Wednesday, January 25, 2017

Blatteis & Schnur, Morgan Stanley Acquire Macy’s Men’s Store in San Francisco for $250 Million

The 250,000-square-foot Macy’s Men’s Store located on Union Square in San Francisco will be redeveloped into a mixed-use center. (Image courtesy of Wikimedia Commons)A partnership between Blatteis & Schnur and Morgan Stanley Real Estate Investing has acquired the 250,000-square-foot Macy’s Men’s Store located on Union Square in San Francisco for $250 million.


The eight-story property, located at 120 Stockton Street, will be redeveloped into a mixed-use, retail-driven center. Anticipated uses for the development include flagship retail, art galleries, artisanal food and upscale restaurants and creative office space.. . . more

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