JUST IN: Two San Francisco office buildings bought for $949M in 2019, have been marked down to zero
— Triple Net Investor (@TripleNetInvest) March 23, 2024
Market Center and 111 Sutter were acquired by Paramount Group for $722M and $227M, respectively
The owner said on an earnings call that they are in negotiations w/ lenders, but… pic.twitter.com/DExPIskxWu