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Real Estate/Development

Oct. 8, 2011

Tech companies drive boom in SF neighborhood

Even though most of California remains stuck in the commercial real estate doldrums, San Francisco's South of Market district has found itself in the midst of one of the state's biggest acquisition and leasing booms.


By Jason W. Armstrong


Daily Journal Staff Writer


In a deal that grabbed the attention of many in California's real estate circles last year, Kilroy Realty Corp. snapped up the largest office complex in San Francisco's prime South of Market district, 303 Second St., for $237 million.


Legal observers said the sale of the 731,000-square-foot development, which encompasses an entire block, has helped push forward a flurry of other big tra...

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