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505 Sansome Street

Mindspace Leases 54,000 Square Feet Office At Two Transamerica Plaza In San Francisco
LEASEDOffice

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

Alon Bar

Yoda Plc

Landlord

$691.6M

vol

4 deals

Landlord

Dan Zakai

Mindspace

Tenant

1 deal

Tenant

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