California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Donahue Schriber Picks Up San Francisco Shopping Center
Diamond Heights Shopping Center, a 75,630-square-foot grocery- and drug-anchored center in San Francisco, traded hands for a reported $48 million. Located at 5214-5290 Diamond Heights Blvd., the property was acquired by Costa Mesa, CA-based Donahue Schriber Realty Group, which marks its entry into the San Francisco market.
The property serves the highly-desirable neighborhoods of Diamond Heights, Noe Valley and Glen Park, and is anchored by one of the highest-performing Safeway stores in the chain, which has been in operation for more than 50 years at this site.
NKF’s Nicholas Bicardo, Brandon Rogoff and Bryce Holman represented the unnamed private seller.
Bicardo says, “This transaction marks the first time in nearly 40 years that the Diamond Heights Shopping Center has been available to the investment market. The asset’s location, size and rich operational history “checks every box” for both institutional and private investors.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




