A Mysterious Fillmore District Real Estate Buyer Appears to Be Forcing Restaurants and Shops Out | Eater SF

"At La Mediterranee, owner Der Bedrossian says the building's new landlord told them that when their lease expires the landlord will perform seismic retrofitting and then seek high-end retail tenants — a plan he called “disappointing.” The restaurant is one of several long-running Fillmore Street businesses caught up in a series of six building purchases between Pine and Clay streets (deals reported to total upwards of $40 million) made through connected LLCs; small business owners say negotiations over leases or buyouts with the new landlord have largely gone nowhere, raising fears the corridor could be reshaped for higher-end retail." - Dianne de Guzman