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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.
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