Mid-Market
The Registry Ranks: SF Will Convert Fewer Than 1,000 Office Units to Housing by 2030. Here’s Where They’ll Be.
San Francisco now has a 30-year tax-increment district, transfer-tax and fee waivers, and a recovering office market. It also has only about four...
Plant Construction Tops Out New Seismic Core in UC Law SF’s $230MM Overhaul of Historic 100 McAllister Tower
Plant Construction and its project partners have topped out a new reinforced concrete core threaded up through UC Law SF's 28-story tower at...
AIG Files Default on $192MM Loan Backing 300,000 SQFT Phelan Building at 760 Market in San Francisco
Lender AIG has started the foreclosure clock on the Phelan Building at 760 Market Street, filing a notice of default against the Hotung...
Bedrock Robotics Lands $600MM at $4.1B Valuation, Takes 35,000 SQFT in San Francisco
Bedrock Robotics, the Waymo-alumni startup that retrofits excavators to dig without anyone in the cab, closed a $600 million Series C at a...
Hudson Pacific Wins Approval for 162,000 SQFT Housing Conversion at 901 Market Street in San Francisco
San Francisco approves Hudson Pacific’s plan to convert 901 Market Street’s offices into 162,400 SF of housing above 76,370 SF of retail.
CMBS Investors Take Total Loss on $48MM Loan as 103,000 SQFT of San Francisco’s 1155 Market Sells for $8MM
The $48 million CMBS loan on the lower eight floors of 1155 Market Street has been liquidated with nothing returned to principal, after...
San Francisco’s SoMa West Office Vacancy Sits at 19%, but Nearly 35% of Its Space Is Up for Lease
SoMa West's 19.1 percent office vacancy sits well below San Francisco's citywide rate, but 34.8 percent of its space is being marketed for...
Seven Equity Group Buys Westfield’s Twin Mission St. Buildings for $15.5MM in San Francisco, a 63% Decline in Value
814 and 818 Mission St. traded to entities linked to Seven Equity Group for roughly $15.5 million combined, landing almost exactly within the...
Manna Capital Stacks State Housing Laws for 40-Story, 288-Unit Tower in San Francisco
Chicago-based Manna Capital is wagering that California's density bonus law and SB 330 can turn a 0.2-acre surface parking lot at Eighth and...
STG Group Buys Eight Floors of San Francisco’s 1155 Market for $8MM, a Decade After $80MM Peak
A Petaluma value-add investor has taken control of the troubled lower half of 1155 Market Street for a fraction of its boom-era worth,...
Raintree Partners Sells Historic 68-Unit Wilson Building at 973 Market Street for $19MM in San Francisco
A New York-based investor has acquired The Wilson, the 68-unit adaptive-reuse apartment building at 973 Market Street, from Raintree Partners for $19 million,...
1.2MM SQFT San Francisco Centre & Emporium Hits the Market Again With Ground Lease Extended to 2082 and September Call for Offers
One of downtown San Francisco's largest and most troubled assets is back on the block, this time with a longer ground lease, lower...
