[[{“value”:”
**CBRE Tapped to Market San Francisco Centre & Emporium**
CBRE’s Capital Markets team in San Francisco has been appointed to market the San Francisco Centre & Emporium, a prominent mixed-use property situated at the intersection of Market, Mission, and Fifth Streets in downtown San Francisco. The 1.2-million-square-foot property, currently 91% vacant, was recently acquired in a foreclosure auction by Deutsche Bank and JPMorgan Chase.
The offering encompasses both fee simple and partial leasehold interests across the 5.9-acre site. The property includes flagship retail spaces, modern office facilities, theaters, conference amenities, and structured storage areas. It presents significant redevelopment potential, with opportunities to repurpose the existing infrastructure or pursue a new mixed-use concept, leveraging the site’s established 400-foot height limit.
“Amid renewed civic leadership, three consecutive years of positive population growth, and surging demand from artificial intelligence and technology firms, San Francisco Centre & Emporium is uniquely positioned to anchor the next chapter in downtown San Francisco’s recovery,” said Kyle Kovac, Executive Vice President of CBRE’s Capital Markets team in San Francisco.
Kovac is leading the sales effort alongside Mike Taquino, Kurt Altvater, and Kati Thabit on behalf of the property’s ownership.
*Photo credit: Todd Quam*
“}]]
