Category: san francisco commercial real estate for lease (4)

Calco represented Gander & White in the leasing of 480 Valley Drive in Brisbane. Located within the Crocker Industrial Park, 380 Valley Drive consists of 22,160+/- square feet of warehouse and improved office space, and a 11,800+/- square foot fenced and paved yard. The property also includes two (2) dock-high doors, two (2) drive-in loading doors, sprinklers, clear height of 22′-24′, heavy power and a front parking lot for 20 vehicles.

480 Valley

Calco Commercial, Inc. is a solution based San Francisco and Peninsula area commercial real estate brokerage firm. Specializing in Landlord and Tenant representation, plus the sales and leasing of industrial, office and flex use properties, Calco Commercial offers definitive results with personalized service. Steeped in knowledge about the Bay Area marketplace, Calco brings its clients over two decades of real estate experience coupled with unmatched customer service and prevailing technology. Calco has access to all of the major sources of market information, and the most current and high resolution property aerials and maps available. Utilizing these resources, Calco provides the tools to help their clients make the right decisions in the ever-changing real estate marketplace.

If you have any questions about our available listings or market conditions, please call 415.970.0000.

Two developers think big in SoMa: Plans to add 1 million square feet of office space

Blanca Torres
San Francisco Business Times

CIM Group and SKS Partners are each looking to build SoMa highrise office towers that could add 1 million square feet in total to San Francisco’s hot office development pipeline.
Both projects fall under the Western SoMa Plan, a set of development guidelines adopted in late 2012 that allow for taller buildings in the neighborhood.

These are the proposals:

San Francisco-based SKS Partners submitted an early plan to the city’s planning department for a 160-foot tall, 688,000-square-foot office building at 610 and 620 Brannan St. The site was previously controlled by Zappettini Properties, a firm that wanted to build a 567,000-square-foot office building on the southeastern corner of the San Francisco Flower Mart. The property partially contains a surface parking lot and smaller buildings occupied by flower market tenants. The parcels together represent less than 10 percent of the Flower Mart facilities.
Los Angeles-based CIM Group plans to demolish an existing, 60,000-square-foot building at 330 Townsend St. and replace it with a 21-story tower that would consist of 383,000 square feet of retail and office with a two-story galleria. The developer bought the brick Townsend building in April of 2013 for an estimated $30 million. At the time, the property was 98 percent leased, but CIM was already looking at its redevelopment potential, stating that the property was zoned for much more space and sits across the street from the Caltrain Station and one block from the Central Subway transit line that is under construction.

The proposals come at a time when San Francisco already has a pipeline of 5.5 million square feet under construction and more than 14 million square feet of office at different phases of the approval pipeline, according to CBRE.
Of the current pipeline, not all of that will get built any time soon as development is subject to Prop. M, a city law that caps the amount of office that can be approved for construction each year. Currently, there is a little more than 2 million square feet available.
Developers are motivated by ballooning office rents in San Francisco, which have doubled in some buildings in the last few years, and the phenomenon of tenants leasing up huge blocks of space in new buildings years before they are completed. The biggest example is leasing 714,000 square or about half of the 1.4 million-square-foot Transbay office tower. Other early tenants who recently took big leases include Trulia,, DropBox, Twitter, Eventbrite and Neustar.

7,500+/- of totally clear span warehouse with 28′-30′ ceilings is for lease at 2070 Newcomb Avenue. This property boasts substantial power, is fully sprinklered and includes a side yard with private parking.

Available August 1, 2014 at $1.25 psf., IG.

If you have any questions about this listing, other available properties or the San Francisco commercial real estate market, call Calco Commercial at 415.970.0000.

2070 Newcomb_for web

3175 17th Street is available for lease. The space includes 6,800+/- square feet of ground floor space, full HVAC, heavy power & electrical distribution, exposed wood ceiling, with close proximity to public transportation and BART. Located directly across from Mission Bowling Club and ODC Theatre. $2.75 psf./$33.00 annual, gross. Available May 1, 2014

San Francisco Commercial Real Estate