OAKLAND, CA—Real Estate investor Tom Henderson has picked up the former I. Magnin store at 20th Street and Broadway. The former department store joins several other high profile purchases in the last 18 months by the CEO of San Francisco Regional Center.
Henderson told the San Francisco Business Times that he expects the deal with seller Beacon Group Ventures to close within a month.
The owner of the 59,427-square-foot building had gone into contract with the University of California Press last year, but that deal fell apart.
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