Lauren Herstik

1 week ago | bisnow.com | Lauren Herstik

The Ross Dress for Less building became the fourth San Francisco property that ASB Real Estate Investments has sold at a loss in less than a year. The Ross headquarters and flagship store in downtown San FranciscoThe 145K SF building sold to San Francisco-based Sansome Street Advisors for $44M, about $300 per SF, according to the San Francisco Business Times. The tower at 799 Market St. sold for just a third of its 2016 purchase price.

1 week ago | bisnow.com | Lauren Herstik

The grocer Smart & Final has stepped in to fill the gap left behind after Safeway’s exit from the Fillmore District, according to the San Francisco Chronicle. Smart & Final is set to take over a former Safeway location in San Francisco's Fillmore area. Safeway has owned the 40K SF building at 1335 Webster St. for 40 years.

1 week ago | bisnow.com | Lauren Herstik

A long-sought public-private partnership between the city of San Francisco and Related California is moving forward and signals a big bet on the Financial District. San Francisco's Transamerica Pyramid and Financial District from a residential neighborhood. The proposed 41-story, 574-foot skyscraper would occupy a prime location, at 447 Battery St. and 530 Sansome St., spanning an entire city block right across from the Transamerica Pyramid.

2 weeks ago | bisnow.com | Lauren Herstik

A long-sought public-private partnership between the city of San Francisco and Related California is moving forward and signals a big bet on the Financial District. San Francisco's Transamerica Pyramid and Financial District from a residential neighborhood. The proposed 41-story, 574-foot skyscraper would occupy a prime location, at 447 Battery St. and 530 Sansome St., spanning an entire city block right across from the Transamerica Pyramid.

2 weeks ago | bisnow.com | Lauren Herstik

Saks Fifth Avenue’s impending departure from its Union Square storefront on May 10 signals the end of an era. But a slew of new retail openings in the neighborhood indicates a new one is beginning. In the first quarter, overall vacancy in Union Square was up to 22.8%, compared to 7.6% citywide. Despite the higher rate, an uptick in tenant touring indicates national and international retailers see potential in the market, according to Cushman & Wakefield. An 11K SF Nintendo store opens May 15.