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Starks Building tenants unsure of future after Hudson Holdings purchase

After the long-expected sale of the Starks Building closed last week, the status of the downtown Louisville landmark’s current tenant mix is a little foggy.

In February, Business First learned that the buyer, Florida-based Hudson Holdings Co., planned to convert a large portion of the 14-story building into a 200-room hotel and 100 apartments, leaving retail and office space on the first floor.

Business First reported Friday that the company purchased the building for $14.25 million from Santa…

Warehouses become highrises: Map of S.F.'s Central SoMa real estate boom

When you look at the map of some of the most ambitious projects that developers are proposing in South of Market, they’re concentrated along the new Central Subway and near the current Caltrain station at 4th and Townsend Streets.

(Scroll down to see the map of the Central SoMa development pipeline.)

On Friday, the Business Times reported that a family trust called Solbrach Property Group filed plans to build a 350-foot residential highrise with 426 units at 4th and Brannan Streets. Around that…

NeuStar sues FCC over loss of number portability contract

NeuStar Inc. is suing the Federal Communications Commission over its recent recommendation to award a major contract for local number portability to rival Telcordia Technologies, according to a filing made with the U.S. Court of Appeals for D.C.

The FCC made its recommendation in an order filed March 27, giving North American Portability Management LLC, a telecommunications industry consortium, the authority to begin negotiating a new contract with Telcordia.

NeuStar (NYSE: NSR) has asked that…

MRP Realty, Uber Offices buy 16th Street building

MRP Realty and Uber Offices LLC have acquired a 32,000-square-foot building at 1509 16th St. NW for $14.5 million, or $453 per square foot, from Family Matters of Greater Washington.

The seven-story building, near the intersection 16th and P streets, has an assessed value of $10.24 million, according to D.C. property tax records.

Newmark Grubb Knight Frank’s Doug Damron, who led the team that represented the seller, confirmed the sale. Family Matters is moving to a smaller location, according…

Jay Paul picks up first chunk of Lockheed site in Sunnyvale for massive new campus

The Jay Paul Co. has closed on the first of two major land acquisitions from Lockheed that will form the base of its next supersized office campus in Sunnyvale.

The San Francisco-based developer just paid about $70.5 million for the 16.6-acre parcel at 1190 Enterprise Way, according to title documents. I first wrote that a deal was in the works back in January. Still to come: a roughly 30-acre Lockheed-owned parcel just north of this one that Jay Paul is slated to acquire before the end of the year.

The…