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FinanceINDUSTRY newsRetail

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...

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AECINDUSTRY newsResidential

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.

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AECCommercialINDUSTRY newsRetail

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...

westfield mall san francisco
FinanceINDUSTRY newsRetail

B3 Investors in Talks to Buy Former Bloomingdale’s Space at San Francisco Centre

An investor is quietly negotiating to buy roughly a third of downtown San Francisco's largest dead mall, even as the broader, fully vacant...

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CommercialFinanceINDUSTRY news

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...

westfield mall san francisco
AECCommercialFinanceINDUSTRY newsRetail

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...

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FeaturedINDUSTRY newsRetail

San Francisco Neighborhood Retail Thrives Under 5% Vacancy as Focus Shifts Downtown, Maven’s DeRose Says

San Francisco's neighborhood shopping corridors have filled to near capacity after five years of decentralization, and with high-traffic streets under 5 percent vacancy,...

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CommercialFinanceINDUSTRY newsRetail

Ian Jacobs Affiliate Pays $48.5MM for Bulgari-Anchored Union Square Building in San Francisco

A Reichmann family scion just placed one of his biggest bets yet on Union Square's recovery, closing on a Bulgari-anchored building days after...

westfield mall san francisco
CommercialFinanceINDUSTRY newsRetail

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...

westfield mall san francisco
CommercialFinanceINDUSTRY newsRetail

Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market

Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with...

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FinanceINDUSTRY newsRetail

San Francisco Investor Buys Gump Family’s Majority Stake in 32,000 SQFT 250 Post for $19.15MM

A local investor with a personal tie to the property has acquired the Gump family's controlling interest in 250 Post Street, ending an...

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CommercialFinanceINDUSTRY newsLeasingRetail

Trophy Union Square Building Anchored by Bang & Olufsen’s Flagship Lists for Sale in San Francisco

A private Orinda investor is testing buyer appetite for one of Union Square's most coveted luxury blocks, with a fully leased, freshly renovated...

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