SAN FRANCISCO-HFF has closed the sale of 55 Grant Avenue, a six-story, 12,653-square-foot, high-street retail asset in San Francisco's Union Square District.
HFF marketed the property on behalf of a joint venture between City Center Realty Partners, LLC and Angelo Gordon & Co. St. Bride's Managers, LLC represented the purchaser of the property.
55 Grant Avenue is situated one block from Union Square Park and luxury retailers such as Neiman Marcus, Barneys New York, Tiffany & Co., Louis Vuitton, Hermes, Bottega Veneta, Chanel and Gucci. Built in 1909 and most recently renovated in 2013, the building is 100 % leased to five tenants including Tumi, which occupies the ground-floor space.
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