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San Francisco’s iconic Transamerica Pyramid has sold for $711 million, its first sale in history

san francisco north beach transamerica pyramid

  • San Francisco’s iconic Transamerica Pyramid has sold for $711 million to a New York developer.
  • It’s the first sale in the building’s history since its construction in 1969. The pyramid will retain its name.
  • The now-beloved Transamerica Pyramid was despised by many who opposed the addition of tall buildings to the cityscape back when it was constructed.
  • The backlash contributed to office construction being limited in San Francisco, a measure that remains in today’s crowded commercial and housing market.
  • Visit Business Insider’s homepage for more stories.

San Francisco’s iconic Transamerica Pyramid has sold for $711 million to a real-estate group led by New York read more >>>

Source : BusinessInsider.Com





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