Maryland based ASB Capital Adds 989 Market Street to Portfolio
Address: 989 Market St, San Francisco, CA
Seller: Harbert Management Corp
Buyer: ASB Real Estate Investments (ASB Capital Management)
RBA SF: 111,497 SF building
Lot size: 0.38 AC (16,552 SF)
Selling price: $61,250,000 ($549.34/SF )
Type: Class A Office
989 Market Street is located near the intersection of Market Street and 6th Street in San Francisco’s Mid-Market corridor. Completed in 1908, this historic, six-story office building underwent renovations from 2011 to2013 and is 94 percent occupied. Current tenants include two industry-leading technology companies, Zendesk and Zoosk, and the ground floor retail space is occupied by national retailer Blick Art Supplies.
The Peninsula Industrial Pros 