San Francisco Mayor London Breed has a solution for the glut of empty offices in her city: turn them into classrooms. The San Francisco Business Times reported the mayor has called on the University of California, the San Francisco Unified School District and City...
The owner of one of the most iconic commercial properties in the history of popular music has returned the property to a lender. According to a GlobeSt.com report, Brookfield Asset Management (NYSE:BN) has returned the deed for New York City’s Brill Building to Mack...
The tumult facing the office property sector is impacting the U.S. government, as a new report from the U.S. Government Accountability Office (GAO) has identified widespread vacancies across federal properties. During the first quarter of this year, the GAO surveyed...
If you’re looking to lease office space in San Francisco, you have an excessive quantity of choices at your disposal. New data from the commercial real estate brokerage CBRE (NYSE:CBRE) determined 31.8% of San Francisco’s office properties were vacant during the...
Another prominent San Francisco property has become the subject of property owner defaulting on its mortgage. The San Francisco Business Times reported Swift Real Estate Partners defaulted on a $62.3 million loan for 55 New Montgomery St., a 111-year-old office...