Halted San Francisco Tower Development to Sell for Record $1 Billion

San Francisco Tower Development

Lou Hirsh of CoStar writes “China-based developer Oceanwide Holdings Co. Ltd agreed to sell a partially built project in downtown San Francisco that would create the city’s second-tallest building to another developer from China for $1 Billion, a deal that would be the priciest in city history.

Oceanwide disclosed in a filing with the Shenzhen Stock Exchange in China that it agreed to sell Oceanwide Center project to SPF Capital International Ltd.”

 

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