San Francisco’s Metreon is for sale: reports

SAN FRANCISCO – San Francisco’s Metreon, fronted by Target and AMC movie theaters, is reportedly up for sale.

According to the Chronicle, the 312,592-square-foot complex is more than 90% leased. Jones Lang LaSalle (JLL) is the commercial real estate firm that listed the property. Their listing states that the building represents a “generational opportunity” to own an “iconic urban retail asset.”

The San Francisco Business Times first reported that the complex was for sale.

The building at 4th and Mission next to Yerba Buena Gardens opened in 1999 and was last sold in 2012, according to the newspaper.

Metreon includes City View at Metreon, a 31,000 square foot event space with a large terrace. The space has hosted the San Francisco Zine Fest in recent years.

Target and AMC reportedly contribute 61% of Metreon’s total income.