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Retailers love the San Francisco Bay Area. It has one of the most famous shopping districts in the world, Union Square, and San Francisco has one of the lowest retail vacancy rates in the country at about 2.4%. Even with many stores closing nationally, major retailers — from grocery to discount — are opening stores throughout the region. 
“The Bay Area is attractive since there is lots of wealth, lots of jobs, lots of density, lots of bodies and lots of consumer dollars,” Cushman & Wakefield Managing Director Rhonda Diaz Caldewey said. The Bay Area is not unique…
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San Francisco's Sinking Millennium Tower Can Survive Major Earthquake: City Report
The Millennium Tower in San Francisco is earthquake-safe according to the latest report from the city. Despite the tower continuing to sink and tilt, a report commissioned by City Administrator Naomi Kelly found the tower can endure a magnitude 8.0…
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Bay Area Office Markets Quiet During Second Quarter
San Francisco Bay Area's office market rents cooled during the second quarter, while the region's submarkets posted relatively flat lease rates during the quarter with the Peninsula posting the only slight increase, according to recent market reports from CBRE. For…
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Ending Skyscraper Stagnation: Density Woes, Lack Of Space Force U.S. Cities To Look UpA lack of space and need for housing has height-challenged American cities looking skyward to solve density problems. Be it due to commercial or residential necessity, the country's maturing technology sector or even economic chest beating, skyscraper-averse cities across the United States are overcoming their fear of heights. “At some point, the only place you can go is up,” said Iram Farooq, assistant city manager of the Cambridge, Massachusetts Community Development Department. The city, known for its 250-foot height restrictions, is experiencing a high-rise renaissance. |
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Hard Hats: The Only Superhero Action Real Estate Comic Book You're Likely To SeeIt was just another day for Del O'Malley, owner of Bolt Construction Co., who was overseeing the construction of a major Downtown Chicago building. That is, until a wrecking ball crane runs amok, threatens a school full of children next door, and inspires Del to spiral down 15 floors, swinging around steel girders — with super strength and agility he did not know he had — to stop the rogue machine and save the kids just in time. |
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