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Seeking Clarity- Glen Esnard's avatar

No question. San Francisco mall on market Street (Nordstrom’s, etc) just went to the bank along w 2 iconic hotels a couple of blocks away. 350 California St office bldg valued at $300mm four years ago selling for $60mm. Perfect storm for urban markets...50% physical occupancy, no demand for restaurants or retail, tourism collapsing and interest rates grossly recalibrated.

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