Home Commercial SVN Properties Buys Union Square Office Buildings for $5MM, a Significant Decrease After Assets Traded for $74.4MM in 2019
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SVN Properties Buys Union Square Office Buildings for $5MM, a Significant Decrease After Assets Traded for $74.4MM in 2019

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Union Square in San Francisco
Photo by Chris LaBasco on iStock
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Foreclosure auction highlights steep downtown San Francisco office market decline Two debt-troubled office buildings on the edge of San Francisco's Financial District and Union Square have been acquired for $5 million in a foreclosure auction, marking a dramatic 93 percent decline from their 2019 purchase price of $74.4 million. Richmond-based SVN Properties LLC submitted the […]

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