My commercial real estate practice concentrates 100% on tenant representation, which usually means I do not have listings other than subleases available to other parties, even though I have had years and years of experience representing landlords, or doing what we call “agency” work. Why am I mentioning this? Because I represent a client putting its SOMA office building on the market, a gem not only architecturally but also one with parking. Nothing like it in San Francisco, the details of which you can view here. (Big file, by the way, due to lots of photos.) It just went on the market last week.
It’s on Howard, between 5th and 6th, 1/2 block from the Intercontinental Hotel and across from TechShop, a building owned by the Hearst Corporation. I knew about Forest City and the SF Chronicle’s future plans to develop several acres near the building, but there were no concrete details until now. It’s very exciting, even if planning will take 3 years. For a description from a San Francisco Business Times article today, go here. Imagine 1.3 million square feet of commercial space, 700 housing units, arts and community space, and a building for “collaborative” workspace. The Chronicle building at 901 Mission stays but everything else goes. That will be a game changer. Kudos.
