Market Street billboard promoter files for Chapter 11 bankruptcy

The much-hyped revival of Mid-Market didn’t come fast enough for David Addington and his company Fair Market Properties. J.K. Dineen reports in the San Francisco Business Times that Fair Market Properties, which bought 1028-1056 Market Street in 2004 for $6.4 million, filed for Chapter 11 bankruptcy protection on Jan. 18, according to public documents. Addington owes about $4 million to East West Bank.

Jim Meko, chair
SoMa Leadership Council 

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1 Comment

Filed under entertainment, politics

One response to “Market Street billboard promoter files for Chapter 11 bankruptcy

  1. Mike Zonta

    Hope David puills through. He has been a strong supporter of mid-Market Street.

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