When Mission Loc@l reported that Gus Murad had put Giant Value, the Elements Hostel and his other Mission investments up for sale, he objected. Just testing the market, he said through his spokesperson.

The market bit. The SF Business Times reported today that Oyster Development Corp. has purchased Giant Value at 2558 Mission Street. Seems Oyster will be developing Giant Value as Murad develops the New Mission Theater. Or maybe there’s another sale in Murad’s future.