The San Francisco call., 1909-10-02
IMPORTANT LEASES
ARE NEGOTIATED
Long Terms Indicate Confidence
in the Future Business
of the City

Leases OF Importance have been
leading feature in the local real estate
market in the last week. These leases
have TO run number OF years, which
indicates confidence in the future bus
ness Of the city. One of the leading
lea ses, to which allusion has been made
heretofore. is that of the hotel build
ing west Of Powell street on the north
line OF Ellis, five story and base.
ment structure. The deal was put
through by Thomas Magee & Sons.
The Robert p. Keating estate is the
owner the term is for 10 years
Pratt & Becker have leased from
Fitel Philips the southwest corner of
Ellis and Mason streets on private
terms. The deal undoubtedly represents
a large sum. The lot has a frontage
Of 1876 feet in Ellis street and 27:6
feet in Mason street. In addition there
IS an L in the rear. the dimensions of
which are 5Ox55 feet.
John Rosenfelds Sons have leased
Tor term of years at the rate of
$1,000 a month five story brick hotel
building with stores on the ground
floor, situated at the northeast coTlier
OF Third and Hunt streets. The ground
area includes 30 feet frontage in Third
street. 1eo feet in Hunt street and IN
L OF 60X7O feet, which extends back 10
Sherwood street. The structure is
nearly completed.
A J. Rich & Co. have leased a store
IN the Delger building at the southwest
corner OF Market and Sixth streets 70
J. Niolich for five years at total
rental Of $4,000
Through the agencies OF Joseph
Rucker CO and Cranston * Co. i
one story warehouse structure IN the
west line Of Spear street between How
ard and Folsom has been leased tC p.
Marsicano for five years at monthly
rental Of sl05- The owner of the prop
erty is Mrs. Henrietta Knight % Oak
land. The property has . frontage Of
S5:lO feet and a depth of 1875 feet
Shainwsld. Buckbee & Co. report the
completion Of the hotel building on
the northwest corner Of Third and
Tehama streets. This building has
been leased by them for the owners,
Mrs Irene Bull and Mrs Esther Miles,
&c Rolkin & Sharp. the well kn7wn
hotelmen. The lease is for 10 years
at a total rental of about s125,0e0.
The premises consist OF a three story
hotel containing about 200 rooms, to-
gefher with 4 large lobby, reading
rooms and stores in Third street
which has been entirely completed and
opened and is to be known as the
Cotton house.
Shainwald. Buckbee & Co have also
leased for the Oceanic Improvement
company TO Sophie Olsen the two upper
floors Of the building at the northeast
corner Of Sutter and Polk streets.
These upper floors consist of 20 rooms,
which had been formerly used for
Office purposes and are being converted
into 2 rooming house and which has
been leased for a period of five years
at a total rental Of about $4,000.
The same firm has leased for Simon
and Philip Anspacher the two upper
floors Of the building on the' southeast
corner of Van Ness and Willow ave-
nues. known as the Hotel Nevada. to
Charles Pratt. These premises have
been leased for several years on pri-
vate terms.
The same firm has leased for George
/. Bishop the two upper floors Of his
building in Sutter street between
Kesrny and Montgomery to the MID
day Rest Room for business women
for term of years on private terms.
Also for Emma 3. Dunham the store
and basement at 579 California street
between Kearny and Montgomery 10
Robert Zenker for period of years
on private terms. For the Schmiedeil
estate to George 7. Cavalli store in
the Schmiedell building on the narth-
east corner OF Montgomery ana Clay
streets for a period of years on pri-