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Latest $1.2 Billion Deal to Sell San Francisco's Oceanwide Center Crumbles

Series of Coronavirus-Related Delays Push Another Buyer To Walk Away From Record-Breaking Sale
Oceanwide Center's March 2020 purchase agreement initially included a June 30 due diligence deadline, but after pushing it once due to the pandemic, the buyer declined to extend it into the new year. (CoStar)
Oceanwide Center's March 2020 purchase agreement initially included a June 30 due diligence deadline, but after pushing it once due to the pandemic, the buyer declined to extend it into the new year. (CoStar)
CoStar News
January 6, 2021 | 10:49 P.M.

The owner behind one of San Francisco's largest proposed developments has struck out for the second time in less than a year to land a buyer for the long-awaited downtown project.

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News | Latest $1.2 Billion Deal to Sell San Francisco's Oceanwide Center Crumbles