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California  + Bay Area  + Retail  | 

Bvlgari Joins Mix of Luxury Retailers in San Francisco’s Union Square

Grosvenor secured a new long-term lease with luxury Italian jewelry and accessory designer Bvlgari at 200 Grant Ave. in San Francisco. Bvlgari has leased 9,000 square feet across multiple levels at the downtown property in San Francisco’s Union Square neighborhood. The landlord is currently reconfiguring the retail portion of the building to accommodate the unique needs of Bvlgari as part of the lease agreement.

“Known for its premier location and high visibility, our property is a natural choice for global brands seeking to capitalize on the enduring vibrancy of the Union Square neighborhood,” said Nathan Lundell, VP, asset management at Grosvenor in San Francisco. “Bvlgari adds to the mix of luxury retailers nearby, joining esteemed brands such as Cartier, Harry Winston, Fendi and Dior, solidifying the area’s status as a top destination for visitors.”

Laura Barr, Alex Sagues and Madeline Mandanis with CBRE represented Grosvenor. The Bvlgari transaction comes on the heels of another new retail lease for Grosvenor’s Union Square property portfolio. St. John Knits recently signed a 1,500-square-foot lease at 245 Post St. and has targeted an early fall 2024 opening.

On May 1, catch the Industry Leaders C-Suite panel at Connect Los Angeles 2024 when Bob Hart, President & CEO of TruAmerica; Kyle Matthews, Founder, Chairman & CEO of Matthews REIS; Bill Frame, CEO and Chairman of the Board of Kidder Mathews; Anthony Graziano, Chairman and CEO of IRR; and moderator, Lew Horne of CBRE take the stage. Register now to hear live from these industry leaders. 

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Grosvenor's Lundell

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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