Healthcare giant McKesson selling, leasing back San Francisco HQ
 
Posted: 24 Aug 2016, 4:50 pm
McKesson Corp., the fifth-largest U.S. public company by revenue, is listing its San Francisco headquarters at One Post St. for sale, with plans to lease back a portion of the building. The tower is one of the most prominent buildings along Market Street, adjacent to the Montgomery BART station, and McKesson (NYSE: MCK) will maintain the property as its company headquarters. The company, which is the largest pharmaceutical distributor in North America, plans to have about 1,200 employees in the?

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Palo Alto Mayor: Slow job growth so housing becomes affordable again
 
Posted: 24 Aug 2016, 10:38 am
The mayor of Palo Alto is hitting back against criticism that the city is becoming too expensive to afford, saying in a recent interview that the Bay Area's massive job growth is to blame for any housing crunch the region may be experiencing ? and that the answer may be slowing job creation in the area. Mayor Patrick Burt made the comments in an interview with Curbed SF, initially in response to last week's resignation by Palo Alto planning commissioner Kate Vershov Downing, who said in an open?

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Academy of Art is granted stay in building code lawsuit
 
Posted: 24 Aug 2016, 10:12 am
A lawsuit brought by the City of San Francisco against the Academy of Art University has been issued a stay this week, as the city continues to grapple with attempts to bring the school into compliance with building codes while dissuading other scofflaws. ?We are pleased that the court ruled ? at least temporarily? to stop the burden of discovery,? said Claudia Vetesi, an attorney for the Academy of Art University, in a statement to the Business Times. ?We are also pleased that we are?

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July Construction Starts Slip 2 Percent
 
Posted: 23 Aug 2016, 6:30 pm
NEW YORK August 19, 2016, At a seasonally adjusted annual rate of $586.3 billion, new construction starts in July fell 2% from the previous month, according to Dodge Data & Analytics.

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