San Francisco

Shared: Credit Karma leases new San Francisco headquarters in 760 Market St. (SF Business Times)

By Blanca Torres

Thor Equities owns the Phelan Building at 760 Market St. in San Francisco.

Thor Equities owns the Phelan Building at 760 Market St. in San Francisco.

Another tech company is expanding in San Francisco. Credit Karma, an online credit score provider, took the last remaining space — 46,000 square feet on two floors ­— in the Phelan Building at 760 Market St.

Credit Karma, which recently raised $85 million in a round of financing led by Google Capital, joins other tech tenants that have moved into the historic Phelan such as Medium, a new venture from Twitter co-founder Evan Williams; Voxer, a maker of a ‘walkie talkie’ app; and Appirio, a global cloud consulting group. On the non-tech side, Sears, the department store chain, leases space for its West Coast apparel office.

Please click here to read the rest of the article from San Francisco Business Times.

---------------------------------------------------------------------

For more news on San Francisco happenings, including news on real estate, global investments, local Bay Area news, please follow my Facebook page here.

Shared: S.F. building aims to produce as much energy as it consumes (SFGate)

By David R. Baker

The skylights' "dynamic glass" tints in the sun, letting in light while minimizing heat. Photo: Brant Ward, The Chronicle

The skylights' "dynamic glass" tints in the sun, letting in light while minimizing heat. Photo: Brant Ward, The Chronicle

On a rare sweltering day in San Francisco, the new office of DPR Construction stays cool and pleasant.

But don't credit the air conditioning. It isn't on.

Large fans circulate air. Skylights turn dark when the sun beats down, letting in light while minimizing heat. Tilted rows of solar panels shield the roof while producing a steady stream of electricity.

Recently renovated by DPR, the North Beach building should generate as much energy as it uses in any given year. If all its systems work as planned, it will be San Francisco's first "zero net energy" office, and possibly a glimpse into California's future.

"It's a little jewel box that we're turning into something pretty special," said Ted van der Linden, DPR's director of sustainability.

 

Please click here to read the rest of the article from SFGate.

---------------------------------------------------------------------

For more news on San Francisco happenings, including news on real estate, global investments, local Bay Area news, please follow my Facebook page here.

Shared: Warriors ditch Piers 30-32 for Mission Bay arena site (SFGate)

By John Cote

This empty lot in Mission Bay off Third Street was purchased by the Golden State Warriors for their new arena. Photo: Carlos Avila Gonzalez, The Chronicle

This empty lot in Mission Bay off Third Street was purchased by the Golden State Warriors for their new arena. Photo: Carlos Avila Gonzalez, The Chronicle

(04-21) 12:54 PDT SAN FRANCISCO -- The Golden State Warriors have abandoned their plan to build an arena on Piers 30-32 just south of the Bay Bridge and instead have purchased a site in Mission Bay to hold their new 18,000-seat venue, sources close to the deal have confirmed to The Chronicle.

The Warriors bought the 12-acre site from Salesforce.com for an undisclosed amount in a deal that was inked Saturday night. The team plans to have the arena ready for the 2018-19 NBA season

Please click here to read the rest of the article from SFGate.

---------------------------------------------------

For more news on San Francisco happenings, including news on real estate, global investments, local Bay Area news, please follow my Facebook page here.

Shared: S.F. in-law units may emerge from shadows via proposed law (SFGate)

By John Wildermuth

Marie Morales will be evicted from her Parkside district in-law rental now that the home has been sold. She's having trouble finding an affordable place. Photo: Leah Millis, The Chronicle 

Marie Morales will be evicted from her Parkside district in-law rental now that the home has been sold. She's having trouble finding an affordable place. Photo: Leah Millis, The Chronicle 

Tens of thousands of illegal in-law apartments now tucked into basements and garages throughout San Francisco could officially become part of the city's housing market under a plan to legalize those underground rental units.

But similar attempts to bring the so-called "granny flats" out of the shadows and into the legal light have failed over the past 20 years, victims of a variety of worries and concerns. Those concerns are expected to be raised Thursday when the City Planning Commissiontakes up Supervisor David Chiu's proposed legislation.

For Chiu, the timing is right for a change in the way the city handles the now-illegal units.

 

Please click here to read the rest of the article from SFGate.

---------------------------------------------------

For more news on San Francisco happenings, including news on real estate, global investments, local Bay Area news, please follow my Facebook page here.

Please contact brian.leung@colliers.com
for business inquiries, listing information, and comments.

Copyright © Brian Leung | Colliers International. All rights reserved.