SAN FRANCISCO-A Houston-based air freight forwarder is marketing for sale a seven-story, 66,000 sf office tower at 260 Townsend Street. The asking price is $37 million. Cushman & Wakefield has the listing.

The building is the former corporate headquarters of recently acquired Circle International Group, Inc. EGL Inc., the nation’s largest domestic heavy-weight air freight forwarder, is the seller.

Located in San Francisco’s “Multimedia Gulch” on Townsend Street between 3rd and 4th Streets, the 15-year-old class A office building is one of the largest single properties to come available this year in the South of Market area, considered among the city’s most desirable office locations.

Located one block from Pacific Bell Park, it is one of the most recognizable buildings in the South of Market area, adjacent to the Mission Bay redevelopment project. The brick-clad steel framed building has landscaped decks and balconies offering 360-degree views of the city.

The facility includes an 88-stall secured indoor parking garage, two-story glass-walled atrium lobby, back-up generator, dual emergency power supplies, and a 6,000-sf basement area with raised computer floor.

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