"An affiliate of New York investor Blackstone sold the 82,862-square-foot office building at 650 7th St. in San Francisco’s Showplace Square neighborhood to Southern California investor LBA Realty for $25.35 million, or roughly $305 per square feet, in a deal that closed September 28. Blackstone purchased the property nearly seven years ago for $50.47 million, or approximately $609 per square feet — about double what it is now letting the building go for. "

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[–] sw33tn0th1ng@lemmy.whynotdrs.org -3 points 1 year ago

This may be bout sf's charming tent cities which crowd the sidewalks, full of dangerous fentanyl addicts, who shit in the streets, more than anything else.