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Historic San Francisco Theater to be Renovated and Reopened

Historic San Francisco Theater to be Renovated and Reopened

by Phil Hall | Jun 16, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

San Francisco’s 112-year-old Clay Theater, which has been closed since early 2020, is in the process of being restored. The San Francisco Standard reports the movie theater’s owner, venture capitalist Neil Mehta, announced plans to begin extensive renovations on the...
San Francisco’s Market Center Complex Sold at a Steep Discount

San Francisco’s Market Center Complex Sold at a Steep Discount

by Phil Hall | Jun 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

San Francisco’s beleaguered office property market received a boost of activity – albeit of a discounted nature – with the acquisition of the Market Center complex by restaurant franchise magnate Greg Flynn and the investment firm DRA Advisors. The property, which...
Hits and Misses for the Real Estate Week of April 21-25

Hits and Misses for the Real Estate Week of April 21-25

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, U.S. Housing Market, WRE News Exclusive

Homebuyers who regret their purchase, a new approach to data center development, and another attempt to combat homelessness. From the wild and wooly world of real estate, here are our Hits and Misses for the week of April 21-25. Miss: Post-Purchase Depression. A...
Saks Fifth Avenue to Shut Down San Francisco Store

Saks Fifth Avenue to Shut Down San Francisco Store

by Phil Hall | Apr 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Saks Fifth Avenue has become the latest major retailer to announce its departure from San Francisco’s Union Square after nearly 45 years at the location. According to combined media reports, the retailer’s five-floor store will close on May 10, less than a year after...
LendingClub Pays $74.5 Million for New San Francisco HQ Building

LendingClub Pays $74.5 Million for New San Francisco HQ Building

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, is acquiring a 233,887-square-foot property in San Francisco for $74.5 million that will serve as the company’s headquarters beginning in Spring 2026. The bank plans to occupy 100,000...
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