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Bulgari Leases 9,000 SF Retail Space At 200 Grant Ave, San Francisco

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LEASED

California

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Retail9,000 SF
Leased 04/03/2024
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LEASED

Bulgari Leases 9,000 SF Retail Space At 200 Grant Ave, San Francisco

200 Grant Avenue

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Retail9,000 SF
Leased 04/03/2024
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:9,000 SF
Transaction Type:Lease

The retail property located at 200 Grant Avenue in San Francisco, spanning 9,000 square feet, was involved in a lease transaction between the landlord Nathan Lundell of Grosvenor and the tenant Vincenzo Pujia of Bulgari. The move signifies a strategic shift for Bulgari within San Francisco's luxury retail landscape.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not provided
  • Address: 200 Grant Avenue
  • Market: San Francisco
  • Landlord: Nathan Lundell - Grosvenor
  • Tenant: Vincenzo Pujia - Bulgari
  • Brokers: Alex Sagues, Laura Barr & Madeline Mandanis - CBRE

Bulgari's relocation to Grosvenor's 200 Grant Avenue follows negotiations lasting over a year, securing over 9,000 square feet across two floors. The transition from Bulgari's long-time space at One Union Square to the new location marks a significant strategic move for the luxury jeweler in the San Francisco luxury retail market.

Players

Laura Barr
2 deals(415) 772-0123
BROKER


Details

LEASED
IMAGE: 04/03/2024 ADDRESS: 200 Grant Avenue MARKET: San Francisco ASSET TYPE: Retail ~ SF: 9,000 LANDLORD: Nathan Lundell - Grosvenor TENANT: Vincenzo Pujia - Bulgari BROKERS: Alex Sagues, Laura Barr & Madeline Mandanis - CBRE NOTE: Bulgari is relocating from its long-time space at One Union Square to Grosvenor’s 200 Grant Avenue, securing over 9,000 square feet across two floors. The move comes after Grosvenor's negotiations with the luxury jeweler for more than a year, signifying a strategic shift for Bulgari within San Francisco's luxury retail landscape.

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Deal Type
Effective Rent (Annual)

$515,874.57

Total Lease Value

$5,158,745.69

Net Landlord Cash Flow$515,874.57