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340 Bryant Street

Cannae Partners Leases 38,000-Square-Foot Office To Flux At 340 Bryant Street, San Francisco
LEASEDOffice

Cannae Partners Leases 38,000-Square-Foot Office To Flux At 340 Bryant Street, San Francisco

340 Bryant Street

Building Size

38,000 SF

Asset Type

Office

Closing

Mar 24, 2026

AI

The asset involved in this lease transaction is located at 340 Bryant Street in San Francisco, comprising approximately 38,000 square feet of office space. The building was previously vacant and is now on its way to achieving nearly 60% occupancy following the lease agreement.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: under $10 million
  • Address: 340 Bryant Street
  • Market: San Francisco
  • Landlord: Cannae Partners
  • Tenant: Matthias Wagner - Flux

Cannae Partners, the landlord, acquired the property prior to the lease signing, repositioning the building for tenant occupancy. Matthias Wagner represents the tenant, Flux, which has now secured a lease within the asset, contributing to its increased occupancy rate.

Players

Cannae Partners
Cannae PartnersLandlord

Matthias Wagner

Flux

Tenant

2 deals

Tenant

Market 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