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San Francisco looking up Market Street towards Sutro Tower
AECFinanceINDUSTRY newsResidential

Ascentris, DM Development Close on 152-Unit 321 Florida in San Francisco’s Mission, Land $61.7MM PNC Construction Loan

The Denver-based private equity firm Ascentris and San Francisco developer DM Development have closed on 321 Florida and a $61.7 million PNC Bank...

Rendering of sidewalk and building design
AECINDUSTRY newsResidential

DM Development, Thompson Builders Move to Break Ground This Fall on 168-Unit 321 Florida in San Francisco’s Mission

A joint venture of DM Development and Thompson Builders is moving to break ground this fall on 321 Florida, a nine-story, 168-unit apartment...

nastuh-abootalebi-yWwob8kwOCk-unsplash-office interior
CommercialINDUSTRY newsLeasing

AI Search Startup Exa Leases 40,000 SQFT Pioneer Building in San Francisco, Following OpenAI and xAI

Exa, the five-year-old artificial intelligence search company backed by Andreessen Horowitz, has signed a seven-year lease for the Mission District's landmark Pioneer Building,...

tingey-injury-law-firm-veNb0DDegzE-unsplash-law
CommercialFeaturedIndustrialINDUSTRY newsResidential

Housing Groups Sue San Francisco and State to Void 1,900-Parcel Industrial Carve-Out From SB 79

Three pro-housing legal organizations have asked a San Francisco judge to void the city's Senate Bill 79 implementation ordinance, arguing that the roughly...

Skyline of San Francisco with fog moving from the West
CommercialFinanceINDUSTRY news

Greymark Capital Buys Historic 56,000 SQFT Redstone Building in San Francisco’s Mission for $7MM

The Redstone Building, a century-old San Francisco landmark and longtime home to the city’s arts and labor organizations, has traded for $7.15 million,...

Manufacturing
AECCommercialINDUSTRY newsLeasing

Bright Machines Leaves San Francisco for 60,000 SQFT Burlingame Headquarters to Chase AI Manufacturing Boom

The robotics startup, backed by Nvidia and Microsoft, is abandoning a cramped 10,000-square-foot Mission District office for six times the space in Burlingame's...

San Francisco city hall
FeaturedINDUSTRY newsResidential

San Francisco Cuts Inclusionary Housing Rate to 5%, Exempts Projects Under 24 Units

The San Francisco Board of Supervisors voted 9-2 on Tuesday to cut the city’s inclusionary housing requirement from 15 percent to 5 percent...

utility poles and electric wires
AECFeaturedFinanceINDUSTRY news

San Francisco Clears Environmental Hurdle in $3.4B Bid for PG&E’s Electric Grid

San Francisco’s planning commission has certified the environmental review required to pursue a public takeover of PG&E’s local electric grid, advancing a $3.4...

Skyline of San Francisco with fog moving from the West
CommercialFinanceINDUSTRY news

95,000 SQFT CitiCenter at 1717 Mission Street in San Francisco Traded for $14.9MM

Peter Acworth’s latest San Francisco acquisition arrives at 67 cents on the dollar relative to its 2020 asking price with the addition of...

Skyline of San Francisco with fog moving from the West
AECCommercialFinanceINDUSTRY news

La Scuola Opens 20,370 SQFT, $34.85MM Vertical Campus at 3270 18th Street in San Francisco’s Mission

La Scuola International School has completed a purpose-built, four-story campus in San Francisco’s Mission District, capping a roughly $35 million project financed largely...

Skyline of San Francisco with fog moving from the West
CommercialFinanceINDUSTRY news

Bayspring Pays $9.75MM for DaVita-Anchored 17,170 SQFT Mission District Building in San Francisco

A Miami owner has sold its renovated, DaVita-anchored mixed-use building on San Francisco’s 16th Street to San Francisco-based Bayspring Real Estate Partners for...

Rendering of an apartment building with a blue sky background
AECFeaturedFinanceINDUSTRY newsResidential

Mercy Housing Opens 145-Unit 1633 Valencia Senior Housing in San Francisco at Roughly Half the Typical Cost

Mercy Housing California and its partners cut the ribbon on 1633 Valencia, a 145-unit permanent supportive housing community for formerly homeless seniors that...

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