Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ex-Texan
It was only last year that the Bank of America Center, long the dominant building in San Francisco's financial district, was sold to a group of New York investors for an impressive $825 million.

Now the 52-story reddish-brown granite tower is said to be going on the market again. This time, the sellers are hoping that the price will reach as high as $1.25 billion.

The B of A building (which I am looking at right now out my office window) hasn't been full since B of A was bought and Robertson Stephens ceased to exist...not sure why the 50% price premium in one year other than mad speculation.

20 posted on 07/20/2005 10:42:51 AM PDT by Mr. Jeeves ("Some people are like gravy, spilled on God's Sunday shirt..." -- Spock's Beard)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Mr. Jeeves

Many years ago I worked in B of A's downtown tower. Small world, "nicht wahr?"


22 posted on 07/20/2005 6:26:34 PM PDT by ex-Texan (Mathew 7:1 through 6)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson