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Two Union Street Buildings Change Hands

SAN FRANCISCO-Located in the same Union Street Shopping District block, the two properties sell in separate transactions totaling approximately $14.5 million.

By Brian K. Miller | Updated on October 03, 2007

SAN FRANCISCO-Two buildings on the same block in the Union Street Shopping District here – one long vacant and another fully leased – have traded in separate transactions totaling about $14.5 million, according to Colliers International and local industry sources. The buildings are located in the 1700 block of Union St., between Octavia and Gough streets.

The larger building, a 14,200-sf building at 1799 Union St., is 100% leased to a mix of retail and office tenants including Bayside Bar & Grill, Tango, Robert Berry, and Yogurt Bar. Grosvenor International sold the building to Catalyst Ventures. Local industry sources tell GlobeSt.com the sale price was close to the asking price, which was $7 million.

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