A buyer has been selected for the majority of the shuttered San Francisco Centre, downtown’s vacant shopping mall, with closing expected in the first quarter of 2027, according to a Fitch Ratings report this week. The report did not identify the potential buyer, and the credit-rating agency did not respond to a request for comment Thursday.
Two sources with insight into the process confirmed to the Chronicle that New York-based investor Seven Equity Group was picked as the buyer for the largest chunk of the dead mall at Fifth and Market streets. The investment firm declined to comment.
Brokerage CBRE, which is handling the sale of the larger mall property, also declined to comment…