Union Square
First-Citizens Bank Moves to Foreclose on 1 Grant Avenue and 156 Geary Retail Backed by $40MM Loan in San Francisco’s Union Square
First-Citizens Bank has started foreclosure proceedings against two prime Union Square retail buildings after their owner failed to repay a matured $40 million...
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,...
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...
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...
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...
Midjourney Leases 23,000 SQFT at 300 Grant Ave., Filling San Francisco Building to 100 Percent Occupancy
AI firm Midjourney has signed a long-term lease for three floors at 300 Grant Ave. to build a full-body-scanning wellness spa, a deal...
AI Wealth and Suburban Spillover Redraw the Northern California Retail Map in 2026
Northern California’s retail recovery is being driven from two directions at once: a Bay Area flush with AI-fueled wealth that is pulling tenants...
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...
Downtown Development Corporation Lands $14.5MM Powell Street Stake as First-Year Haul Tops $60MM
One year after launch, SF’s Downtown Development Corporation closes the funding gap on the $40.2MM Powell Street remake, capping a $60MM-plus push to...
Epic Church Enters Agreement to Acquire 40,000 SQFT Historic Union Square Sanctuary in San Francisco for $15MM
The nondenominational congregation is betting on a spiritual revival to match San Francisco’s economic comeback, targeting a 1913 Reid Brothers landmark that has...
Rebuilt 130-Car Golden Gate Garage Lists for Sale or Lease in San Francisco Theater District
A historic Tenderloin parking structure, gutted by fire in 2020 and reopened this January, returns to the market with development upside under C-3-G...
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...
