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Bay Area Tech Giants Bring Office Leasing Home as Market Value Jumps 28%

Bay Area-headquartered public companies have gained 28 percent in market value over the past year and are steering a growing share of their...

westfield mall san francisco
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...

San Francisco Downtown Skyline Aerial View at Sunset, California, CA
AECCommercialFeaturedINDUSTRY newsLeasing

San Francisco Hits 10 Quarters Without New Office Construction as Related’s 390,000 SQFT The Jackson Lines Up to Break Ground

San Francisco has gone 10 straight quarters without a single square foot of office space delivered or under construction, and Related California's 41-story...

Rendering of building design in San Francisco
AECCommercialINDUSTRY news

San Francisco Recovery Fund Files Formal Plans for 1.5MM SQFT Fifty at First Office Tower, Holds Hotel and Housing Tower in Reserve

The San Francisco Recovery Fund has formally asked city planners to rework the stalled Oceanwide Center approvals at First and Mission streets, trading...

Rendering of building design in San Francisco
AECCommercialINDUSTRY newsLeasing

BXP Signs On as Consultant, JLL Lands Leasing Assignment for 1.5MM SQFT Fifty at First Tower in San Francisco

The San Francisco Recovery Fund has formally brought BXP aboard as a development, leasing and marketing consultant and named JLL exclusive office leasing...

Rendering of building design in San Francisco
AECCommercialINDUSTRY news

BXP, SF Recovery Fund Unveil 1.5MM SQFT Fifty at First Tower on Former Oceanwide Site in San Francisco

BXP and the San Francisco Recovery Fund unveil Fifty at First, a 915-foot, 1.5MM SQFT office tower on the former Oceanwide Center site,...

westfield mall san francisco
FinanceINDUSTRY newsRetail

Presidio Bay Ventures and Prado Group Win Bid to Acquire 1.2MM SQFT San Francisco Centre for $130MM+

The San Francisco-based developers plan a mixed-use conversion of the shuttered downtown landmark that once held a valuation exceeding $1 billion, marking a...

San Francisco skyline with Ferry Building in the forefront
AECCommercialFinanceINDUSTRY news

San Francisco Recovery Fund Acquires Oceanwide Center Site for $60MM, Plans 910-Foot Office Tower

Partnership led by Jay Yang and Dan Kingsley closes on distressed downtown development at 80 percent discount, aims to build near-twin to Salesforce...

San Francisco looking up Market Street towards Sutro Tower
AECCommercialFinanceINDUSTRY news

Haitong Wins $100MM Auction for Stalled Oceanwide Center Site in San Francisco

Lender's credit bid clears path for San Francisco Recovery Fund to acquire troubled downtown development project Chinese financial services giant Haitong secured the...

Skyline of San Francisco with a look down Market Street
AECCommercialFinanceINDUSTRY news

San Francisco’s Stalled Oceanwide Tower Site Faces Foreclosure as Downtown Searches for Revival

The skeletal remains of what was supposed to be San Francisco's second-tallest building will go under the gavel next week, as Chinese lender...

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AECCommercialFinanceINDUSTRY news

San Francisco’s Oceanwide Center Heads for $95MM Sale as Office Market Shows Signs of Recovery

The troubled Oceanwide Center development in San Francisco's financial district appears headed for a dramatic resolution, with a new investment fund preparing to...

San Francisco's Oceanwide Center Revival: Veteran Developer Eyes Downtown's Biggest Eyesore
AECCommercialFeaturedINDUSTRY news

San Francisco’s Oceanwide Center Revival: Veteran Developer Eyes Downtown’s Biggest Eyesore

A stalled construction site that has scarred San Francisco's Financial District for nearly a decade may finally be getting a second chance at...

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