Seattle Firm Grabs 939 Ellis

SAN FRANCISCO—Columbia Pacific Advisors, a Seattle-based alternative investment firm, acquired 939 Ellis Street, an office building that has approximately 116,000 total square feet. The property is located in downtown San Francisco’s notable Van Ness Corridor, an area that has experienced explosive growth in recent years. Columbia Pacific purchased the building from Bay Area Air Quality Management District (“BAAQMD”).  BAAQMD will remain in the building as a tenant through 2015.

Columbia Pacific engaged San Francisco-based Long Market Property Partners (“LMPP”) to assist with the investment and leasing oversight. Located in one of San Francisco’s most recognized thoroughfares, the property is situated among high-rise residential complexes, medical and government buildings, cultural centers, and hotels as well as some of the city’s most renowned restaurants.