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SF Office Building Sold for 8M After City Exit | Real Estate News
An 1155 Market Street in San Francisco’s Mid-Market just hit the market for a shocking $8 million—down from $80 million in 2015. The crash? The city walked away, leaving the owner unable to refinance a $50 million loan, triggering foreclosure. STG Group swooped in with a $4 million credit bid, now aiming to revitalize the building above the Civic Center BART station—not as a flip, but as a long-term anchor for downtown’s comeback. This isn’t STG’s first rodeo: they also snagged a Lake Forest office tower for $9.3M, down from $31M. Listen in comfort:Get a discount on a Soli Pillow…
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