Embrace Real Estate and 18-23 Partners acquire San Francisco's Ghirardelli Square complex
Updated
Updated · NBC Bay Area · Apr 24
Embrace Real Estate and 18-23 Partners acquire San Francisco's Ghirardelli Square complex
13 articles · Updated · NBC Bay Area · Apr 24
The 12-building Ghirardelli Square, attracting about 9 million visitors annually, was purchased for an undisclosed sum, with Embrace Real Estate pledging to maintain its status as a premier destination.
Tenants include the Ghirardelli Chocolate Shop, Palette Tea House, and San Francisco Brew Company. Embrace Real Estate and 18-23 Partners will oversee operations and leasing following the acquisition.
The sale marks a transition from previous owner Jamestown, who acquired the site in 2013, and expands Embrace Real Estate’s global investment platform launched last year.
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