SAN recently reported that one of the investment entities of Cypress Properties Group has acquired a vacant 42,500-square-foot office building that includes a 437-seat theater at 644 Broadway in San Francisco. The seller was Goldman Holdings Inc. and was represented by Pius Lee of California Realty & Land Inc.

According to Cypress Properties Group principal, Jeff Lee, “Buying a value-add building like 644 Broadway is exactly the type of creative real estate investing that we are in the market for.” He adds that the deal is “highly entrepreneurial and it is the type of deal that is typically overlooked by people in our industry.”

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?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

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

  • Free unlimited access to'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 and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.