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