6/13/2008

CBRE Investors acquires San Francisco office building

by Eric Ramsden
CB Richard Ellis Investors has purchased a six-story office building in San Francisco, Calif., from the building's developer, Lowe Enterprises.

The building is located at 500 Terry Francois Blvd. in the Mission Bay area of San Francisco. It contains 291,000 square feet and a 4,000 square foot fitness facility and 9,000 square feet of retail space. CB Richard Ellis purchased the building on behalf of its Strategic Partners US IV Fund.

Lowe Enterprises is a Los Angeles-based real estate company that specializes in the investment, management and development of commercial, hospitality and residential properties.

Address: 500 Terry Francois Blvd., San Francisco, Calif.

Size: 291,000 square feet

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Filed Under: Office

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