Brandon Tarpey Of Embrace Real Estate And Anant Bhalla Of 1823 Partners Acquire Retail Complex In San Francisco For $75M To $80M

The property asset involved in this transaction is Ghirardelli Square, a historic waterfront retail complex located at 900 North Point Street in San Francisco. The complex spans 105,000 square feet and consists of 12 fully leased buildings, originally a chocolate factory converted in 1964. The asset was sold by Jamestown LP for an estimated transaction amount ranging from $75 million to $80 million.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $75 million to $80 million
• Asset Address: 900 North Point Street, San Francisco
• Square Footage: 105,000
• Buyer: Brandon Tarpey - Embrace Real Estate; Anant Bhalla - 1823 Partners
• Seller: Matt Bronfman - Jamestown LP

This transaction involved a partnership between Embrace Real Estate and 1823 Partners, with Continuum Partners leading operations. Jamestown LP previously acquired the property in 2013 for $54 million and repositioned it as a major tourist destination along San Francisco’s waterfront.