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In the largest post-pandemic deal in San Francisco, a joint venture between DivcoWest and Blackstone Real Estate has paid $111 million for 199 Fremont Street, a 25-story office building, according to The Real Deal.

The new ownership will rebrand the 420,000-square-foot high-rise as 300 Howard Street. The property is currently vacant. Plans call for multiple capital improvements, including amenity upgrades, such as a wellness and fitness center and a conference facility.