It has been nearly three years since financial giant Union Bank put its downtown San Francisco office building up for sale with a $250 million price tag. Now, with a buyer finally waiting in the wings, the tower is slated to sell for just a fraction of the original listing — in a sign of San Francisco's mounting office woes.
Deep Discounting: San Francisco Office Tower Lands Buyer at Much Lower Price
SKS Real Estate Partners Reaches Deal To Buy Property at a Fraction of Original Listing
By Katie Burke
CoStar News
May 10, 2023 | 7:38 P.M.
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IN THIS ARTICLE
- Properties
- Union Bank of California
350 California St, San Francisco, CA
- 888 Brannan
888 Brannan St, San Francisco, CA
- Companies
- SKS Real Estate Partners, LLC
Real Estate