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Pacific Stock Exchange Building in S.F. Sold

December 03, 1988|United Press International

SAN FRANCISCO — The Pacific Stock Exchange building, a 74-year-old art deco landmark in the heart of San Francisco's financial district, has been sold for $2 million to an investment group.

The Empire Group, a San Francisco-based real estate firm, and two local investors, John Wright and William Dixon, said they had bought the building from the San Francisco Stock & Bond Exchange.

The historic 20,000-square-foot building houses the Pacific Stock Exchange, the largest regional stock exchange west of Chicago. The PSE, which also maintains a trading floor in Los Angeles, will continue to operate at the site under a long-term lease, said PSE spokesman Don Alexander.

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