There are some signs of improvement in San Francisco’s Union Square, which has seen a significant loss of retailers in the past four years.
The area is now seeing an uptick in new businesses moving in. Several big-name stores have just opened and more are expected by the end of the month.
If you are looking for a Rolex watch, you can now find it on Post Street in Union Square.
The new Rolex store opened last month.
Despite the many “for lease” signs in the Union Square area, Kazuko Morgan, executive vice chair for commercial real estate firm Cushman and Wakefield, says there’s a lot going on there right now.
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“There are several other tenants that have signed leases or are in lease negotiations in Union Square,” Morgan said.
Morgan helps find tenants for exclusive retail spaces in Union Square.
“Rolex opened a few weeks ago. Patek Phillip is opening this month. St. John’s relocated from the Four Seasons to Post Street,” Morgan said.