Bijan Chadorchi Acquires Mixed-Use Building In San Francisco From Grosvenor For $30.5M

Bijan Chadorchi acquired a six-story mixed-use building at 251 Post Street in San Francisco for $30.5 million. The property encompasses 38,000 square feet and is located in the Union Square area. It is currently 54% leased, featuring nearly 10,000 square feet of fully leased ground-floor retail space.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $30,500,000
• Square Footage: 38,000
• Address: 251 Post Street
• Market: San Francisco
• Price per Square Foot: $803
• Buyer: Bijan Chadorchi
• Seller: Grosvenor
• Brokers: Kazuko Morgan, Seth Siegel & Ryan Venezia - Cushman & Wakefield

The transaction was facilitated by brokers Kazuko Morgan, Seth Siegel, and Ryan Venezia from Cushman & Wakefield, who marketed the property during the sale process. The property, originally built in 1908, was owned by Grosvenor for a significant period prior to this transaction.