631 Howard St. & Real Estate Insights: Latest News & Deals!
Is San Francisco's commercial real estate market poised for a significant shift, or is it merely weathering a storm? The activity surrounding 631 Howard Street, a prominent address in the city, provides compelling clues to the answer, hinting at a market undergoing both challenges and strategic realignments.
The commercial real estate landscape in San Francisco is a complex web of transactions, investments, and market forces. At the heart of this dynamic environment is 631 Howard Street, a location that has recently become a focal point for various deals and developments. Sources suggest core funds are looking to sell down their office portfolios, a trend that has implications for properties like those at 631 Howard Street and the broader 989 market. While the specifics of these deals are still unfolding, the expectations are that they will close, solidifying the shifts in ownership and potentially influencing future valuations.
The address, 631 Howard Street, features prominently, showcasing different facets of the commercial real estate landscape. The building at this address in San Francisco, a five-story structure constructed in 1929, offers 100,315 square feet. The price per square foot stands at $379, making it a valuable property. It is situated in the heart of San Francisco's dynamic Yerba Buena district, offering views of the city and the Bay Bridge. Its prime location is enhanced by being only one block from the Moscone Center and two blocks from BART/Muni Metro, making it highly accessible. Method Products has an office here, specifically on the 5th floor. Another entity making a move in the area is Optimizely HQ, which is also at 631 Howard Street, but at suite #100.
- Ada Lapiedras Bbc Action More Hot Scenes Updates
- Anna Young House Of Prayer Unveiling The Cults Dark Secrets
The building underwent rehabilitation aimed at refreshing the structure. 631 Howard Street's fifth floor provides office views, including spaces for small and large groups. It is also worth noting that on August 13, an LLC investment by Paul Pelosi, the spouse of former House Speaker Nancy Pelosi, invested $500k in REOF XXVI LLC, which is actively managing the commercial office property at 631 Howard Street.
Further, the building's competitive edge is enhanced by its size and strategic location within the market. Recent lease comps between 2021 and 2022 provide the data needed to evaluate the building's market position.
The activity around 631 Howard Street is not limited to commercial properties. Records show a house at 631 Howard Avenue in Des Plaines, IL 60018, sold for $620,000 on November 16, 2007, with sales and tax history available. Additional properties are listed at 631 Howard Street, Rockdale, IL 60436, further diversifying the range of real estate represented. Beyond residential properties, another example is located at 631 Hoefner Ave, Los Angeles, CA 90022, which is currently unavailable for sale, but is a multi-family home with 4 beds and 2 baths.
- Best Iphone 13 Mini Cases Stylish Protective Options
- Carlos Alazraquis Net Worth In 2024 How He Makes His Millions
The case of 631 Howard Street and the surrounding developments encapsulates the broader trends in the San Francisco commercial real estate market. The involvement of major players, such as Invesco Real Estate, who are exploring the sale of the building, and potential buyers like Ellis Partners and Flynn Properties, indicates the level of interest and investment in the area. Real estate veteran Greg Flynn, CEO of Flynn Holdings, has made a considerable investment in the San Francisco office market. The acquisition of 631 Howard Street by Flynn, in partnership with Ellis Partners, a fully leased, 108.75 ksf office building in downtown San Francisco, is a significant move.
Key Players and Developments at 631 Howard Street, San Francisco
The commercial real estate scene at 631 Howard Street has various players. Invesco Real Estate is looking to sell the office building at 631 Howard Street. Potential buyers include Ellis Partners and Flynn Properties. Real estate veteran Greg Flynn, CEO of Flynn Holdings, in partnership with Ellis Partners, acquired 631 Howard Street, a fully leased office building.
Analysis of the Market Dynamics
The sales history of the building reveals a range of transactions and investments, providing data for analysis. The interest from potential buyers like Ellis Partners and Flynn Properties suggests that the property at 631 Howard Street is a strategic asset. The fact that core funds are looking to sell down their office portfolios suggests shifts in the market.
The Bond Latin Gallery, a business that has specialized in Latin American fine art since 1988, adds a cultural element to the vicinity. The gallery's presence, located in the heart of the Yerba Buena district, highlights the area's diverse character. The gallery's history is rooted in Robert McDonald and Vivien Bertozi's experience when they were honeymooning in Oaxaca, Mexico.
In a separate context, Wagner College, with its physical address at 631 Howard Avenue, Staten Island, NY 10301, offers educational opportunities. Those interested can visit the location in person between 9:30 am and 4:30 pm.
- Audra Lynn Nude Photos Videos See Them Now
- Dafne Keens Birth Chart Zodiac Astrology Natal Chart Insights
631 Howard St, San Francisco, CA 94105 Office for Lease LoopNet
631 Howard St, San Francisco, CA 94105 LoopNet
San Francisco's Flynn Properties, Ellis Partners snap up 631 Howard St
