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California building sells for $64M less than 2019 as problems plague city

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California building sells for M less than 2019 as problems plague city


A property in California that sold for $86 million in 2019, has been acquired by a new owner for $64 million dollars less.

The building, at 410 Townsend street in San Francisco, was bought for just $22 million, SFGATE reported this week, in what could be an illustration of how the city is still battling against an underwhelming office real estate sector.

The property boasts 78,000 square feet and four floors and had been a home for tech firms in the area, said the website.

San Franscico’s office market is still struggling to recover from the COVID shock when lockdowns and stay-at-home orders led to a significant rise in home working. There were vacancy rates of about 22 percent at the end of the first quarter of 2024, according to real estate firm CBRE’s analysis.

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A panoramic view from above San Francisco’s financial district on a bright sunny day. But the office real estate market is still struggling: one block sold for $64 million dollars less than it’s last selling…


Georgeclerk/Getty Images

But the new owners of the 410 Townsend street property believe the market is about to rebound.

“It’s our opinion that this is the start of the recovery for the San Francisco real estate market and 410 Townsend provides us with the opportunity to acquire a best-in-class creative brick and beam office asset well below replacement cost and where the asset traded in 2013 and 2019,” Albert Pura, senior director of one of the buyers, New York Life Real Estate Investors, told SFGATE.

But San Francisco’s office space real estate fightback is still in the early stages. CBRE’s analysis showed that the city ended the first quarter of this year with what they described as negative 387,000 square feet of net absorption

It was “the seventh consecutive quarter of occupancy losses,” the analysis said.

Homes have been hit hard too.

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The data did show some interest in offices from research and development tenants, whose demand was up by about 56 percent. But even then, the nature of their interest pointed to some softness in the overall market.

“The increase in tenant demand is largely driven by tenants who need to make decisions about their space as their leases are coming to term. Many companies are seeking to reduce the size of their current space, which portends further occupancy losses,” CBRE’s report warned.

“The software and internet industry continued to lead demand along the Peninsula contributing to about 51.3 percent of the active requirements.”

CBRE’s says its report looks at the office building market of at least 10,000 square feet and collects its information “through telephone canvassing, third-party vendors, and listings received from owners, tenants and members of the commercial real estate brokerage community.”

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Thousands advised to stay indoors in California, Oregon, Arizona

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Thousands advised to stay indoors in California, Oregon, Arizona


Parts of three states face potentially unhealthy levels of air pollution early Wednesday, a live map from AirNow shows.

The map shows multiple pockets of fine particle (PM2.5) pollution in the “unhealthy” category. In Arizona, the pocket is centered around Payson, while another area is located along the border between California and Oregon, encompassing parts of Red Rock Valley, Butte Valley, Tule Lake National Wildlife Refuge, Langell Valley, Spring Lake Valley, and areas around Klamath Falls.

At these air-quality levels, the Environmental Protection Agency advises that sensitive groups avoid long or intense outdoor activities and consider moving or rescheduling them indoors. The EPA also recommends the remainder of the population to reduce long or intense activities, and to take more breaks during outdoor activities.

Why It Matters

Officials and experts say that deteriorating air quality heightens health risks for vulnerable populations, such as older adults, children and individuals with respiratory illnesses.

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What To Know

AirNow—an air quality data resource—is a partnership between the EPA, National Oceanic and Atmospheric Administration, and other agencies.

The Air Quality Index measures air pollution on a scale from 0 to 301 and above:

  • 0—50 (Green): Good—Air quality is satisfactory, and air pollution poses little or no risk.
  • 51—100 (Yellow): Moderate—Air quality is acceptable. However, there may be a risk for some people, particularly those who are unusually sensitive to air pollution.
  • 101—150 (Orange): Unhealthy for Sensitive Groups—Members of sensitive groups may experience health effects. The general public is less likely to be affected.
  • 151—200 (Red): Unhealthy—Some members of the general public may experience health effects; members of sensitive groups may experience more serious health effects.
  • 201—300 (Purple): Very Unhealthy—Health alert. The risk of health effects is increased for everyone.
  • 301 and higher (Maroon): Hazardous—Health warning of emergency conditions. Everyone is more likely to be affected.

What People Are Saying

The EPA says on its website: “The size of particles is directly linked to their potential for causing health problems. Small particles less than 10 micrometers in diameter pose the greatest problems, because they can get deep into your lungs, and some may even get into your bloodstream.

“Exposure to such particles can affect both your lungs and your heart. Numerous scientific studies have linked particle pollution exposure to a variety of problems, including:

  • premature death in people with heart or lung disease
  • nonfatal heart attacks
  • irregular heartbeat
  • aggravated asthma
  • decreased lung function
  • increased respiratory symptoms, such as irritation of the airways, coughing or difficulty breathing.

“People with heart or lung diseases, children, older adults, minority populations, and low socioeconomic status populations are the most likely to be affected by particle pollution exposure, either because they are more sensitive or may have higher exposures.”

What Happens Next

AirNow’s map is regularly updated.

Update, 11/12/2025, 5:01 a.m. ET: This article was updated with additional information.

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California Upsets No. 14 Louisville Cardinals in Overtime Thriller

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California Upsets No. 14 Louisville Cardinals in Overtime Thriller


California quarterback Jaron-Keawe Sagapolutele threw for a career-high 323 passing yards against the No. 14 Louisville Cardinals on Nov. 8, 2025. (Courtesy: Cal Athletics)

California traveled to Louisville, Ky., in search of a statement win against the No. 14 Louisville Cardinals (7-2, 4-2 ACC), and the Golden Bears (6-4, 3-3 ACC) pulled out all the stops Saturday evening to earn the upset, 29-26, in overtime.

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On the first play of the game, California quarterback Jaron-Keawe Sagapolutele threw a lateral to his slot receiver, Jacob de Jesus, who then connected with Trond Grizzell on a deep 27-yard pass. While the Golden Bears would not score on the drive, their fast and aggressive play early on silenced much of the 51,381 in attendance.

California out-gained Louisville in total yards and offensive plays throughout the entire game. The Golden Bears never once trailed the nationally ranked Cardinals by more than one score, despite entering the game as three-score underdogs, according to many sportsbooks’ odds.

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Sagapolutele earned the game-winning touchdown in overtime with a nail-biting throw on fourth down. California’s first-year signal-caller found his favorite target of the evening, de Jesus, who brought in the three-yard reception to close out the game.

De Jesus had a game-high 157 receiving yards and hauled in 16 of 23 passes in which he was targeted. His 16 receptions tie Geoff McArthur’s school record for receptions by a receiver in a single game.

In his post-game press conference, Louisville head coach Jeff Brohm praised de Jesus, calling him California’s “best player.”

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“… Even at the end, to allow their best player to be one-on-one for an easy throw in the corner… you know, we need to coach better; we need to play better,” Coach Brohm said.

Sagapolutele completed 30 out of 47 passes attempted and racked up 323 passing yards—both career highs. In addition to the game-decider, the quarterback threw his first touchdown of the game in the first quarter, a 20-yard bomb to tight end Landon Morris.

The last time California beat a nationally ranked, top-25 team was on Dec. 5, 2020, when the Golden Bears upset the No. 20 Oregon Ducks, 21-17, for their first win in the 2020 college football season.

With the win, California is now eligible for a post-season bowl bid.



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Mom of missing California girl arrested on unrelated charges of daughter’s disappearance

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Mom of missing California girl arrested on unrelated charges of daughter’s disappearance


CALIFORNIA (AZFamily) — The mother of a missing California girl has been arrested on charges unrelated to her daughter’s disappearance, but the child still has yet to be found.

FBI Los Angeles announced that 40-year-old Ashlee Buzzard was taken into custody on Friday. However, the whereabouts of her daughter, 9-year-old Melodee Buzzard, remain unknown.

FBI Los Angeles announced that 40-year-old Ashlee Buzzard was taken into custody on Friday. However, the whereabouts of her daughter, 9-year-old Melodee Buzzard, remain unknown.(FBI Los Angeles)

Melodee and Ashlee reportedly went on a road trip as far as Nebraska in a rental white Chevrolet Malibu last month, detectives say. Federal authorities say Melodee and her mother may have passed through Interstate 15 in Littlefield, Arizona while on the drive.

Detectives say Ashlee was arrested for a recent incident where she allegedly prevented a victim from leaving against their will. Authorities say this crime is not connected to the ongoing search for Melodee.

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“Although this arrest occurred during the course of the missing person investigation, it is not directly related to Melodee’s disappearance. Sheriff’s detectives remain fully focused on locating Melodee and confirming her safety,” FBI Los Angeles said in a statement.

Ashlee was booked for a felony charge of false imprisonment. She is being held at a jail in Santa Maria, California, with bail set at $100,000.

Melodee was photographed at a rental car agency on Oct. 7, wearing a wig and a hoodie.

When she was photographed on Oct. 7 at a rental car agency, Melodee Buzzard was wearing what...
When she was photographed on Oct. 7 at a rental car agency, Melodee Buzzard was wearing what appeared to be a wig to disguise her natural hair and a hooded sweatshirt with the hood pulled over her head.(Santa Barbara County Sheriff’s Office, FBI via CNN Newsource)

The young girl has brown eyes and brown, curly hair that may be straightened or covered with a dark wig. She is between four and four-and-a-half feet tall, weighing between 60 and 100 pounds.

Anyone with information about Melodee is asked to contact detectives at (805) 681-4150 or submit an anonymous tip at (805) 681-4171.

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