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AM Linkage: Billboard Goof; Giants Parade; Mission Celebrates; More!

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Commercial Real Estate Agent with NNN Brokers USA Commercial Real Estate

AM Linkage: Billboard Goof; Giants Parade; Mission Celebrates; More!

November 4th, 2010

11-3-10amlinzk.jpg[Untitled via Curbed Flickr Pool/Justin Beck]

· Billboard shenanigans on Eighth Street [BuboBlog]
· Dia de los Muertos in the Mission [Mission Local]
· Giants parade will affect your late morning commute [Muni Diaries]
· Homeless pet shelter on road to recovery [The Daily Clog]
· First date disaster: furniture shopping [Curbed National]

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PM Linkage: How Elections Affect Housing; Patriotic Decor; Homeownership Down; More!

November 4th, 2010

11-2-10pmlinzk.jpg[Pier 70, San Francisco via Curbed Flickr Pool/David Bush]

· 2600 Great Highway explained [Ocean Beach Bulletin]
· How election results shape housing [WSJ]
· Decorating your home based on your political affiliations [Curbed National]
· I guess the mobs from last night were too much for Spidey [Mission Mission]
· Homeownership rate at lowest level in a decade [WSJ]

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Development : Cloud Computing Touches Down in Mission Bay

November 4th, 2010

2010_11_02_cloud2.jpg
Mission Bay empty lots from the above, via Google Maps

Hung-over from baseballs, burning mattresses and election stress? This should cheer you up: Salesforce.com has purchased a chunk of Mission Bay for their new global headquarters: fourteen acres of almost-waterfront vacant land for $278,000,000. The largest real estate transaction in San Francisco in a while and one very expensive empty lot. The seller is Alexandria Real Estate Equities, a developer/landlord with a specialty in pharmaceutical tenants, with much of the site their planned-but-unbuilt Mission Bay North campus.

Based in Pasadena, the publicly-traded REIT describes itself as "the landlord of choice to the Life Science industry." Salesforce.com is the huge customer-relationship and out-sourcing (hence "cloud computing") manager for online transactions; the planned building will consolidate employees now spread out over downtown, mostly in One Market Street. Co-founder and CEO Mark Benioff's roots in town are deep- he and his wife are well-known philanthropists and his grandfather was on the Board of Supervisors.

Initial plans call for a "campus" roughly from Mariposa Street at Third, north to Mission Bay Boulevard and west to Terry Francois. The sale is good news for everyone, including the Giants, who've been worrying over what to do with their empty development lot just to the north, and Ports, which will probably get some cash out of Salesforce.com for the Blue Greenway, plus UCSF, whose new hospital is under construction directly across the street.
· Salesforce.com Planning huge Mission Bay Headquarters [Tech Chronicles, SFGate]