San Francisco's Metreon Mall Hits the Market Amid Strong Occupancy

Despite high occupancy rates, the iconic Metreon mall in downtown San Francisco is up for sale, presenting a rare opportunity in the city's commercial real estate landscape.

• The Metreon mall, a key downtown San Francisco shopping center, is now for sale, with a notable 92% occupancy rate.
• Owned by Starwood Capital Group since 2012, the Metreon includes major tenants like Target and AMC, which contribute significantly to its income.
• The mall's sale contrasts with the struggles of other downtown properties, like the former Westfield Mall, which faced high vacancies and financial difficulties.
• Originally developed by Sony in 1999, the Metreon has evolved from an entertainment hub to a more traditional retail center.
• JLL, the real estate firm marketing the property, highlights the Metreon's potential for value addition and its strategic location in the heart of San Francisco.

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