8/1/2016

Summer is slow. Here’s what happened in the SF Residential and Commercial Real Esate Market since 6/22 :

Parcel F aka 546 Howard, San Francisco’s last public development site in the Transbay district and zoned for another tower sold for $160 million. It is zoned up to 750 feet. It could become a mixed use project i.e. hotel+condos+office space. Note that the tower must have 15% affordable units.

Chinese company Shanghai Lingang Economic Development was the buyer of of 755 Sansome, a 58,000 sq. ft. building for $42.6M or $734 per sq. ft.

Transbay so far costs over $2.3B and all parcels have brought in so for a little over $714 M.

Screen Shot 2016-08-01 at 8.03.22 PM

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