2013-03-15
Equity Office is celebrating the 10-year anniversary of the San Francisco Ferry Building's rebirth as a bustling gourmet public marketplace.
While the project has been a wild success by almost any measure, it has not been a money-maker for the landlord, according to participation rent statements that are submitted each quarter to the Port of San Francisco.
Equity Office lost $1.2 million on the project in 2012. The landlord, which has a 66-year ground lease with the Port of San Francisco, collected…