Burning Man Headquarters Building in San Fran just sold at 90% discount from 2016
The 955 Market Street building that was once home to Burning Man headquarters, and then a whole bunch of WeWork offices, is now empty and just sold for a measly 10% of the price it fetched in 2016.
Let’s look back to the days of 2016, when the 16-story office building at 995 Market Street was on the market for sale, drawing the San Francisco Business Times headline “WeWork’s Mid-Market landlords prepare to cash in.” The Burning Man office headquarters called Black Rock LLC had once been a tenant, as was the Eviction Defense Collaborative, but WeWork had pretty much taken over the whole building. And the place ended up selling for $62 million in 2016, with marketing materials from 2015 (seen below) calling it “San Francisco's most sought after and dynamic submarket.”
-
0:24
theameergroup
9 months agoFor Sale In San Jose, CA
9 -
2:03
KJRH
5 years agoOwners put old fire station up for sale
1 -
0:29
theameergroup
8 months agoSold in San Jose, CA
3 -
0:47
americanagentagency
1 year ago$750,000 Profit On This San Francisco Home!
2 -
1:59
Corey Chambers
3 years agoAlta Loft Los Angeles For Sale
26 -
0:55
The Last Capitalist in Chicago
1 year agoGlut of Office Space in San Francisco
4 -
8:59
San Diego Real Estate with Lyle and Lynnor Anderson
1 year agoMulti Units For Sale In San Diego- Part 1
1 -
2:21
NTD
2 years ago $0.02 earnedSan Francisco Stores Board Up Windows, Police Present
31811 -
0:34
zinetadata
8 years agoFireman struggle to put out burning building
419 -
33:07
Real Estate Realities With The RebelBroker!
1 year agoWhere San Francisco sellers are moving in 2022
5