There may be no hotter submarket in California than SoMa, and it's rare that properties come available. But we just caught whiff of one that just hit the market: 1061-1065 Folsom. The asking price for the 10k SF property is $7.2M, or $700/SF. The second floor is fully leased through March 2019, while the ground floor is being delivered vacant and ripe for a redo. CM Commercial is marketing it and principal Matt Currie tells us interest has been strong, as expected.
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