facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Office

/

Lease

/

501 Second Street

Harrison Chase Of LangChain And Christian Wiklund Of UnitQ Lease Office At 501 Second Street
LEASEDOffice

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:

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

Grant Dettmer

JLL

Broker

3 deals

Broker
TC
The Swig CompanyLandlord

Harrison Chase

LangChain

Tenant

2 deals

Tenant

San Francisco 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