Mindspace Leases 54,000 Square Feet Office At Two Transamerica Plaza In San Francisco
505 Sansome Street
Building Size
54,000 SF
Asset Type
Office
Closing
Jul 20, 2026
AI
The property asset involved in this transaction is an office space located at 505 Sansome Street, San Francisco, CA, encompassing a total of 54,000 square feet. The transaction marks a significant lease agreement in the city’s commercial real estate market.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 505 Sansome Street
- Market: San Francisco, CA
- Asset Size: 54,000 square feet
- Landlord: Alon Bar - YODA PLC
- Tenant: Dan Zakai - Mindspace
This transaction highlights the roles of the key individuals involved, with Alon Bar representing YODA PLC as the landlord and Dan Zakai representing Mindspace as the tenant. Mindspace’s expansion into this space will allow them to increase their presence in San Francisco, growing their total footprint to over 90,000 square feet across two locations.
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