A developer associated with private club and hotel operator Soho House has officially purchased a storied San Francisco building for a whopping $65 million.
SF Armory LLC, an entity affiliated with Chicago developer Benjamin Weprin, who previously developed Soho House’s Chicago facility, closed on the Mission’s former National Guard Armory, according to a deed filed with the city Jan. 26. Transfer taxes for the building were nearly $2 million.
The San Francisco Business Times originally reported in November that the upscale social club had been scouting for a place to land in San Francisco and was slated to take over the 200,000-square-foot building at 1800 Mission St., a site which has been used as an S&M porn studio and headquarters for the building’s owner, Kink.com — an arm of Armory LLC, which bought the building for $14.5 million in 2006.
However, in a statement after the article published, Soho House denied that it was attempting to move into the Armory building, and told multiple other news outlets that the story “was not true.”
“We love San Francisco, however, we don’t have a space confirmed as of now,” a Soho House spokesperson told SFGATE.