South of Market
San Francisco Delivers $62MM, 25,000 SQFT Gene Friend Recreation Center in SoMa
The city replaced a windowless 1990 concrete gym at Sixth and Folsom streets with a 25,000-square-foot, glass-walled recreation center, financing the roughly $62...
San Francisco Office Demand Hits Highest Level Since 2019 as AI Drives 42% of 2026 Leasing
San Francisco's office market logged its fourth straight quarter of positive absorption at midyear 2026, as a revival of large space requirements, an...
CIM Group Loses Control of Historic 165,000 SQFT Central Tower in San Francisco as Receiver Takes Over
A San Francisco Superior Court judge has placed the historic Central Tower into receivership after owner CIM Group defaulted on a $98 million...
San Francisco Ordinance Would Scrap Prop M Office Cap Review, Housing Balance Reports in 362 Pages of Code Cleanup
A sweeping code-cleanup ordinance now before the San Francisco Board of Supervisors would delete ten sections of the Planning Code outright, repeal the...
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...
CBRE Wins Exclusive Leasing Assignment for 650,000 SQFT 415 Natoma Tower in San Francisco’s SoMa
New owners The Meridian Group and Fenway Capital Advisors have tapped CBRE to lease San Francisco’s newest high-rise office tower, betting that a...
Hudson Pacific Lists 282,828 SQFT 875-899 Howard Complex for Sale in San Francisco
Hudson Pacific lists its emptiest San Francisco office complex as the city’s leasing market rebounds. Hudson Pacific Properties has put its most vacant...
Related California, SFHDC Top Out $72MM, 85-Unit 160 Freelon Affordable Project in San Francisco’s SoMa
Nine-story development on city-owned parcel will deliver family housing, permanent supportive units and HIV-priority apartments when it opens in early 2027 Construction has...
San Francisco Tenant Office Demand Holds Above 2019 Peak at 7.5MM SQFT as AI Expansion Reshapes the Market
Active requirements remain elevated even after a record quarter of deal-making that saw nine leases exceed 100,000 square feet, with artificial intelligence companies...
Meridian Group & Fenway Capital Close $200MM Acquisition of 667,000 SQFT Office Tower at 415 Natoma in San Francisco’s SoMa
The deal, priced at roughly $300 per square foot, caps a debt-to-deed transfer for one of the city’s newest and most vacant office...
Raintree Partners Lists Historic 69-Unit Wilson Building in San Francisco’s SoMa for $20MM
The mixed-use property at 973 Market Street blends a century-old terra cotta façade with modern residential finishes in one of the city’s most...
Housing Handcuffs
As AI startups lease luxury apartments and offer proximity bonuses to keep workers steps from their desks, San Francisco’s hottest perk is starting...
