Jon A. Ballis Of Kirkland & Ellis Expands Office Lease At 555 California Street In San Francisco
555 California Street
Building Size
153,202 SF
Asset Type
Office
Closing
Jan 9, 2026
AI
The asset involved in this transaction is an office building located at 555 California Street in San Francisco. The property encompasses a significant area of 153,202 square feet, making it a prominent office location within the city’s market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 555 California Street
- Market: San Francisco
- Tenant: Jon A. Ballis
- Representing Company: Kirkland & Ellis
This lease renewal and expansion signifies Kirkland & Ellis's ongoing investment in the North Financial District of San Francisco. The firm has strengthened its position in the city with this lease, which is noted as the second-largest office transaction in the city for the fourth quarter of 2025.
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