150 Post Set to Benefit from Transformative Repositioning

Urban Land Development will upgrade the interior by uncovering the 14 to 15-foot slab-to-slab ceiling heights, reconfiguring suites to occupy half or full floors of up to 14,000 square feet and creating an open office floorplan.

150 Post

SAN FRANCISCO—150 Post St. in Union Square was built in 1908 and structurally renovated in 2003. Located in one of the key US urban retail districts, one block from the North Financial District and one-and-one-half blocks from the Montgomery Street BART, the seven-story building comprises 117,435 gross square feet of office space with ground-floor retail, including Shreve & Co. Jewelers.

Privately owned San Francisco-based Urban Land Development in a joint venture with Urban Land Capital, an affiliated real estate private equity fund, and institutional investor Meyer Corporation recently acquired the asset from a joint venture of Madison Capital and an institutional real estate advisor. The price was undisclosed.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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