Nordstrom
Seven Equity Group Seeks $98.7MM Loan to Raze $132.5MM San Francisco Centre for Up to 2.4MM SQFT of Office, Housing and Hotels
Seven Equity Group, the New York investor under contract to buy the shuttered San Francisco Centre for $132.5 million, is seeking up to...
Seven Equity Group Selected to Buy Shuttered 1.5MM SQFT San Francisco Centre
New York-based Seven Equity Group, a specialist in repositioning distressed retail, has been selected to buy the vacant San Francisco Centre on Market...
Nordstrom Rack Returns to San Francisco With 51,000 SQFT Union Square Store at 2 Stockton Street
Three years after Nordstrom pulled both of its downtown San Francisco stores, the retailer is bringing its off-price Nordstrom Rack brand back to...
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Downtown Walnut Creek Retail Rents Climb to New Peaks as Investors Pay $997 per SQFT
A Colliers report finds the East Bay district holding pricing power on the strength of an affluent consumer base, repeat visitation and a...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT's Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
Union Square Retail Vacancy Slides to 15% as San Francisco’s Downtown Comeback Gathers Momentum
Luxury tenants expand footprints and lease deals proliferate, but a 28 percent office vacancy and Grosvenor's Bay Area retreat underscore the fragility of...
Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio
The Santa Monica-based mall operator's 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
Westfield Lists 101,700 SQFT Office Portfolio at 814-818 Mission Street in San Francisco
The vacant twin-building offering arrives with housing conversion on the table as the French conglomerate continues its retreat from the beleaguered downtown corridor....
Nordstrom Expands California Presence With Two New Local Service Hubs in San Diego and Danville
The 1,190-square-foot San Diego location and 1,214-square-foot Danville hub will open in June, bringing the retailer's service-focused micro-format concept to six California locations...
Build, Inc., Seeks Entitlement Extension for 495-Unit Tower San Francisco’s SoMa District
The long-delayed 27-story residential project, first proposed nearly a decade ago, remains a surface parking lot as the developer cites challenging market and...
