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Ikea Parent Buys Vacant San Francisco Mall for Its First US Mixed-Use Project

TMG Partners, Alexandria Real Estate Land Buyer for Long-Vacant 6x6 Shopping Center
San Francisco's 6x6 shopping center, which has been sitting vacant since its completion in 2017, has been sold to Ikea parent company Ingka Centres. (CoStar)
San Francisco's 6x6 shopping center, which has been sitting vacant since its completion in 2017, has been sold to Ikea parent company Ingka Centres. (CoStar)
CoStar News
September 8, 2020 | 2:15 P.M.

The parent company of furniture retailer IKEA bought San Francisco's 6x6 vacant mall, long emblematic of the city's retail struggles, as the first mixed-use project purchase in the United States for the development-minded Swedish company.

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