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CommercialFinanceIndustrialINDUSTRY news

PG&E Lists 21,000 SQFT ‘Power Bunker’ Substation in San Francisco’s SoMa, Targeting AI and Computing Buyers

Pacific Gas & Electric has hired JLL to find a buyer for the Power Bunker, its decommissioned former Substation I in South of...

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CommercialINDUSTRY newsLeasingTechnology

Nebius Leases 43,000 SQFT at 274 Brannan St., Signing Its First Direct San Francisco Office Lease

Amsterdam-based AI cloud company Nebius has signed its first direct San Francisco office lease, taking the top two floors of Harvest Properties' 274...

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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...

San Francisco, California
CommercialFeaturedINDUSTRY newsLeasingLife Science

Kilroy Says San Francisco Demand Tops 10MM SQFT, Highest Since 2019, as Bay Area Recovery Broadens

The real estate investment trust said active tenant demand in San Francisco has topped 10 million square feet for the first time since...

Kilroy Realty Corporation, San Francisco, Wholesale Flower Market, San Francisco Flower Mart Tenants Association, SOMA,
AECCommercialFinanceINDUSTRY newsResidential

Kilroy Weighs Sale or Joint Venture of 7-Acre San Francisco Flower Mart as Development Economics Stall

Kilroy Realty told analysts on its second-quarter earnings call that continued ownership of all or part of its long-stalled Flower Mart megaproject in...

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FinanceHospitalityINDUSTRY news

Blackstone Mortgage Trust Lists 686-Key Hyatt Regency SoMa in San Francisco as Part of Portfolio Overhaul

Blackstone Mortgage Trust launches sale of San Francisco's 686-key Hyatt Regency SoMa as part of a broader portfolio overhaul.

view of San Francisco from air with Bay Bridge
CommercialINDUSTRY newsLeasing

Brex Leases Entire 200,000 SQFT Building at 270 Brannan St in San Francisco

Brex takes all 200,000 SQFT at 270 Brannan St in a nearly 10-year San Francisco lease, reversing its earlier remote-first retreat.

Facade of an apartment building
FeaturedFinanceINDUSTRY newsResidential

San Francisco Leads Nation in Rent Growth as Institutional Capital Floods Multifamily, Colliers’ Dolby Says

San Francisco’s apartment market has moved from bottom to boom in two years, with citywide rents rising 15 percent and institutional buyers now...

San Francisco skyline
CommercialFinanceIndustrialINDUSTRY newsLife Science

38,000 SQFT 1301 Folsom in SoMa Hits the Market in San Francisco After Full-Building Lease to Medra

An entity tied to Group i President and Chief Executive Officer Joy Ou has hired Newmark to sell 1301 Folsom Street, a three-story...

San Francisco city hall dome
AECCommercialFeaturedINDUSTRY news

San Francisco Warns Developers: Build Stalled Office Projects or Forfeit Prop M Allocations

San Francisco’s planning chief has moved to reclaim dormant office development rights from developers sitting on long-stalled downtown projects, threatening to strip their...

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...

Bay Area, BART, SFMTA, Muni, MTC, Golden Gate Transit, AC Transit, Caltrain
CommercialFeaturedINDUSTRY newsLeasing

Muni’s Weekend Ridership Tops Pre-Pandemic Levels, Signaling Downtown San Francisco’s Turn

San Francisco’s transit numbers just cleared a psychological threshold that landlords and civic boosters have been chasing for five years, with weekend Muni...

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