Category: San Francisco
Ikea San Francisco: Furniture company bets on return-to-office – The San Francisco Standard
It’s a counterintuitive bet by one of the few private entities investing heavily in a beleaguered downtown market. Ikea, which has largely bucked the broader decline in big-box retailers, is focused on diversifying past its core business of suburban furniture warehouses. Enter San Francisco: In 2020, a subsidiary of Ingka purchased the vacant 6×6 shopping center at 945 Market St., intending to transform each floor into its own unique destination. Hej!, on the fifth floor of the building, spans 46,000 square feet and can accommodate up to 500 people. During…
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How to Fix San Francisco’s Housing Market – Foundation for Economic Education
Want to live in San Francisco? No problem, that’ll be $3,000 (a month)–but only if you act fast. Over the course of 2013 and 2014, the cost of housing in San Francisco increased 47% and continues to increase. Longtime residents find themselves priced out of town, the most vulnerable of whom end up as far away as Stockton. Some blame techie transplants. After all, every new arrival drives up the rent that much more. And many tech workers command wages that are well above the non-tech average. But labeling the…
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Is San Francisco getting more conservative? Primary election results spark debate – NBC Bay Area
As the vote count continues in San Francisco, the results are sparking a new debate about the city’s identity. Some say the local propositions that appear poised to pass are a sign that the city is getting more conservative. Others say it’s just a sign voters want a city that’s safer and gets things done. Just after the polls closed Tuesday night, Mayor London Breed waded into a packed victory party put together by a coalition of groups that backed her ballot measures and a slate of candidates on the…
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San Francisco State of the Market in San Francisco – Bisnow
Why You Won’t Want To Miss This Commercial Real Estate Deal-Making Conference: What You’ll Learn From San Francisco CRE Leaders At This Event: Understand key trends and shifts shaping the transformative real estate cycle in San Francisco from 2024 to 2025. Gain insights into the innovative strategies employed by industry trailblazers to thrive in San Francisco’s dynamic real estate landscape. Examine the impact of recent shifts in interest rates and borrowing costs on the capital challenges confronted by investors in San Francisco’s real estate market. Understand the impact of market…
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AI Alone Can’t Save San Fran’s Office Market, Report Says – Law360
By Isaac Monterose · March 6, 2024, 6:27 PM EST San Francisco’s struggling office market likely won’t be turned around by the city’s booming artificial intelligence industry, according to a joint report from commercial real estate brokerage Savills and commercial real… To view the full article, register now.
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