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Sale of San Francisco's Oceanwide Center Hits Second Coronavirus-Related Delay

Oceanwide Holdings' $1.2 Billion Sale Agreement Changes Date
Oceanwide Center's March purchase agreement included a June 30 due diligence deadline, but that has now been pushed to later this year because of the pandemic. (CoStar)
Oceanwide Center's March purchase agreement included a June 30 due diligence deadline, but that has now been pushed to later this year because of the pandemic. (CoStar)
CoStar News
June 30, 2020 | 11:10 P.M.

The coronavirus pandemic has thrown another wrench into Oceanwide Holding's plan to sell off one of San Francisco's largest proposed developments, this time delaying a critical deadline for an impending $1.2 billion purchase to later this year.

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