Apollo Real Estate Advisors’ Value Enhancement Fund VI L.P. this week announced it paid an undisclosed price to acquire 444 De Haro in San Francisco’s Showplace Square/Potrero Hill neighborhood.
Apollo purchased the 140,178-square-foot, two-story office building from a joint venture of Divco West Properties and Flynn Properties. It is the company’s 15th acquisition nationwide.
444 De Haro, which spans an entire city block, was 68 percent leased at the time of purchase. It is located across from an upscale, 165-unit residential condominium and a retail project under development, including a 40,500-square-foot Whole Foods.