An elegant white clock featuring 'DANIELLE LAZIER REAL ESTATE LOGO' on a sleek black background.Vivre Real Estate logo

Commercial Real Estate Buzz in San Francisco!

March 12, 2012

Converting St. Joseph's Church in San Francisco

"While our focus is residential real estate, we can learn quite a bit about the state of our real estate market and economy in general by watching the commercial real estate market.  Here are three big signs things are moving in the right direction:

• The plan to convert St. Joseph's Catholic Church at 10th and Howard into 18,260 square feet of office space, 1,300 square feet of retail space, and 2,500 square feet of assembly space cleared another hurdle as it was approved unanimously by the Planning Commission this week. The space will likely attract more tech industry to the already-buzzing SOMA district.

• Tishman Speyer is set to list and sell 555 Mission Street.  This is a 33-story, 550,000 square foot tower that is 90 percent leased.  The transaction could generate up to $450 million and could be the impetus for additional commercial sales.

• The PAC 12 Conference broke ground last week on their new headquarters in SOMA.  They are set to fill 70,000 square feet at 370 Third Street and will house all of their broadcast, digital media and licensing/sponsorship divisions from the new HQ.

Mayor Ed Lee summed it up, stating that "San Francisco is attracting an incredible mix of talent and industry from across the nation."

Great news for our market!"

...Read this article and more in the new issue of MarketTracker, courtesy of Zephyr Real Estate. Also in this issue:

Most Recent Sales
San Francisco Market Overview
$750,000 Shopping Spree
Take it to the Street on Sundays!

 

Want Zephyr Market Tracker in your inbox every 2 weeks? Sign up for local San Francisco real estate updates via RSS or email delivery for neighborhoods like Noe Valley, Bernal Heights, Hayes Valley, Mission Bay, Mission Dolores and all SF neighborhoods?

Yelp logo
286 reviews
View All
Zillow logo
204 reviews
View All
Danielle Elazier Realtor on Google My Business- image of Google my business logo
204 reviews
View All

Danielle lazier real estate team

We care deeply about our clients and our commitment to exemplary results. Working with us should be a good fit for you. If you feel our team is the right fit for you and you’d like to talk with Danielle to make sure, contact us today for your complimentary initial consultation.
Contact Me

Do You Need Another Real Estate Newsletter?

Probably not. Yet, in our biased opinion, you should definitely sign up for our twice-monthly email for market insights, webinar invites, local news, gorgeous homes, and more. We never share or sell your information. And, when you’re ready to work with us, please email or call to discuss your plans. We’d love to help!
Danielle Elazier botanical illustration - 3 different California poppy flower branches. Black and white with line art
Danielle Lazier REAL ESTATE
Privacy PolicyAccessibility StatementTermsCalifornia Privacy PolicyCCPAYour Personal Info
View Full Street Address SAN FRANCISCO, CA 94114 (415) 528-7355 ©2012 VIVRE REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY. ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED AND SHOULD BE INDEPENDENTLY REVIEWED AND VERIFIED.
enteruserclockcross