SAN FRANCISCO, CA-HFF has closed the sale of Potrero Business Center, a three-building, 135,000-square-foot office and industrial/flex business park near Mission Bay.
HFF marketed the property on behalf of Morrison Street Capital LLC. and SF Industrial 1 LLC, which was advised by Zurich Alternative Asset Management LLC purchased the property free and clear of debt.
The center is located on Cesar Chavez Street between Interstate 280 and Highway 101, adjacent to Mission Bay and in close proximity to the 22nd Street Caltrain station. Situated on 4.57 acres, the property is 94% leased to a wide spectrum of tenants.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
