Colliers International completed the sale of two retail properties previously owned by the McEvoy Family Trusts in the heart of San Francisco’s Union Square.
The deals totaled approximately 28,153 square-feet of space and $16.9 million in value.
The Cartier building, located at 233 Post St., sold to Angelo and Yvonne Sangiacomo for approximately $13.3 million. The square footage of the recently purchased asset totaled approximately 24,043 square-feet.
The second property, 134 Maiden Lane, occupied by Pierre Deux, was sold to Litchmann & Co., a private investment group, for approximately $3.6 million. The square footage of the property totaled approximately 4,110 square-feet on 3 levels.
The properties were purchased by the McEvoy family more than 60 years ago, and have never entered the market until now, according to a press statement.
Colliers International is a commercial real estate firm with more than 248 offices in 51 countries in the Americas, Europe, the Middle East and Africa, and greater Asia.
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