Harrison Chase Of LangChain And Christian Wiklund Of UnitQ Lease Office At 501 Second Street
501 Second Street
Building Size
19,300 SF
Asset Type
Office
Closing
Mar 18, 2025
AI
The property asset involved in this transaction is an office space located at 501 Second Street in the San Francisco market. The total square footage for this lease transaction is 19,300 square feet.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 501 Second Street
- Market: San Francisco
- Square Feet: 19,300.0
- Tenant: Harrison Chase - LangChain; Christian Wiklund - unitQ
- Landlord: Connor Kidd & Cory Kristoff - The Swig Company
- Tenant's Representatives: Blake Walker (CBRE), Caroline O’Loughlin Livermore (CBRE), Will Cassriel (JLL), Grant Dettmer (JLL)
- Landlord's Representatives: Mike McCarthy (Transwestern), Brian McCarthy (Transwestern), Maddie Meyersieck (Transwestern)
This transaction involved key individuals from both the tenant and landlord sides. The tenant representatives from CBRE and JLL facilitated the agreement for Harrison Chase and Christian Wiklund, while the landlord was represented by a team from Transwestern, including Mike McCarthy, Brian McCarthy, and Maddie Meyersieck, representing Connor Kidd and Cory Kristoff of The Swig Company.
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