The San Francisco call., 1909-03-27
DOWNTOWN VALUES
CONTINUE TO RISE
important Sale in Stockton
Street Shows Increase in
That Locality

An important sale was consummated
this week by speck, Paschel & Co.
who. after several months in negotia
tions. finally closed the deal whereby
the Antlers realty company purchased
from the Starr estate company the lot,
27:6 by 1875, in the east line of Stock
ton street, 10 feet south of OFarreH
for sl25 000 a little IN excess OF S4.50C
a front foot.
This sale again attracts attention To
the importance recently assumed BY
Stockton street as a center OF retail
trade, and John II. Speck, in speaking
Of the transaction, said that the prlc
could not be considered excessive. but
on the contrary. appeared TO be rea-
sonable.
CONTINUING. he said: The property is
located within half block Of Markei
street near the entrance TO this i'm
portant artery of trade along winch are
located several of the most important
retail houses in the city, while Others
are waiting only for the completion
Of the buildings now in course of con
struction to become part Of the colony
1t is on the opposite side of the stree
from RoOs Brothers. and on the three
adjacent corners Of Stockton and O'Far
ren streets Will be the following
firms: Newman & Levinson and D. \
& Z. Walter while Samuels is alread.
on the northwest corner
Within one block above. at the south
west corner of stockton and Gear
streets, is Nathan. Dohrmann & Co.
and at the southeast corner the Spring
Valley water company building is be-
ing reconstructed for the City of Paris
dry goods company
STOCKTON STREETS GROWTH
The history of Stockton street is not
without interest. Since the fire it has
become popular and now ranks among
the best retail trade streets in San
Francisco.
This is not the first purchase made by
the Antlers realty company, which is
composed Of prominent capitalists from
Seattle and Spokane, as it purchased
few weeks ago. through the agency
OF Speck q Co. from Charles Schles-
singer. for $4,000, a lot 25x37:6, with a
one story brick building, in the south
line Of O'Farren street, 62:6 east of
Powell, in the same block in which is
. located the property now purchased by
them
The seller in this transaction, repre-
sented by Starr Brothers. acquired q
large holding at the southwest corner OF
Stockton and OFarrell streets shortly
before the fire, at which time it pur-
chased for $225,000 the lot on the
corner, fronting 27:6 feet on Stockton
street and 1876 on O'Farrell street, and
for s135.0O0 the lot 1886 by s2:6 on the
west line Of Stockton street, So feet
south OF O'Farrell and also for $780, 00G
the L shaped lot in the west line OF
Stockton street, 1926 south of O'Farrell
street, fronting 55 feet in Stockton
street, with a like frontage in O'Farrell
street, making the total investment OF
the company at this prominent corner
-F-F -. = Ill
so vara, with the exception of one lot,
27-e by S2:6, IN the west line OF Stock
ton street, 27:6 south of OFarrel.
SALES SINCE FIRE
Two important corners in Stockton
street have been sold since the fire
the southeast corner of Stockton and
Geary streets, 1876 by 1875, with the
] Spring Valley building. by the Spring
Valley water company to John H
! Spring ct al, in August, 1906, fol
/ S475.00o, and the southeast corner OF
I Stockton and Post streets, 2e:5 by 20
unimproved, in October, 1908, by the
! estate of William II. Deming to Charlie.
+ G. Lathrop, for $4,000.
This corner was sold by DR.. George
I x. Frink to William H Deming ir
March, 1905, through Speck & Co
when improved with a five story and
! basement brick building for SI44, 500
I several SdlSs nave D6Sn IQdQt
IN O'Farrell street in this immediate
vicinity since the fire The northwes
corner of O'Farrell street and Gram
avenue, having a frontage of 1875 II
Grant avenue by 81 feet in O'Farrel
street to Bagley place, was sold il
March, 1907. by William G. Irwin et al
to the San Francisco savings union fol
! $3.50, 1000.
The adjacent property at the north
west corner of O'Farrell street anC
Bagley place, 1875 by 95, with Il" % b,
1926. was recently sold by Emma L
Goeggel ct al. to Kohler & Chase fol
1852. 900.
The Fischer theater site. 55 by 1875
IN the north line of O'Farrell, 1926 cas-
of Powell. was sold a few months ag'
by Josephine E. and Emily NJ. Chabo
TO Henry Martin of San Jose 70
$4,000.
A short time before the FIRE $500, ,ool
was paid for the Orpheum theater site
1876 by 1926, in the south line o
O'FarTeu street, 1875 west of Stock
ton, street, and among other sales II
this block may be mentioned the pur
chase by Charles Schlessinger. in 1905
for $4,000 of the property with OLE
/ improvements now sold by him to tn
Antlers realty company for SIS, 900.
-e
/ NEGOTIATE LEASES
IN NEW RIIH .nINGS