Michael A. Covarrubias Of TMG Partners Acquires Metreon Mall From Barry Sternlicht Of Starwood Capital Group

The asset involved in this transaction is the 312,592-square-foot Metreon Mall located at 135 Fourth Street in San Francisco. The property is currently assessed at $150.7 million and is 92% leased, with major retailers including Target and AMC. The mall is situated on city-owned land with a lease that extends through the year 2082.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Square Footage: 312,592
• Address: 135 Fourth Street
• Market: San Francisco
• Buyer: Michael A. Covarrubias - TMG Partners
• Seller: Barry Sternlicht - Starwood Capital Group

In this deal, Michael A. Covarrubias represents TMG Partners as the buyer, while Barry Sternlicht represents Starwood Capital Group as the seller. Both parties are prominent figures in the property market, contributing to the ongoing dynamics of commercial real estate transactions in San Francisco.