SAN FRANCISCO-An office-condominium building located at 333 BushSt. has reached sales block. The 543,000-square-foot building hasresidential condos and office space and is expected to fetch $272million, or $500 per square foot.

Brookfield Asset Management, the seller, foreclosed on theproperty in 2009 after the prior owners, a partnership between NewYork-based Sterling Equities and Houston-based Hines, defaulted onthe debt. Eastdil Secured is marketing the Bush Street building forsale. For the full story, go to San Francisco Business Times .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.