• Sun. Jun 23rd, 2024

San Francisco Office Tower Lands Buyer at Much Lower Price

Bynewsmagzines

May 10, 2023
The Union Bank-owned office tower at 350 California St. in downtown San Francisco first hit the market in mid 2020. (CoStar)

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It has been nearly three years since financial giant Union Bank put its downtown San Francisco office building up for sale with a $250 million price tag. Now, with a buyer finally waiting in the wings, the tower is slated to sell for just a fraction of the original listing — in a sign of San Francisco’s mounting office woes.

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