Fund IV, in partnership with Prado Group, acquired a 7,400-square foot street-retail property, located in San Francisco’s affluent Pacific Heights neighborhood, for $8.6 million. The property is situated within the Upper Fillmore shopping corridor, home to stylish boutiques and restaurants, including Alice and Olivia, Rag & Bone, Aēsop, Ralph Lauren and Rebecca Minkoff.
Many people will look at 1266 Ninth Ave. in San Francisco’s Inner Sunset and hate what they see — a stark concrete form 100 feet wide and 23 feet tall, cut by four deep and resolutely right-angled bays.
Here’s another way to view it: as an engaging newcomer with tactile warmth. And in an age where buildings are judged on the basis of whether or not they’re “contextual,” this one shows how subjective that word can be.
The broad concrete cube holds a cafe. It extends out to the sidewalk from the four-story apartment building behind it, and neither the base nor the wood-clad upper floors look like anything else on this commercial block that doubles as an entrance to Golden Gate Park. But in terms of what matters most about context to the ongoing life of a city — neighborhood scale and the social fabric — 1266 Ninth Avenue is an ideal fit.
Oh, San Francisco. You've really outdone yourself this time.
While the green-loving city’s notorious rental market has garnered national attention for pricing out many residents, butterflies can rest assured that they have a protected space in one of the most desirable neighborhoods.
We can't say if Market Street will ever become "San Francisco's Champs-Élysées," as former Mayor Gavin Newsomonce envisioned, but there are major changes afoot. And we're not just talking about Mid-Market, which has garnered much of the attention lately.
J.K. DineenReporter - San Francisco Business TimesEmail | Twitter
San Francisco has plenty of developers who build housing and no shortage of investors who acquire and operate large apartment portfolios. Prado Group is shaping up to be a rare hybrid of both.
The University of the Pacific ’s Arthur A. Dugoni School of Dentistry has shed the first of its Pacific Heights properties, part of its gradual migration to downtown San Francisco.
Cala’s final days: Cala Foods at California and Hyde streets will close in January, and Trader Joe’s will immediately begin renovations to the store to prepare for its opening.
A new housing construction boom is shaping up in San Francisco, but this time, it’s all about renters.
SAN FRANCISCO-San Francisco-based private equity real estate investment firm, Tribeca Cos., has sold nine properties comprising 155 apartment units and one retail space in San Francisco and Burlingame.
Tribeca Cos. has sold an apartment portfolio acquired during the worst days of the recession, a series of transactions that suggest the value of multi-family buildings has jumped 35 percent in 18 months.