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Key Real Estate Purchase: $13.8 Million Acquisition of 624 Laguna Street

  • When: 7/26/2024
  • Address: 624 Laguna Street, San Francisco, CA
  • City: San Francisco
  • State: California
  • Category: Infrastructure Development
  • Size: N/A

The City and County of San Francisco authorized the acquisition of the property at 624 Laguna Street from PACIFICA SFO LLC for $13,780,000 plus an estimated $20,000 for closing costs. This property acquisition is part of the city’s strategic plan to expand its infrastructure for public use, specifically targeting the development of facilities that align with city planning and public health goals.

Why it Matters

This acquisition is a critical step in enhancing the city's capacity to develop infrastructure that supports public services and community needs, reinforcing San Francisco's commitment to sustainable urban development.

Source

Applicant - City and County of San Francisco


Ownership - PACIFICA SFO LLC