Ian Jacobs Acquires Mixed-use Building At 180 Post Street In San Francisco For $48.5M
180 Post Street
$48,500,000
$1,243/SF
Building Size
39,000 SF
Asset Type
Mixed-use
Closing
Jul 15, 2026
AI
The property asset involved in the transaction is a mixed-use building located at 180 Post Street in the San Francisco, CA market. The building spans 39,000 square feet and was sold for $48.5 million, resulting in a price per square foot of $1,244.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $48,500,000
- Address: 180 Post Street
- Market: San Francisco, CA
- Square Feet: 39,000
- Price per Square Foot: $1,244
- Buyer: Ian Jacobs
- Seller: Steve O'Connell - Grosvenor Americas
San Francisco investor Ian Jacobs has expanded his downtown acquisitions with this purchase, illustrating the continued interest in Union Square. The transaction reflects a market that, while facing challenges, has seen improvements in vacancy rates, particularly in luxury retail, despite the uneven recovery highlighted by the collapse of the San Francisco Centre redevelopment deal.
Players
Post Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93