NAREIG International Realty and Beckett Capital Advise Local Buyer on Acquisition of Parking Structure in San Francisco’s North Beach District
San Francisco, May 30, 2017 - NAREIG International Realty and Beckett Capital announce today that they have advised a Silicon Valley investor on the acquisition of 425 Broadway, a two level parking structure situated on a 14,226 sf parcel located in San Francisco’s North Beach.
The buyer was represented by Mike Pan of NAREIG and David Noravian of Beckette Capital. The seller, a local family, was represented by Seth McKinnon of CBRE.
Prior to this transaction, the property had been owned by the family for more than six decades. The purchase price was $11,000,000.
About NAREIG International Realty
NAREIG International Realty is U.S. NO.1 full-service real estate brokerage representing Chinese clients in a broad spectrum of real estate services, including residential, commercial, land development, and related concierge services.