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The pandemic has made an already difficult real estate situation for many Bay Area nonprofits even more trying.
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The discount accompanies the $700M-plus deal advancing after a delay in proceedings.
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Construction pipeline in S.F. much more robust than last year, picking up some work that was delayed due to coronavirus pandemic. Office market still struggles.
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The Whittier Trust Co. of Nevada sold a Union Square retail property in downtown San Francisco for $30M.
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Navigating the market has grown more difficult, and even "toxic," one source said.
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Under the Family Zoning Plan, buildings of six to eight stories are allowed on most transportation corridors and on corner lots larger than 8K SF.
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Litwin Management snapped up a strong retail center in Laveen.
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The Bellevue-based buyer, Park Row LLC, recently sold Park Row shopping center to Bosa Development.
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A rapidly growing hardware manufacturer decided on the middle of S.F. for its 42K SF hub.
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