LVMH’s Louis Vuitton USA Buys 38,000 SQFT Former Saks Building in San Francisco’s Union Square for $48MM

The U.S. arm of LVMH’s flagship fashion house has bought the six-story former Saks men’s store at 220 Post St. for $48 million, trading a tenant’s position for ownership on San Francisco’s luxury corridor at roughly a third less than the building commanded a decade ago. Louis Vuitton USA Inc. acquired the roughly 38,400-square-foot building […]