Search
 
News

NY Real Estate Investment Firm to Convert Downtown SF Office Building to Medical Use

The seven-story 939 Ellis, which Seavest Healthcare Properties acquired in June 2018 for $49 million, consists of 87,189 square feet of rentable office space, and 53 parking spaces. The acquisition marked Seavest’s entrance into the San Francisco real estate market.

Seavest Healthcare Properties recently succeeded in obtaining a health services conditional use zoning change for the 119,262-square-foot 939 Ellis building in Downtown San Francisco. The property had been zoned for commercial office use. Seavest Healthcare Properties recently succeeded in obtaining a health services conditional use zoning change for the 119,262-square-foot 939 Ellis building in Downtown San Francisco. The property had been zoned for commercial office use.

SAN FRANCISCO—White Plains, NY-based Seavest Healthcare Properties has secured approvals from the city to convert what had been a vacant office building in the Van Ness corridor into a 119,292-square-foot medical office building.

The San Francisco Planning Commission approved Seavest’s application for a health services conditional use authorization for the building that previously had been zoned strictly for commercial office use.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

More from this author

Recommended Stories

Nominate a Net Lease Expert

Nominate a Net Lease Expert

Ingrid Tunberg |

Do you know a professional and/or company that has helped shape the net lease sector? Submit a candidate for GlobeSt.'s Influencers in Net Lease recognition before May 29!

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.