A value-added purchase and renovation of a retail property located in the highly desirable Union Square district of San Francisco. This property was purchased in anticipation of a long term tenant vacating the entire building.
Following a subsequent renovation, the property was re-leased to three world class retailers at substantially higher rental rates. Substantial value enhancement was created through strategic re-tenanting of the building and careful market timing for the ultimate disposition of the investment.
San Francisco, CA
37,838 sq. ft.