It’s 7:15 a.m. and 60º. There will be rain, rain and more rain today. Details are here.

The time has come, Mission Local is celebrating its fourth anniversary and we want you to join us! The party is tonight at 780 Cafe starting at 8pm. We’ll have discounted drinks, a raffle, and live music! Don’t miss Diana Gameros and her band and our very own DJs (Horchata, Anarquia and Chipi Chipi). For more information, click here.

A 51,270-square foot warehouse that housed the West Coast headquarters for The Sak Brand  (at 16th and Harrison streets) is changing hands according to The Registry. The company is moving out of the city.

A joint venture of San Francisco’s Swire Properties and Friedkin Investment Co. has acquired 400 Alabama St. in San Francisco’s Eastern Neighborhoods district, paying $8.1 million, or $158 a foot, according to CBRE Group Inc.

The seller was Elliott & Lucca Properties LLC. Elliott Lucca is a handbag and accessory maker. The brand is one of three owned by The Sak Brand Group.