San Francisco

7EMPIRE is a sustainable development which integrates local community spirit into a boutique-sized design-forward offering, says developer TriForge Capital Partners.

In this EXCLUSIVE, Roy Anderson of AEI Consultants discusses the requirements for seismic upgrades in California, and how building owners and managers can ensure properties are in compliance.

Paramount Group Inc. has completed the acquisition of a 44% joint venture interest in 55 Second St., which was valued at approximately $402 million or $1,039 per square foot.

The 360,000-square-foot headquarters campus, Santana West, is developer Federal Realty’s biggest expansion at the iconic Santana Row mixed-use live-work-play property since its opening in 2002.

"We are excited to announce our second QOZ fund, also specifically investing in MHCs located within Opportunity Zones. Our second QOF (Qualified Opportunity Fund) is a $15-million equity raise and is about 70% subscribed,” Hales says.

A plaintiff cannot go to federal court without first going to state court, but if the case is lost there, the claim will be barred in federal court; the court overruled the state-litigation requirement because “the court was simply confused” about how the takings clause works.

The 607,223-square-foot portfolio is 100% leased and includes three dock-high distribution buildings and two grade-level buildings.

Groundbreaking is imminent on a mixed-use project located at 477 S. Market St. in the SoFA District after $67 million in debt and equity were recently secured for its development by NorthMarq Capital.