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

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

Why Register for NREIonline? It's simple and free, and here is what you get:

• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish