Potential Buyer of Defunct San Francisco Centre Walks Away From Deal
Presidio Bay and Prado Group withdrew after months of diligence as the 1.5 million-square-foot mall is re-listed, sources said.
6 Articles
6 Articles
Potential buyer of defunct San Francisco Centre walks away from deal
Potential buyer of defunct San Francisco Centre walks away from deal Another setback in San Francisco downtown revitalization as a potential buyer for the shuttered market street mall facility walks away from the deal. Brad Hamilton reports. The post Potential buyer of defunct San Francisco Centre walks away from deal appeared first on KION Central Coast.
Uh Oh: SF's Shuttered Downtown Mall Back on Market After Buyers Back Out
The beleaguered former Westfield SF Centre mall will not be redeveloped by a pair of local of developers after all, and complications with the ownership of the land underneath the mall could be to blame.
Deal for Shuttered San Francisco Centre Collapses as Buyers Walk Away
The sale of the now-vacant San Francisco Centre has fallen through as developers Prado Group and Presidio Bay Ventures have walked away from the pending deal, the San Francisco Chronicle first reported. Sources told the Chronicle that the plan is now to re-list the 1.5-million-square-foot retail property, which went on the market shortly after lenders Goldman Sachs and JPMorgan Chase won a foreclosure auction with a $134-million credit bid last …
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