After shutting down for good, NBC Bay Area learned Wednesday the San Francisco Centre shopping mall is getting a new owner.
Local developer Presidio Bay formed a local joint venture with the Prado Group and won the bid to buy the property on Market Street.
The mall was once the city’s larges
t mall until lenders forced it to shutter in November.
The developers still need to close on a deal, and the sale price has not been revealed.
The new owners plan to turn parts of the mall into office space while keeping some retail. ...read more read less