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555 California Street

Updated Jan 14, 2026

Jon A. Ballis Of Kirkland & Ellis Expands Office Lease At 555 California Street In San Francisco
LEASEDOffice

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

About this deal

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.

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Players

Kirkland & Ellis
Kirkland & EllisTenant
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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

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