San Francisco fire sale: downtown high rise selling at a 73% discount

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San Francisco fire sale: downtown high rise selling at a 73% discount
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A high rise office building in San Francisco's financial district is being sold for significantly lower than what it had been valued at a few years ago, the San Francisco Business Times reported.

Tacorea restaurant owner David Lee describes being mentally 'drained' by the crime wave, and says he hasn't received victim help from San Francisco leadership.in San Francisco’s financial district is reportedly being sold for significantly lower than what it had been valued at a few years ago, potentially providing a signal for the city’s office market.

could potentially have a new gauge in terms of pricing. On the seller’s side in the deal, CBRE’s Kyle Kovac and Mike Taquino provided representation.

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