944 Market Street
In June 2016 Synapse and AQARAT acquired 944 Market Street, a 109 year old historic building located on the corner of Market and Mason Street in the Mid-Market neighborhood of San Francisco. The acquisition was driven by Synapse’s continued focus on the Mid-Market corridor of San Francisco, with a business plan to make strategic capital improvements to the building in order to increase the office rents, and re-position the ground floor retail to its highest and best use. Similar to Synapse’s 1095 Market Street project, 944 is located on the eastern edge of the Market Street Theatre and Loft District. The building was constructed in 1907, and is well positioned to benefit from the completion of several new construction projects in the immediate vicinity.