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600 Townsend Street

Alex Blania & Sam Altman Of Tools For Humanity Lease Office Space At 600 Townsend Street San Francisco
LEASEDOffice

Alex Blania & Sam Altman Of Tools For Humanity Lease Office Space At 600 Townsend Street San Francisco

600 Townsend Street

Building Size

87,406 SF

Asset Type

Office

Closing

Mar 27, 2025

AI

An office space located at 600 Townsend Street in the San Francisco market has been leased. The total area of the property is 87,406 square feet. The landlord of the asset is LBA Realty.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 600 Townsend Street
  • Market: San Francisco
  • Tenant: Alex Blania & Sam Altman - Tools for Humanity
  • Landlord: LBA Realty

The leasing transaction was concluded on March 27, 2025, involving key individuals Alex Blania and Sam Altman representing Tools for Humanity as the tenant in this agreement.

Players

Sam Altman

Tenant

18 deals

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