Matt M. Bronfman Of Jamestown LP Leases 15000 SF Office To John Riccitiello Of Unity Technologies
116 New Montgomery Street
Building Size
15,000 SF
Asset Type
Office
Closing
Apr 23, 2025
AI
The property asset involved in this transaction is an office space located at 116 New Montgomery Street in San Francisco, covering a total area of 15,000 square feet. This lease arrangement is part of the broader real estate market activity in the San Francisco area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 116 New Montgomery Street
- Market: San Francisco
- Landlord: Matt M. Bronfman - Jamestown LP
- Tenant: John Riccitiello - Unity Technologies
Matt M. Bronfman represents Jamestown LP as the landlord in this transaction, while John Riccitiello represents Unity Technologies as the tenant. Unity Technologies has relocated its headquarters from a larger 110,000 square feet space at Market Street, reflecting a strategic downsizing initiative following company layoffs and real estate reductions.
Players
San Francisco Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93