When it comes to real estate in San Francisco, the iconic Ferry Building on the waterfront Embarcadero is a tasty morsel.
Company Blackstone Group, which currently belongs to the cult complex, where is the Ferry Building Marketplace fair, Saturday market CUESA Farmer’s Market and several restaurants, is planning to sell the Ferry Building and two buildings for $ 300 million. It is still unknown when the deal goes down, and who decided to buy this unusual product. However, it is reported that the transfer of ownership will take place in the next few weeks.
source: flickr
Company Blackstone bought the Ferry Building at the port of San Francisco lease for 66 years. In 2007, they purchased office premises with an area of 175 000 square feet and retail space with an area of 65,000 square feet. For resale or transfer of the lease agreement will need the approval of the port management.
source: wikipedia
The annual rental fee for the Ferry Building is 1.6 million dollars.
source: wikipedia
At the moment it is not clear what impact the upcoming sale will have on the Ferry Building. It is hoped that the change of ownership will not affect the wonderful restaurants and quality of food there, what the people of San Francisco especially appreciate its famous landmark.
source: wikipedia
