Morgan Asset Management, who had controlled the building since 2014. At the time of the sale, the office portion of the complex, totaling 235,000 square feet, was fully leased to Intuit. The building is within blocks of 300 Post.Ī year later, in September of 2017, Ponte Gadea entered into contract to purchase Pacific Place, a mixed-use asset, for $475 million, or about $1,082 per square foot. The 96,882 square foot asset traded for $1,365 per square foot. Share Cloud Insights Engineer - Apple Cloud Services / ACS. The investment firm has purchased several other central San Francisco properties in recent years, including The Tiffany Building, which it acquired from Greenstone Realty Advisors LLC in the fall of 2016 for $135 million. The roughly one dozen locations in the city will be limited to picking up online orders and. Apple Store - Summit Sierra at 13945 South Virginia Street in Reno, Nevada 89511: store location & hours, services, holiday hours, map, driving directions. Ponte Gadea is led by fashion mogul and Spanish billionaire Amacio Ortega, who co-founded Inditex, the fashion group behind Zara retailers. Apple has closed all of its New York store locations to browsing because of a surge in Covid-19 cases. It is also a quick block to the Montgomery and Powell Street BART stations. The long-standing Macy’s department store is located just a block away, as are other notable attractions such as the Yerba Buena Center for the Arts, Union Square itself, and The Westin San Francisco. It is located at 300 Post Street, right in the heart of San Francisco’s main shopping district. The building, constructed in 2016, totals 23,470 square feet. The seller of the property, according to San Francisco parcel information, is Grand Hyatt SF LLC. The property is at the center of the action in San Francisco, and further expands Ponte Gadea’s portfolio in San Francisco. In a transaction that just closed, Ponte Gadea purchased the Apple store in San Francisco’s Union Square for $120 million, or more than an astounding $5,000 per square foot, according to public documents. ![]() Private Spanish Capital Firm Ponte Gadea is continuing to snap up prime San Francisco real estate, this time closing on a deal to buy up a prime piece of retail.
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