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