Westfield San Francisco Centre
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...
Union Square Retail Vacancy Slides to 15% as San Francisco’s Downtown Comeback Gathers Momentum
Luxury tenants expand footprints and lease deals proliferate, but a 28 percent office vacancy and Grosvenor’s Bay Area retreat underscore the fragility of...
Westfield Lists 101,700 SQFT Office Portfolio at 814-818 Mission Street in San Francisco
The vacant twin-building offering arrives with housing conversion on the table as the French conglomerate continues its retreat from the beleaguered downtown corridor....
Loan Connected to Taubman Realty Group’s 1.3MM SQFT Sunvalley Shopping Center in Concord Faces Potential Default
By The Registry Staff Concord’s Sunvalley Shopping Center, one of the East Bay’s largest retail destinations, is facing significant financial challenges as its...
Trident Pacific Announces Plans to Revive Former Westfield San Francisco Centre, Now Named Emporium Centre San Francisco
New Name Celebrates Site’s Storied History of Commerce, Couture, and Community Trident Pacific and JLL to build on the foundation of existing retailers...
A Billion-Dollar Blow: San Francisco Mall’s Steep Fall in Value
The largest shopping mall in San Francisco, a once-thriving retail hub, has experienced a dramatic decline in value, reflecting broader economic challenges in...
Retailers Lucky Brand, J. Crew Plan to Exit Westfield San Francisco Centre
By Kate Snyder More retailers are leaving the Westfield San Francisco Centre in a continuation of a trend that has seen multiple national...
Adidas Closure Marks Latest Blow to Struggling Westfield San Francisco Mall
San Francisco’s largest shopping destination, the Westfield San Francisco Centre, is facing a critical period of decline. The latest in a series of...
Lenders on $725MM Loan File Lawsuit Against Park Hotels & Resorts to Put San Francisco Hotels into Receivership
By Kate Snyder More San Francisco properties are the subject of legal proceedings. The lenders for a $725 million mortgage on two of...
Brookfield Properties’ $180MM Loans for Stonestown Galleria in San Francisco Land on CMBS Watchlist
By Kate Snyder Two loans for Stonestown Galleria, a shopping mall on the southwest end of San Francisco, have been added to CMBS...
San Francisco’s Retail Resilience: Challenges and Opportunities Amid Transformation
By The Registry Staff The Bay Area’s retail market is currently undergoing a period of significant transformation. As the economic repercussions of the...
BUILD Pays $20.5MM for Redevelopment Site Planned for 495-Unit Mixed-Use Complex in San Francisco
By Kate Snyder The developer for a proposed 495-unit development in San Francisco’s SoMa neighborhood purchased the project site, according to public property...
