The Peninsula Industrial Pros

Your Commercial Real Estate Source in the San Francisco Bay Area

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.

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This entry was posted on July 9, 2014 by in In the News, Office, Recent Sales, San Francisco County and tagged , , .
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