Hammett: Only $227 mil

Brian Wallace just popped me the news that Sam Spade’s office building in 111 Sutter has sold for a mere 227 million bucks.

Makes the sale of Sam Spade’s big cushy armchair for $90,000ish seem like chump change.

In addition to the nuts & bolts financial screed, Brian sent a clip from this 2005 reportage: “When San Francisco’s 111 Sutter St. opened in 1927, it was the city’s fourth-tallest building.

“The 22-story building at 111 Sutter St. in San Francisco — best known as the assumed location of the fictional office of “Maltese Falcon” detective Sam Spade — falls into this category.

“Almost a century later, the 308-foot tower has been surpassed in height by dozens of high-rises that peer down on its 22 stories. But its value has continued to swell alongside much of the city’s office market.”

Best known as Spade’s office building — I should hope so!

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