Updated Mar 12, 2026
Chase Lochmiller Of Crusoe Signs Lease For 130,234 Square Feet At 225 Bush Street San Francisco
225 Bush Street
Building Size
130,234 SF
Asset Type
Office
Closing
Mar 11, 2026
About this deal
AI
The property asset involved is an office space located at 225 Bush Street in San Francisco, California. The total square footage of the asset is 130,234 square feet, situated in the Financial District North submarket and is part of the historic Standard Oil Building.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 225 Bush Street
- Market: San Francisco
- Tenant: Chase Lochmiller - Crusoe
Chase Lochmiller represents Crusoe in this lease transaction. Crusoe has signed a direct lease for the space, indicating a significant expansion of its operations in the Bay Area.
Players
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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