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Two San Francisco Hotels Sell for $8M

Petite Swan LLC Purchased 850-856 Bush Street
By Adam Jarrett
January 21, 2003 | 3:33 P.M.

Petite Swan LLC purchased two hotels and a retail building totaling approximately 33,936 square feet at 850-856 Bush St. in San Francisco, CA. Total consideration for the deal was a confirmed $8.18 million, or about $241.04 per square foot. The sale includes the 4-story White Swan Inn, the 4-story Petite Auberge and a single-story retail building occupied by Costa del Sol Tanning Salon. The hotels feature 26 rooms each. Richard Ehmer of Marcus & Millichap in San Francisco represented both the buyer and the seller, Petite Auberge LP. Please reference COMPS #SFC-03022-01-0320 for more information.

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