SAN FRANCISCO (April 15, 2016) – Grosvenor Americas (Grosvenor), a property investment and development company, today welcomed the international fashion house Dior to their new 10,000-square-foot flagship store in Grosvenor’s building at 185 Post Street in San Francisco, following an extensive interior and entry façade fit-out.
“We are very pleased to have Dior as our major tenant. Their focus on quality and heritage will help contribute to the international appeal and retail relevance of Union Square,” said Andrei Gog, Asset Manager with Grosvenor. “The fashion house adds to the vibrant mix of retail in the area, which is a top destination for San Francisco’s 24.6 million annual visitors.”
185 Post Street is a six-story building in the heart of San Francisco’s Union Square shopping district. Grosvenor acquired the building in 2005, and renovated both the interior and exterior of the heritage structure, including new building systems, a seismic upgrade and a new glass façade that artfully preserves the original brick exterior. In 2008, the property received an Excellence in Architecture Honor Award from the San Francisco chapter of the American Institute of Architects (AIA).
Grosvenor’s west coast high street retail portfolio includes neighboring 180 and 251 Post Street in Union Square and 308-310 North Rodeo Drive in Beverly Hills, home to world-renowned jeweler Harry Winston. An active investor and developer in the San Francisco Bay Area since the 1970’s, Grosvenor’s portfolio features retail, office and apartment, including boutique residential and retail development properties at 1645 Pacific Avenue, 240 Pacific Avenue and 875 California Street.
Grosvenor is known for its international retail destinations, particularly on Bond Street in Central London, and its 42-acre Liverpool One redevelopment, which transformed the heart of one of Europe’s most important cities.
About Grosvenor Group
Grosvenor Group has 17 offices in 11 countries and assets in 16 countries. The Group has regional investment and development businesses in Britain and Ireland, the Americas, and Asia Pacific. The Group’s international fund management business operates across Continental Europe. It also has indirect investments, managed centrally. Unusual for a private company, Grosvenor publishes a detailed reporting suite – Annual Review, Financial Statements, Environment Data and index of sustainability reporting under the GRI initiative – available at: www.grosvenor.com.
About Grosvenor Americas
Grosvenor Americas aims to become a market leader in select geographical areas and sectors in Canada and the USA through focused, strategic expansion. Grosvenor Americas uses their knowledge of the cities they work in and their property skills to develop projects that contribute to the vibrancy and attractiveness of those communities. With a specific interest in retail, residential condominiums and apartments, and mixed-use sectors, the Company currently operates in Washington, D.C., Seattle, San Francisco, Los Angeles, Vancouver and Calgary. As at 31 December 2014, Grosvenor Americas had assets under management of $2.3B USD. For more information, please visit www.grosvenor.com.