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 . News Hub is your link to relevant real estate and business stories from other local, regional and national publications.