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

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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.

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US Government to Sell Up to $750M in Excess Property for Commercial Redevelopment

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Bruce Byers of CoStar writes “The public Buildings Reform Board, a federal advisory committee established by the Federal Assets Sale and Transfer Act of 2016, has recommended that the General Services Administration put 12 properties worth about $750 million on the market.

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