Someone Finally Bought the Beleaguered Former Westfield Mall, at Just 10% of Its Previous Value

The article was originally published on https://sfist.com/2025/11/12/someone-finally-bought-the-beleaguered-former-westfield-mall-at-just-10-of-its-previous-value/A conglomerate of big-name banks just finally bought the San Francisco Centre mall for a fraction of its previous value, though this tells us nothing about what will happen to the mall, as those banks are just going to sell the place again. It’s been a sick and twisted running joke in the SF commercial real estate industry how many times the foreclosure auction of the hollowed-out former Westfield Mall (now called San Francisco Centre) has been delayed. That auction has been delayed not once, not twice, not three times, but nine times. This is likely because the value of the building kept changing as tenants continued fleeing thr