A San Francisco-based commercial real estate company with $19.6 billion in assets under management has acquired a mixed-use building located in The Gulch.

1222 Demonbreun Google Earth

According to a release, Shorenstein Investment Advisers paid an undisclosed sum for 1222 Demonbreun, a retail/office tower that is one of two high-rises comprising Gulch Union. This is the company’s ninth office building acquisition during the past 14 months.

The Davidson County Register of Deeds has yet to record the transaction and the Post was unable to determine a sales price.

The seller was a partnership affiliated with Austin-based Endeavor Real Estate Group, which developed the site with the tower. The company also developed an adjacent parcel with mixed-use high-rise, Pullman, a 31-story tower

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