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Embarcadero Capital Sheds 301 Howard St.

SAN FRANCISCO—While it has been rumored for some time now, New York-based Emmes Asset Management Co. LLC has purchased the 23-story building here and plans to enhance and reposition the property.

By Natalie Dolce | Updated on January 23, 2015

SAN FRANCISCO—While it has been rumored for some time now, Emmes Asset Management Co. LLC has purchased 301 Howard St. here and plans to enhance and reposition the property.

The New York City-based firm, together with one of its US pension fund partners, has acquired the 23-story office building with ground floor retail is centrally located on the corner of Howard and Beale Streets in the city’s South Financial District. The seller, Embarcadero Capital, was represented by Stephen Van Dusen of Eastdil Secured, and Embarcadero Realty Services will be retained to provide property management services.

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