The San Francisco call., 1909-10-09
LEASE FOR THEATER
MARKS A new ERA
Realty Brokers Believe Deal
Will Have Marked Effect on
Panhandle Values
Merchants Prepare to Celebrate
ReOpening of Stockton Street
at North Beach

The week has not been without hap
penings OF interest TO those who are in
terested in realty in San Francisco,
either as owners. brokers OF capitalists
who watch the growth of the city with
relation TO financial conditions.
One OF the significant events was the
negotiation Of q lease, representing the
sum Of s250. 900, for 226 feet in Haight
street By 1z0 feet in Cole street,
through the agency Of c. II. Umbsen &
Co, as the site of q class A thester.
The lease runs for 25 years. The the
ster structure will, so IL is reported,
have . frontage Of I20 feet and a
depth Of Zoe feet. The effect on realty
values and business in the neighbor
hood OF the panhandle. in the opinion
of the brokerage firm that handled the
deal. viii be marked
Theatrical enterprises sought centers
OF population when they were COM
PEELED 70 DO so. They have found profit
in their proximity 10 thousands Of
families who find it convenient to reach
a nearby thester.
The Western addition has e number
Of thesters. The Mission has it's thest-
ricsl attractions. The enterprise in
the amusement way is new 10 the pan
handle district, but there is a large
population that is not FAR removed
from the site selected. It would not be
surprising II the Richmond district
should be selected for theatrical field
in the future.
All large cities have thesters widely
dispersed in various districts. While
the experience OF san Francisco is new
in this direction, comparatively, this
city has through the force Of circum-
stances. followed the example OF other
leading communities. The lease in
Hsight street is the largest that hs S
feresting therefore on another ground
Ihsn the one mentioned
NEW ERA FOR NORTH BEACH
North beach is preparing to rejoice
= the new business era that would
seem TO be dawning for it, The repsv-
ing, reopening and rebuilding Of North
stockton street will be celebrated Oc-
tober is by the North Stockton street
merchants association. Bands have
been engaged 10 play on each block in
the territory. Contractors have given
zSSurd nee lHzL Ane street WOIk VIII De
completed by October Is. The North
stockton street merchants associs ton,
IN existence but three months, is doing
things with vigor. Joseph W. GlaEier
IS the president; L J. Hoffman. secre-
tsry; A. Esmfoi, treasurer.
The Haight street and Stockton street
sections are thus under the limelight
this week. In an article that has been
prepared by the Merchants association
The statement is made that the work on
The Besle street grade, opening UP sc-
cess for z new Industrial section 20
the docks on the south OF the city, can
be performed in 30 days after the
actual beginning OF the work.
BIG DEAL FOR BEALE STREET
II is reported that a big deal for
Besle street property has been made.
This involves the land that is owned
10y the Wall street company on the
northwest corner OF Bfsle and Bryant
streets. having 2 frontage Of 275 feet
in Besle street by 1876 feet in Bryant
street. This adJoins the land of the
Southern Pacific company on two
sides. The understanding is that the
purchaser is the Southern Pacific COM
pany. A central freight depot, so il
has been said by Southern Pacific Of
hciais, viii be constructed in this
neighborhOod.
CONTRACTS FOR HOSPITAL
The contracts that have been let
for the Childrens hospital involve
about 100000. Bliss e. Fsvills are
the architects. The contractor for the
excavation and foundation for the east
wing is the Hinchman-Clement COM
pany. The facade Of the hospital Will
be in California street There will be
court between the east and west
wings which viii extend beyond the
central building TO the street. Use
viii be made OF the old buildings of
the hospital in Sacramento street.
FIVE story class A structure will
be erected for the st. Francis hospital
company at the northeast corner OF
Bush and Hyde streets. The sum OF
100000 has been loaned TO the COM
psny by John r. Graves.
Through the agency of Harrigan,
Weidenmuller e. Rosenstirn lease for
$4,000 has been closed for the Bothin
company, situated in the north line OF
Howard street between First and Sec
ond. The premises are improved with
= two story and basement concrete
building. This is taken by the Mag
nesia Asbestos company for q term OF
10 years.
OLD HOTEL SITE SOLD
John Martin has bought from Mary
y. Callahan, through the agency OF
3. N. Gum, the southeast corner OF
Ellis and Mason streets. The corner
is 87.exle0 feet. The Langham hotel
formerly occupied the site. The price
was s275 900. OF this S2I5,Oo0 is re-
ported 10 have been in cash. The re-
mainder was paid by the transfer OF
the Martin residence in the north line
OF Washington street at Mason at an
agreed price Of $4,000.
William Cranston of the Cniversity !
realty company has sold a large piece
of business property in University ave-
nue., Paio Alto. The lot is 5ox200 and
is covered with improvements. which
are occupied by the Curry furniture
store. The seller was Harlie E. Irish
OF Santa Cruz.
SOME LEASES AND SALES
Through the agency Of A. J. Rich &
Co. lease has been effected for A
Aronson Of a store in a new building
in the south line of Ellis street be,
tween Powell and stockton, in
the rear OF the Baldwin annex prop
erty. 10 Plumel & Co. for a term oi
10 years. The total rental is 34s, goo
The sisters OF the Presentation order
have acquired two pieces OF land, one
in street and one in Forty fourth
avenue. The first has a frontage or z;
feet and z depth OF 500 feet. The Sec
ond is $50 feet in Forty fourth avenue
with a depth OF 2I0 feet. The prop.
erty was conveyed By Lena II. Laier.
The southwest corner of Third and