92-year-old SF tower sold for $227 million

When San Francisco’s 111 Sutter St. opened in 1927, it was the city’s fourth-tallest building.

Almost a century later, the 308-foot tower has been surpassed in height by dozens of high-rises that peer down on its 22 stories. But its value has continued to swell alongside much of the city’s office market.

For the full story, go to San Francisco Chronicle.

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