Presidio Bay Ventures and Prado Group Walk Away From San Francisco Centre Mall Redevelopment Deal, Returning Shuttered 1.5MM-SQFT Landmark to Market

Presidio Bay Ventures and Prado Group have abandoned their winning bid to redevelop San Francisco Centre, citing a failed ground lease renegotiation with the San Francisco Unified School District and capital-raising headwinds that together made the deal untenable — returning a shuttered, nearly 1.5-million-square-foot downtown landmark to market at a moment when the city's commercial […]