Dr. Reza Malek's Ramosa LLC Purchases International Order Of Odd Fellows Temple In San Francisco For $6.8M
California
See Similar DealsDr. Reza Malek's Ramosa LLC Purchases International Order Of Odd Fellows Temple In San Francisco For $6.8M
26 7th Street
See Similar DealsSummary
The property involved in this transaction is an office asset located at 26 7th Street, situated in the San Francisco market. It was sold for $6,800,000, comprising 48,000 square feet, which amounts to a price per square foot of $142. The asset is recognized as the International Order of Odd Fellows Temple, a historic six-story building that has been previously home to CVS and features vacant portions on its ground floor. Currently, it accommodates artists and small tenants.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $6,800,000
- Square Footage: 48,000
- Price Per Square Foot: $142
- Buyer: Dr. Reza Malek - Ramosa LLC
- Market: San Francisco
- NOTES: The building has been part-vacant and is now utilized by artists and small tenants.
The deal was facilitated by Dr. Reza Malek, who is affiliated with Ramosa LLC, the purchasing entity. The transaction highlights the involvement of established local interests in transforming historically significant assets for contemporary use.
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