Acore and Harvest Property buy San Francisco office from CIM
Real Assests Ipe | April 08, 2020
Acore Capital and Harvest Properties have paid close to $100m (€91.9m) to buy a San Francisco office building. According to sources, the duo have joined forces to buy the asset at 274 Brannan Street from CIM Group which acquired the property for $71m in 2016. According to sources, the deal is one of a few significant office building sales that have closed in San Francisco since the outbreak of COVID-19 as most have been put on hold. The 105,800sqft property has a current occupancy of 95%.