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San Francisco Tech Manufacturing Company's Headquarters Sold in $22.2 Million Deal

BUILD, Edge Principal Advisors Land Buyer for Mission District Research & Development Asset
Investment firm Ridge Capital Investors and Contrarian Capital Management acquired the fully occupied research and development building at 2741 16th St. as part of a $22.2 million sale. (CoStar)
Investment firm Ridge Capital Investors and Contrarian Capital Management acquired the fully occupied research and development building at 2741 16th St. as part of a $22.2 million sale. (CoStar)
CoStar News
December 3, 2020 | 1:28 AM

A tech company headquarters sale is the latest sign that investors are willing to pay a premium for fully occupied buildings anchored by a prime tenant, even as San Francisco's commercial real estate market has been on shaky ground since the pandemic's outbreak.

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