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Real Estate Rumors: PacBell Building, World Wide, US Bank

By Andrew McIntyre (January 27, 2016, 11:55 AM EST) -- The iconic former PacBell Building in San Francisco is up for sale and could fetch as much as $1,000 a square foot — or $295 million — according to a report on Tuesday from the San Francisco Registry. Wilson Meany and Stockbridge Capital Group bought the Art Deco office building at 140 New Montgomery in 2007 from AT&T Inc. and planned to convert it to condos, but shelved that plan when the economy tanked, and the building has been empty for nearly six years, according to the report....

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