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San Francisco's 45 Fremont Tower Changes Hands in Lender-Facilitated Short Sale

45 Fremont Street San Francisco · 3 weeks · by NewsMap

After nearly 50 years under local ownership, the iconic 45 Fremont tower in San Francisco's Financial District has been sold to New York-based Madison Capital following a lender-facilitated short sale. The transfer highlights the ongoing financial reshuffling of downtown properties, with Madison planning an extensive overhaul to attract new tenants amid a soft market. The building, once home to major companies like Slack and Wells Fargo, currently faces significant vacancy challenges and financial pressures stemming from previous leasing agreements.