REALM, in partnership with Cannae Partners, announced the acquisition of 340 Bryant Street, a 66,000-square-foot office property in San Francisco’s dynamic South Beach submarket. The recently renovated property was purchased for approximately $10 million and offers immediate mark-to-market potential. Fully vacant, the building supports a range of occupancy strategies, including full-building use by technology, artificial intelligence (AI) and research-and-development (R&D)-oriented tenants.
Originally constructed in 1932, the property was previously occupied by WeWork and was renovated in 2015 with approximately $14.7 million of capital improvements. The building features modern systems, exposed ceilings, creative finishes, a rooftop deck with panoramic water views, showers, locker rooms and flexible Mixed Use Office (MUO) zoning supporting office and R&D uses. The four-story property offers efficient floor plates ideal for AI, life science and creative tenants s