100 Grant is a prime retail property in San Francisco’s Union Square shopping district with a significant upper floor office component.
Patson bought the property in 2002 in an off market transaction and entered into a partnership with Security Capital, which morphed into GE Capital when Security Capital was acquired by GE Capital.
Patson negotiated an early termination of a lease covering the majority of the retail portion of the property and carried out a redevelopment of the property which included a major seismic upgrade. The retail space was subdivided and leased to a variety of upscale retail tenants including Ann Fontaine, Tumi, Montblanc, Longchamp., Stuart Weitzman, and Borelli. 100 Grant was sold in 2007 to a neighboring property owner.