MacFarlane Buys Mid-Market Site for New Apartment Building
Join your 2,000 multifamily professionals in Los Angeles on October 15-16 and be part of the action at RealShare APARTMENTS, the premier event of the year.
SAN FRANCISCO-MacFarlane Partners, based in San Francisco, has grabbed the last remaining development site in Mid-Market with plans to construct a 12-story residential building there. The housing developer acquired the 1125 Market St. property for $7.8 million.
The developer has not yet chosen an architect for 13,000-square-foot site, which could house a 113,000-square-foot building. In the deal, the seller was represented by Kidder Mathews' Clayton Jew and David Wientjes, while the buyer was represented by TRI Commercial's Gary Cohen and Anton Qiu. For the full story, go to San Francisco Business Times .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Mark your calendar for October 15-16 and be part of the action at RealShare APARTMENTS the premier multifamily event of the year.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.