Press ReleaseSource: McGuire Real Estate

Sales and Occupancy Advance at Homes on Esprit Park -- Former Esprit de Corp. Headquarters in San Francisco Dogpatch
Wednesday October 8, 2008 12:30 pm ET

SAN FRANCISCO, CA--(MARKET WIRE)--Oct 8, 2008 -- McGuire Real Estate, a leading San Francisco real estate company and marketing partner for Build Inc. and its Homes on Esprit Park development, announced today that occupancy of the first homes begin this month in the South Court buildings. Located at 888 Minnesota in San Francisco's Dogpatch neighborhood, the South Court is over 60 percent sold overall with 85 percent of its one-bedroom residences sold. North Court residences are now being released for sale as well.

With a price range from the low $600,000s to $1,495,000, residences across a broad spectrum of price points are in contract with a 3 percent nonrefundable deposit.

"Seventy percent of the historic Indiana Street facing homes with patios are sold," says Rob Levy, McGuire Partner(TM). "That's telling us that owners at Homes on Esprit Park want unique and livable homes with outdoor space and are very comfortable with the quality of the neighborhood in Dogpatch. They're especially comfortable with street level homes with a connected feeling to the neighborhood.

"We're also seeing a great diversity of homeowners and range of sales prices, with sales in the last couple months ranging from $610,000 to our most recent penthouse sale around $1.4 million," Levy added.

Features and amenities at Homes on Esprit Park include private and public outdoor spaces with sizable patios, balconies and decks on the majority of units and common courtyards accented by water, plantings, landscape and seating areas. Each home has one assigned parking space and a full size storage locker. The complex includes a theater room with audio-visual equipment, a fitness center with cardiovascular and muscular conditioning equipment, and secure electronic key-card access to the project.

Homes on Esprit Park is located on the site of the former Esprit de Corp. headquarters and bordering 1.8-acre Esprit Park. The unique development comprises 142 homes in the Dogpatch at the edge of Potrero Hill. The sales office is located at 888 Minnesota Street and is open Tuesday through Friday from 11 a.m. to 6 p.m.; Saturday, 12 to 4 p.m. and Sunday, 12 to 5 p.m. For more information: call 415-920-1929 or visit www.espritpark.com.


Contact:
     Contact:
     Carol Crawford
     Crawford Communications
     415-239-1550
     Email Contact
      

Source: McGuire Real Estate


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