Reports of an agreement by Charles Schwab Corp. to pay a record rate of $420 to $450 a square foot for an eight-story building at 215 Fremont St. in San Francisco are true, affirms Dan Cressman, managing director of the local Grubb & Ellis office.
"I've heard it from numerous sources," says the broker, whose office handled the previous local record sale of just over $400 a square foot for two buildings along the city's north waterfront. "It's not surprising. Relative to wha...
"I've heard it from numerous sources," says the broker, whose office handled the previous local record sale of just over $400 a square foot for two buildings along the city's north waterfront. "It's not surprising. Relative to wha...
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