Presidio Bay Ventures
Morgan Stanley’s Prime Property Fund Puts 250,000 SQFT 150 California Street on the Market in San Francisco
Morgan Stanley's Prime Property Fund is marketing 150 California Street, a 249,960-square-foot, 24-story Financial District tower completed in 2000, as investors return to...
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...
AI Tenants Push San Francisco Trophy Office Rents Toward $180 as ‘Flight to Experience’ Takes Hold
On the latest episode of CBRE's The Weekly Take podcast, Presidio Bay founder Cyrus Sanandaji and CBRE's Conor Famulener argued that San Francisco's...
Kilroy, Norges Bring 785,000 SQFT 303 Second Street to Market in San Francisco
Kilroy Realty and Norges Bank Investment Management have put 303 Second Street, a 784,658-square-foot SoMa office complex that was about 64 percent occupied...
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...
Transfer Taxes, Trust Funds and CEQA: The Nov. 3 Ballot Measures Bay Area Developers Are Watching
With ballots already in voters' hands, a slate of Nov. 3 measures, from a San Francisco change to how foreclosed commercial property is...
AI Data Center Conversion Floated for 350,000 SQFT Former Bloomingdale’s at Shuttered San Francisco Centre
San Francisco building officials received an AI data center permit inquiry for the vacant Bloomingdale’s at 845 Market St. months before the city...
Palo Alto Class B Office Trades Top $500 Per SQFT Even as Submarket Vacancy Barely Moves
Palo Alto's office vacancy improved just 10 basis points over the past year, trailing neighboring submarkets, yet institutional buyers frequently paid more than...
Institutional Buyers Top 50% of San Francisco Office Sales for First Time Since 2022 as Volume Hits $2.91B
For the first time since 2022, institutional buyers account for more than half of San Francisco's office investment volume this year, according to...
Menlo Park’s Measure P Fight Tops $478,000 as Downtown Parking-Lot Housing Plan Heads to Voters
With ballots going out Oct. 5, Menlo Park’s Measure P — a citizen initiative requiring voter approval before the city redevelops any of...
Presidio Bay Takes Title to 209,000 SQFT 301 Battery From RFR via Deed in Lieu, Lands $85.6MM Bluerock Loan in San Francisco
Recorded documents show RFR Holding surrendered the former Federal Reserve Bank building at 301 Battery Street to a Presidio Bay Ventures entity on...
Ridge Capital Takes 272,000 SQFT 201 California in San Francisco From Columbia Property Trust for $75MM, Backed by $80.1MM Rialto Loan
Ridge Capital Investors closed on the 17-story 201 California Street tower in San Francisco's Financial District for $75 million in July, financing the...
