TikTok Talks to Meta About Office Sublease in San Francisco – The Real Deal
The politically embattled TikTok may take up new offices in San Francisco leased by its competitor, Meta. The social media firm owned by Beijing-based Bytedance is in talks to sublease three floors of offices at 181 Fremont Street, in SoMa’s Transbay District, the San Francisco Chronicle reported, citing unidentified real estate sources. The deal isn’t inked, but talks continue. The…
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Ritchie: A word on women in commercial real estate – San José Spotlight – San José Spotlight
The commercial real estate brokerage industry on the whole has been an inclusionary catastrophe, and is still vastly dominated by a basic white male upper-middle-class demographic across the U.S. The one saving grace on this score is held almost entirely by women, as the count on people of color of any shade including pink is embarrassingly low. Bear in mind…
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Will San Francisco’s Conversion Incentive Work? – Globe St.
It took nearly a week to certify the results, but San Francisco voters have narrowly approved a ballot measure creating a new incentive aiming to spur conversions of empty office buildings to housing. The measure, known as Proposition C, exempts property from real estate transfer taxes, ranging from 0.5% to 6%, the first time a commercial property is sold for…
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Former S.F. Giants Star Buster Posey Buys Beautiful Bay Area Abode for $8.3M – Realtor.com News
Buster Posey, the three-time World Series-winning catcher for the San Francisco Giants, quietly scooped up a sweet Lafayette, CA, property in 2023 for $8.3 million. The former All-Star has spent the years following his abrupt MLB retirement making a cross-country U-turn. After departing the Giants after the 2021 season and heading home to Georgia, he sold a different home in…
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SF Office-Home Conversion in Peril With Group I Loan Default – The Real Deal
Group I, the developer behind San Francisco’s first office-to-home conversion, has defaulted on a $26 million loan tied to the historic building. The locally based developer was served a notice of default from its lender for the mortgage for 988 Market Street, in Mid-Market, the San Francisco Chronicle reported. After restoring the 40,000-square-foot Warfield Building nearly a decade ago, the…
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