San Francisco, CA – Ellis Partners LLC and CVS today announced plans to open a new CVS/pharmacy in January 2011 in downtown San Francisco’s historic Bancroft Building. This will be the first CVS/pharmacy to open in San Francisco since CVS acquired all Longs Drugs stores in 2009.
CVS/pharmacy’s Downtown San Francisco location will offer a full service pharmacy, a complete selection of health and beauty products, general merchandise, digital photo processing, and convenient self-service checkout. Centrally located on Market Street adjacent to the Yerba Buena Center for the Arts, Moscone Center, Four Seasons Hotel, Ritz-Carlton Club Residence & St. Regis Hotel, the new location is at the heart of downtown revitalization and development in San Francisco.
“We’re very fortunate to welcome such a highly-regarded tenant to our property,” said Kathy Wells, Senior Vice President at Ellis Partners LLC. “We’re pleased that CVS/pharmacy chose The Bancroft Building as their first new store on Market Street.”
“The Bancroft Building is a wonderful location and we look forward to providing the downtown San Francisco community with convenient and high-qualtiy pharmacy services when our new store opens in January,” said Rick Ford, Area Vice President, CVS/pharmacy.
The 12,067 square-foot space is located in the ground floor of the Bancroft Building at 731 Market Street in San Francisco. Constructed in 1908, the historic Bancroft Building is a 93,100 square-foot, six story retail and office building. Ellis Partners LLC and CVS/pharmacy have signed a long term lease and plan to open the new store location in January, 2011.
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CVS/pharmacy, the retail division of CVS Caremark Corporation, is America’s largest retail pharmacy with more than 7,000 CVS/pharmacy and Longs Drugs stores. CVS/pharmacy is committed to improving the lives of those they serve by making innovative and high-quality health and pharmacy services safe, affordable and easy to access, both in its stores and online at CVS.com. General information about CVS/Pharmacy and CVS Caremark is available at http://www.cvscaremark.com/.