LEASEDOffice
Brad Garlinghouse Of Ripple Renews 123,547 Square Foot Lease At 600 Battery Street San Francisco
600 Battery Street
Building Size
124,000 SF
Asset Type
Office
Closing
Aug 5, 2026
AI
The property asset involved in this transaction is an office space located at 600 Battery Street, San Francisco, CA, encompassing a total of 124,000 square feet. Brad Garlinghouse, representing Ripple, has renewed the lease for the headquarters at this address, further solidifying the presence of the cryptocurrency company in the Jackson Square neighborhood.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 600 Battery Street
- Market: San Francisco, CA
- Asset Size: 124,000 square feet
- Tenant: Brad Garlinghouse - Ripple
The lease renewal reflects Ripple's commitment to maintaining its headquarters in San Francisco, ensuring ongoing operations in the area. This decision allows the company to continue its established foothold in a key market for its business activities.
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