John Fong

Money Moves

Leading the acquisition and renovation of 417 Montgomery St.

A 1936 office building at 417 Montgomery St. sold for about $25 million at the end of August, 17% below its 2006 price and less than half its $54 million assessed value. The buyers, Kenson Ventures and Wheatley Properties, began renovating the mostly vacant building the day after closing and hope to fill it with tech, architecture and AI tenants within a year.

Updated 6 days ago