Goldman Sachs And Barclays Provide $500M Refinance For Uber's Global HQ In San Francisco

The property asset involved in this transaction is an office complex located at 1655 and 1725 3rd Street in the Mission Bay area of San Francisco. The total loan amount secured for this asset is $500,000,000, and it encompasses a square footage of 586,208 SF. The refinancing secured is a five-year, non-recourse loan.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $500,000,000
• Address: 1655 & 1725 3rd Street
• Market: San Francisco
• Lender: Goldman Sachs & Barclays Bank
• Landlord: Peter M. Moglia - Alexandria Real Estate Equities, Inc; Dara Khosrowshahi - Uber Technologies, Inc; Joe Lacob - Golden State Warrior
• Brokers: Brad Zampa & Mike Walker - CBRE
• Loan Type: Refinance
• Loan Terms: five-year, non-recourse

CBRE arranged this refinancing deal for the joint venture that includes Alexandria Real Estate, Uber, and the Golden State Warriors. Goldman Sachs and Barclays provided the loan, which is intended to support Uber's global headquarters.