GRUBB & ELLIS HANDLES MORE THAN 54,000-SQUARE-FOOT OFFICE PURCHASE

SAN FRANCISCO — Grubb & Ellis has represented Sierra Maestra Properties in its acquisition of 54,225 square feet of office space at 153 Kearny Street in downtown San Francisco. The purchase price for the five floors of space plus a mezzanine floor was not disclosed. Grubb & Ellis’ Daniel Cressman, Michael Taquino and Kyle Kovac represented the San Francisco-based buyer in the transaction; Amalgamated Bank of New York was the seller.