CENTRL Office Leases 34,000 Square Feet At Waterfront Plaza San Francisco From Jamestown
50 Francisco Street
Building Size
34,000 SF
Asset Type
Office
Closing
Oct 20, 2025
AI
The property asset involved in this transaction is an office space located at 50 Francisco Street, San Francisco, encompassing a total of 34,000 square feet. The property is situated in the San Francisco market, specifically at Waterfront Plaza.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 50 Francisco Street
- Market: San Francisco
- Asset Size: 34,000 square feet
- Landlord: Matt Bronfman - Jamestown
- Tenant: CENTRL Office
CENTRL Office has signed a lease agreement with plans to open in early 2026. Matt Bronfman represents Jamestown as the property owner in this deal. The addition of CENTRL Office aligns with Jamestown's strategy to enhance its flexible workspace offerings, responding to the increasing demand from AI and innovation-driven companies.
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