De Haro Place in San Francisco Sells for $92.7M

by Nellie Day

SAN FRANCISCO — ASB Capital Management has acquired De Haro Place, a 138,430-square-foot creative office building in San Francisco, for $92.7 million. The building is located at 488 De Haro Street in the South of Market (SoMa) neighborhood.

De Haro Place was originally built in 1927. The Class A building was completely transformed and renovated in 2013 to create a work environment that targeted technology and creative users.

The seller, Ares Management, was represented by DTZ’s Robert Gilley and Steve Hermann.

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