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180 Post Street

Ian Jacobs Acquires Mixed-use Building At 180 Post Street In San Francisco For $48.5M
SOLDMixed-use

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

Ian Jacobs

Buyer

$48.5M

vol

1 deal

Buyer

Steve O'Connell

Grosvenor Americas

Seller

$97.1M

vol

4 deals

Seller

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