Monthly Archives: May 2022

Office vacancies hit new high in San Francisco Bay Area

San Francisco’s commercial real estate vacancy hits 24% as companies such as Splunk downsize Data analytics company Splunk is not moving its headquarters, but it is downsizing its office space in downtown San Francisco. The move is part of a … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

S.F.-based Prologis’s $23.7 billion buyout of Duke Realty rejected

Duke said Wednesday that Prologis’s offer is “insufficient” and “virtually unchanged from its prior proposals.” Prologis owns 1 billion square feet of industrial real estate, leased to tenants including Amazon and FedEx. Duke owns around 160 million square feet, including … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

She sold her home for nearly half its $1 million value. The ‘pay it forward’ deal is a new tactic in the Bay Area’s housing crisis

So in January, the 81-year-old finalized a deal to sell her Point Reyes Station home at a steep discount to the Community Land Trust of West Marin, better known as CLAM, which buys property off the high-priced private market and … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Here’s how much homes cost per square foot in the Bay Area’s 10 biggest cities

But the differences from the Bay Area compared with the state and U.S. averages are even more stark. As of February 2022, the median sale price per square foot for the U.S. was $218, compared with $501 for California. The … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment

Bay Briefing: How many people are homeless in SF?

It’s difficult to answer how many people are experiencing homelessness in San Francisco on any given day. Though volunteers fan out across the city annually to try and count, the range varies wildly. The latest best estimates oscillate between 8,000 … Continue reading

Posted in SF Bay Area News | Tagged | Leave a comment