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USF buys historic Folger Coffee building

Wednesday, August 3, 2011

imageUniversity of San Francisco has agreed to buy the historic Folger Coffee Building at 101 Howard Street downtown and plans to move some academic as well as administrative and non-academic units there. A university press release says no decisions yet on which ones. Although USF doesn’t say how much it paid for the 1905 building, Curbed SF says it was $36.5 million.

Add: Among the tenants there now, the San Francisco campus of the University of Pennsylvania’s Wharton School will likely move elsewhere once its lease is up, Curbed says.

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