CBRE Arranges the Sale of 1095 Market Street in San Francisco

San Francisco, California – May 6, 2014 – CBRE is pleased to announce the sale of the Grant Building located at 1095 Market Street in downtown San Francisco. The property was sold for an undisclosed price in a transaction that closed last month.

1095 Market Street is an existing former office/retail building (currently vacant/unoccupied) with a prominent corner location in the heart of the city’s burgeoning Mid-Market ("MidMa") neighborhood, which has experienced unprecedented growth due to the influx of technology companies to the area such as Twitter, Yammer, Zendesk, Zoosk, Dolby, Square, Uber and Spotify. This influx has been followed by a surge of residential, office and retail development/redevelopment throughout MidMa.  

CBRE Hotels’ San Francisco team, Henry Bose and Mark McDermott, and CBRE's Investment Properties team, Dave Noravian and Don LeBuhn, arranged the sale of the asset on behalf of the seller.

CBRE Hotels is a specialized advisory group within CBRE providing brokerage, valuation and capital markets services to companies in the hotel sector. CBRE Hotels is comprised of over 150 dedicated hospitality professionals located in 37 offices across the globe. For more information, please visit our website at www.cbrehotels.com.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.