scott

Three Leading Proposals for the Redevelopment of Fort Scott

The Presidio Trust has just completed their preliminary review of the nine (9) concept proposals for the redevelopment of the roughly two dozen buildings spread across 30 acres of the Presidio that comprise Fort Winfield Scott into a “Campus for Change” and has narrowed the field to three (3)... Read More »

Rents Tick Up along with Delivery of New Office Buildings in SF

Rents Tick Up along with Delivery of New Office Buildings in SF

With 1.3 million square feet of new office space having been delivered over the past quarter, all of which was pre-leased and instantly absorbed, included The Exchange at 16th (Dropbox) and the tower at 181 Fremont Street (Facebook), the average asking rent for office space in San Francisco ticked... Read More »

Plans to Expand and Caffeinate Reddit’s HQ in SF

Plans to Expand and Caffeinate Reddit’s HQ in SF

Purchased for $45 million in 2016 having been leased to Reddit, plans to convert the 33,000-square-foot, 185-space parking garage portion of the original NBC Radio City building at 420 Taylor Street, which was designed by Albert Roller, on the border of the Tenderloin, into 36,000 square feet of additional... Read More »

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

Tech Mogul’s Silicon Valley Estate Now Listed for $33 Million Less

The 21,400-square-foot home at 27500 La Vida Real in Los Altos Hills, which was built for Kumar Malavalli, the co-founder of Brocade Communications Systems and current VC, hit the market with a bit of fanfare and an $88 million price tag back in 2015. Features of the five-bedroom home... Read More »

Delivery of New Development Driving the Office Market in SF

Delivery of New Development Driving the Office Market in SF

The average asking rent for office space in San Francisco inched up 0.5 percent in the first quarter of 2018 to an all-time high of $71.40 per square foot per year, which is 2.5 percent above the mark at the same time last year. And the net absorption of... Read More »

Startup Mansion Fetches its 2015 Price

Startup Mansion Fetches its 2015 Price

Purchased by a venture capitalist for $3.98 million in August of 2015, the 7,500-square-foot Victorian at 1880 Turk Street has been serving as the headquarters and crash pad for a number of said VC’s startups, including the cryptocurrency company Bread(wallet). Returned to the market listed for $4.8 million last... Read More »

Amazon Eliminates Bay Area from HQ2 Competition: The Final 20

Amazon Eliminates Bay Area from HQ2 Competition: The Final 20

Having received proposals from 238 suitors, including a Bay Area Council-led bid which combined Concord, Fremont, Oakland, Richmond and San Francisco, Amazon has just released its short-list of 20 cities that are still in the running to land the behemoth’s second North American headquarters, a full equal to their... Read More »