Ashkenazy Buys Trophy San Francisco Retail Asset

Ashkenazy Buys Trophy San Francisco Retail Asset

San Francisco’s Union Square neighborhood, the fourth most expensive retail district in the country, just broke another record with the $160 million sale of approximately 58,000 sq. ft. in a two-building portfolio, another sign that trophy properties are attracting intense investor interest.

Deka Immobilien Europe, a fund of German property firm Deka Immobilien, sold One Stockton Street, occupied by a flagship Apple store, and One Union Square to New York

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