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KPIX The July 4, 2024

Hello, im sara donchey. If we told you there was a corner of San Francisco where businesses are so desperate to get office space, theyre in competition with each other. Would you believe us . What if we told you its become a northern extension of Silicon Valley with vcs moving in left and right . Well theres been a kind of exodus downtown with no skyscrapers, no bustling busy streets is attracting businesses. Were talking about the presidio where vacancies are 5 compared to 35 in the city as a whole. Max darrow has more in the city where some are calling sand hill road north and the key to its success. Reporter depending on the time of day and what hes got going on, sometimes youll find cooper in his office or youll find the ceo of hamiltons doing business a twominute walk away from his office. I take calls out here all the time, standing right here, looking at the golden gate bridge. Reporter his company owns and operates apartment communities in 20 states and has been based in the pr

KPIX The July 4, 2024

He was an oakland native who shot to stardom in hollywood, but never forgot his roots in town. We are all going through something. How a bay area music legend is trying to send a message about Mental Health after the death of actor angus cloud. [ music ] he spent years making people smile on Fishermans Wharf. How total strangers are trying to help a wellknown performer targeted by thieves. Instead of moving out. This San Francisco neighborhood actually has a waiting list for businesses to move in. Hello, im sara donchey. If we told you there was a corner of San Francisco where businesses are so desperate to get office space, theyre in competition with each other. Would you believe us . What if we told you its become a northern extension of Silicon Valley with vcs moving in left and right . Well theres been a kind of exodus downtown with no skyscrapers, no bustling busy streets is attracting businesses. Were talking about the presidio where vacancies are 5 compared to 35 in the city as

KPIX CBS July 4, 2024

He was an oakland native with bright career ahead of him. The tributes pouring in this morning for euphoria star angus cloud. We have cool and cloudy weather for the next couple of days a lot different compared to yesterday with a late week warmup around the corner. So much to talk about it and ill break it down for you coming up in the first alert forecast. Heading out the door the tuesday morning, we are dealing with a couple of high wind advisories including one at the altamont pass, we have the drive times coming right up. Good morning and it is 6 00 a. M. On your tuesday morning. Heres our view from our Black Mountain camera. Look at that. Beautiful. Beautiful sunrise right there. The yellow skies just for us. That we can only see on our camera. Exactly. I mean the whole Santa Clara Valley you see it and just blanketed with that marine layer this morning. And its doing to feel a lot cooler this afternoon. You are going to notice it when you head home from work, the 90s we had yest

KPIX CBS July 4, 2024

To help. And more on why thats happening coming up on kpix 5 and streaming on cbsn bay area. Leering fromming the mark hopkins camera at the city this morning. It will be a lot cloudier day. You will definitely notice it if you live in San Francisco or along the bay bridge. Along the peninsula its going to be a nice gloomy cool day for us and where temperatures arent going to warm up too much more for our friends in San Francisco. Right now at 56 degrees and later this afternoon well continue to see 60s just in that area. 60s right now in concord and 59 over in oakland. Now widespread throughout the bay area, weve been talking about this recordbreaking heat just to the south of us in southern california. But here today, were all sitting below average. Whether you live near antioch, napa, even over into San Francisco, today is a cool and cloudy day for us for our tuesday forecast. Well continue to see that trend for tuesday and even wednesday as well. Theyre still dealing with well abov

KPIX CBS July 4, 2024

Seen Many Companies and Venture Capital firms move away from downtown and establish themselves in the presidio. It is not just the types of companies here but also the type of space that is available. Reporter Diana Simmons says interest really picked up as companies shifted the way they did business. We have had so much interest in our smaller spaces that we have had to start a waiting list. Reporter simmons says there are more than 200 businesses in the presidio. 95 of the commercial portfolio is leased, so there is a 5 vacancy rate. Just a few miles away, the Office Vacancy rate stands at 31 . With open spaces, park spaces, places to do work and Team Building outdoors, ample parking, we hear from our tenants that that is something that they are looking for and feel is a benefit to employees and bringing them back to work. Reporter at the restaurant sessions at the presidio, one. 0 says that this is one thing he does not take for granted. The restaurant has been around for seven year

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