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San Francisco office heads to auction in sign of lingering post-pandemic distress

DWS Group-owned Mid-Market building due to be sold after nearly 80% valuation drop
Global asset manager DWS Group acquired the building at 1019 Market St. for more than $48 million more than a decade ago. (CoStar)
Global asset manager DWS Group acquired the building at 1019 Market St. for more than $48 million more than a decade ago. (CoStar)

A San Francisco office building that used to house a tech company's global headquarters is heading to the auction block, underscoring the city's residual challenges in regaining its pre-pandemic footing.

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News | San Francisco office heads to auction in sign of lingering post-pandemic distress