Dwindling hopes that the San Francisco Centre can stage a comeback were dealt a severe setback this week with the impending loss of the downtown mall’s anchor tenant.
Bloomingdale’s is shutting its 339K SF store at the San Francisco Centre at the end of March, the San Francisco Chronicle reported.
The Macy’s-owned chain has a lease for the space that was not scheduled to expire until 2046, according to bondholder reports on the debt tied to the mall. Details on a negotiated exit from the lease were not provided.
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