08/31/2010 08:38 am ET Updated May 25, 2011

Borders Closes Major San Francisco Store

SAN FRANCISCO -- A chain bookstore anchoring a condominium complex in the center of a revived South Beach is going out of business in October amid neighborhood fears that the space will remain empty too long in the down economy.

The last day of business for the Borders on King Street between Third and Fourth streets is Oct. 16, according to Borders spokeswoman Mary Davis.

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