List and Sell Your Equipment  /  Dealer Login  /  Create Account

Prime Site in San Francisco’s Design District Sells for $10M

The buyer acquired the site for $9.99 million and plans to add three floors of creative office space above the existing structure.

Mon November 30, 2015 - West Edition
Construction Equipment Guide


Transwestern announced it negotiated the disposition of the 17,242-sq.-ft. (1,602 sq m) industrial property located at 828 Brannan St. in San Francisco, Calif.
Transwestern announced it negotiated the disposition of the 17,242-sq.-ft. (1,602 sq m) industrial property located at 828 Brannan St. in San Francisco, Calif.

Transwestern announced it negotiated the disposition of the 17,242-sq.-ft. (1,602 sq m) industrial property located at 828 Brannan St. in San Francisco, Calif. Michael Cisternino, Transwestern’s senior vice president and director of investment services and Steven Orchard, senior vice president represented the seller, 828 Brannan Street LLC in the transaction. The buyer acquired the site for $9.99 million and plans to add three floors of creative office space above the existing structure, along with a complete remodel of the first and second floors.

“This site’s prime location between the headquarters for Pinterest and Airbnb, and directly across from one of the largest housing developments in Showplace Square made 828 Brannan an ideal redevelopment opportunity,” said Cisternino. “The new ownership’s plan to add creative office space will make this a highly sought-after location for tech and social media companies that have been actively looking to lease space in this submarket.”

The property is across the street from the planned 432-unit, mixed-use apartment complex being developed by Equity Residential. The development also will have 37,000 sq. ft. (3,437 sq m) of landscaped open space and 3,000 sq. ft. (278.7 sq m) of retail/restaurant space.

For more information, visit transwestern.com.




Today's top stories

Manhattan Construction Earns AGC Award for $1.1B Globe Life Stadium Project

Proposed Rollback of NEPA Reforms Conflicts With Biden's Infrastructure Goals

Case to Host Live Virtual Event on Machine Control for Dozers, Motor Graders

New Holland Construction Introduces B75D Economy Class Loader Backhoe

Integration of Topcon 3D-MC With Volvo Active Control Raises Bar in Excavation Precision

LeeBoy Signs Three Dealers in Virginia

Sales Auction Company Holds 12th Annual Fall Auction

NCDOT to Widen, Raise I-95 Through Lumberton to Prevent Floods


 






ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo