Descripción del activo
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 989 Market Street, a 52% leased 6-story boutique creative office asset with best-in-class finishes and ground floor retail along San Francisco’s most prominent thoroughfare. The 117,178 SF asset offers differentiated product with extensively renovated creative office space requiring minimal near-term capital. With high open ceilings and top-tier build outs, 989 Market boasts headquarters quality office space and fully leased ground floor retail. The Property offers excellent business plan optionality to capture a full-building user or multi-tenant lease up. 989 Market offers a unique opportunity to acquire a fully renovated creative office asset at an attractive basis in a transit-oriented Market Street location.
Atributos
Medios
Aspectos destacados de la inversión
- Best-in-class office build outs with high open ceilings.
- Ideal building size providing optionality for a single user or multi-tenant lease up
- Institutionally maintained with very limited near-term capital required
- Attractive basis below replacement cost with near-term cash flow
- Top-tier nearby amenities and entertainment
- Direct access along Market Street with proximity to BART and Caltrain
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