SAN FRANCISCO-A Southern California development firm has applied to build a $150-million hotel and condo tower in SoMa. The project, which would take 25 months to complete, will total 600,000 sf of space and be located at Fifth and Howard streets.
BRISBANE, CA-The locally based publisher of Business 2.0 magazine says it will remain here, on North Hill Drive, and is no longer negotiating an anchor tenancy in FuturePlex LLC's $200 million San Francisco office development that is under construction.
WALNUT CREEK, CA-The Design Review Commission is approving of Olympic Place, a 117,000 sf commercial project by locally based Blake Hunt Ventures that will include the theater, retail, restaurants and a 600-slip parking garage.
BERKELEY, CA-Rosen Consulting Group examines more than 850 leases and surveys companies representing 45,000 employees and 16 million sf of space to come up with a couple of different possibilities for vacancies and rates through 2005.
SAN FRANCISCO-Dot-com layoffs will raise vacancy rates and push down rents, but that a soft landing is likely, says a study by the Rosen Consulting Group that examines more than 800 leases representing 45,000 workers and 16 million sf of space.
SOUTH SAN FRANCISCO-Genentech will build an additional 288,000 sf of research and development buildings at its current site here on DNA Way thanks to a just signed deal with a New York-based pharmaceutical company.
SAN FRANCISCO-Cost-cutting measures implemented this week by Chicago-based marchFIRST Inc. call for reducing corporate expenses to roughly 10% of sales, reducing its workforce, and consolidating office locations.
SOUTH SAN FRANCISCO-For a monthly subscription fee, contractors and building professionals can complete and submit all their building permit applications in 1,400 cities nationwide, theplanning staff for which can process the applications at no charge.
WALNUT CREEK, CA-BOMA will act as a portal, directing its 17,000 members to the services of manageStar, which connects commercial property owners and managers with vendors in a web-based marketplace.
OAKLAND, CA-The locally based mortgage company will go live with its commercial mortgage origination system Feb. 4. The web-based platform will act as an exchange between brokers, mortgage lenders and borrowers.