Angelo, Gordon & Co. and City Center Realty Partners Acquire Five-Story 220 Post Street Property in San Francisco’s Union Square

Exceptional flagship retail building located along one of San Francisco’s most desirable blocks

SAN FRANCISCO--()--City Center Realty Partners, LLC (CCRP), a San Francisco-based real estate investor and developer, in a partnership with Angelo, Gordon & Co., today announced its acquisition of 220 Post Street, a five-story plus lower level flagship retail building situated in the heart of San Francisco’s Union Square shopping district.

“This is truly a rare opportunity to acquire a high profile retail property with significant upside potential in one of the most coveted investment markets in the country.”

The property provides prime retail frontage along one of San Francisco’s most desirable blocks, home to Ferragamo, Dior, Cartier, Graff, Burberry, and Harry Winston. 220 Post Street is currently occupied by Saks Fifth Avenue Men’s Store.

“City Center Realty Partners is thrilled to add this world-class retail asset to our portfolio,” said Sigurd Anderson, Founding Partner and CEO with CCRP. “This is truly a rare opportunity to acquire a high profile retail property with significant upside potential in one of the most coveted investment markets in the country.”

CCRP oversees a portfolio of urban real estate in major markets throughout the country, including San Francisco, Minneapolis, and Las Vegas. Among CCRP’s San Francisco Bay Area assets are numerous properties in the city’s Union Square shopping district and the 14.5-acre Public Market mixed-use redevelopment project in Emeryville, CA.

About City Center Realty Partners

City Center Realty Partners, LLC (CCRP) is a San Francisco based real estate investment firm, specializing in the development, redevelopment and acquisition of urban real estate. Nationwide, CCRP has developed and acquired more than $1 billion of retail, office and mixed-use properties. For more information visit www.ccrpllc.com

About Angelo, Gordon & Co.

Angelo, Gordon & Co. is a privately-held registered investment advisor dedicated to alternative investing. The firm was founded in 1988 and currently manages approximately $26 billion.

Contacts

City Center Realty Partners, LLC
Maureen Futtner, 415-637-3280
maureen@maureenfuttner.com

Release Summary

Angelo, Gordon & Co. and City Center Realty Partners Acquire Five-Story 220 Post Street Property, exceptional flagship retail building located in San Francisco’s Union Square shopping district.

City Center Realty Partners, LLC