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
Market Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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