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Skyline of San Francisco from the sky
CommercialFinanceINDUSTRY news

Owner That Took 132,000 SQFT 2101 Mission From Deutsche Bank Debt Brings Former Thrift Town Building to Market in San Francisco

2101 MS Property Holdings LLC, which acquired Deutsche Bank's position on a loan of up to $75.8 million and took title to the...

view of San Francisco from air with Bay Bridge
AECFinanceINDUSTRY newsResidential

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

The project, refined since its 2021 approval, will deliver 152 apartments, 15 of them affordable, in late 2028, as county rents climb 15.7...

facade of an industrial property
CommercialIndustrialINDUSTRY newsLeasing

Anthropic Eyes 100,000 SQFT Industrial Building at 2000 Folsom in San Francisco’s Mission District for R&D Lab

If the deal for the former food factory at 2000 Folsom St. closes, Anthropic would join Amazon Robotics, Medra and DoorDash in taking...

Skyline of San Francisco from the sky
CommercialINDUSTRY newsLeasing

Retool Renews 55,000 SQFT at the Hamm’s Building, 1550 Bryant St., as San Francisco Tenants Keep Space in a Tightening Market

Software company Retool renewed its 55,000-square-foot headquarters at the former Hamm's brewery building at 1550 Bryant St., according to CBRE, as rising rents...

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...

interior office space
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,...

law gavel
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...

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