SAN FRANCISCO—Grosvenor acquired 185 Post in 2005, and renovated both the interior and exterior of the structure, including new building systems, a seismic upgrade and a new glass façade that preserves the original brick exterior.
By
Lisa Brown |
lisabrown |
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Updated on April 21, 2016
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SAN FRANCISCO—International fashion house, Dior , has a new home in the form of a 10,000-square-foot flagship store in Grosvenor Americas ‘ building at 185 Post St. The move follows an extensive interior and entry façade fit out. “We are very pleased to have Dior as our major tenant. Their focus on quality and heritage will help contribute to the international appeal and retail relevance of Union Square,” said Andrei Gog , asset manager with Grosvenor. “The fashion house adds to the vibrant mix of retail in the area, which is a top destination for San Francisco’s 24.6 million annual visitors.” 185 Post Street is a six-story building in the heart of the Union Square shopping district. Grosvenor acquired the building in 2005, and renovated both the interior and exterior of the heritage structure, including new building systems, a seismic upgrade and a new glass façade that preserves the original brick exterior. In 2008, the property received an excellence in architecture honor award from the San Francisco chapter of the American Institute of Architects . Gog tells GlobeSt.com: “Union Square is an internationally renowned retail destination and, as such, is an ideal high street in our portfolio. Dior is an iconic fashion house that adds to the property and mix of high-end offerings in this San Francisco shopping district.” Grosvenor’s West Coast retail portfolio includes neighboring 180 and 251 Post St. in Union Square and 308-310 North Rodeo Dr. in Beverly Hills. An active investor and developer in the Bay Area since the 1970s, Grosvenor’s portfolio features retail, office and apartment, including boutique residential and retail development properties at 1645 Pacific Ave., 240 Pacific Ave. and 875 California St. Grosvenor is known for its international retail destinations, particularly on Bond Street in Central London and its 42-acre Liverpool One redevelopment, which transformed the heart of one of Europe’s most important cities.
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