The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
August 26, 2019
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



HOME PAGE NEWS
Printer-friendly Version   Email an Associate
San Francisco Office Building Set to Trade in $86 Mil Deal

2/19/19

Clarion Partners, out of NY, has agreed to buy a 76.5k sf office building in San Francisco in a deal said to be worth around $86 mil ($1,130/sf), according to industry sources. It is being sold by Zurich Alternative Asset Management, also out of NY.

The four-story building, constructed in 1912, is located at 410 Townshend St, south of Market St near Mission Bay. It is situated close to Caltrain and the new Central Subway line.

Zurich acquired the building in late 2013 for about $49 mil. The property, which has been converted to open office space under Zurich’s ownership, is fully leased. Adobe is the building’s biggest tenant, leasing 63% of the property, although some of that space has since been subleased.

Seth Siegel, Ryan Venezia and Adam Lasoff with Cushman & Wakefield have the sales listing on behalf of Zurich, which acts as an advisor for a large insurance entity.





Return to the Archive page


 


 


 


 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media