NAI Northern California Represents Seller in $9.4 Sale of North Beach Office Building
SAN FRANCISCO, CA - NAI Northern California, the Bay Area presence for NAI Global, the largest commercial real estate brokerage network in the world, is proud to announce the $9,435,000 sale of a three-story office building in the North Beach neighborhood of San Francisco.
NAI Northern California’s Senior Investment Advisor Alex Barker and Investment Advisor Thomas Loretz represented the sellers in this transaction. "Our team at NAI Northern California was able to overcome several obstacles to successfully advise our clients on the sale of their highly visible property,” states Mr. Barker.
“We professionally guided our clients through the sales process, with our hands-on approach and our extensive knowledge of the local market."
Located at 665 Chestnut Street in San Francisco, the three-story, 16,900 square foot office building stands on the historic streets of the North Beach district with easy access to restaurants, cafes, public transportation and well as the nearby Embarcadero waterfront, and Financial District.
This North Beach office is in a prime location for public transportation systems including the Powell-Mason cable car line and multiple MUNI locations for easy access to all parts of the San Francisco Bay Area.
665 Chestnut Street was 100% occupied at the time of sale enabling Alex and Thomas of NAI Northern California to deliver an ideal investment income opportunity in the San Francisco office market.
About NAI Northern California
NAI Northern California is at the leading edge of technology, collaborative culture, and training, giving our local professionals a competitive advantage and creating better outcomes for our clients. We are consistently a top Commercial Brokerage in the Bay Area, and continue to grow our team and revenues.
NAI Global is the largest commercial real estate brokerage network. Founded in 1978, today NAI Global has more than 400 offices worldwide and over 7,000 professionals, managing over 425 million square feet of property. Global offices deliver market-leading services locally and combine their in-market strengths to form a powerful bond of insights and execution for clients with multi-market challenges.