Two Union Street Buildings Change Hands

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.