Tim Callahan And Marcum D. Eli Khouri Acquire Office Tower At 101 Mission Street For $82M

The asset involved in the transaction is a Class A office tower located at 101 Mission Street, San Francisco, within the South Financial District. The property was sold for $82,000,000 and features a total square footage of 213,000. The price per square foot amounts to $385.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $82,000,000
• Square Footage: 213,000
• Address: 101 Mission Street
• Market: San Francisco
• Price per Square Foot: $385
• Buyer: Tim Callahan - Callahan Capital Partners
• Buyer: Marcum D. Eli Khouri - Probis Strategic Solutions

The deal is characterized by the involvement of Tim Callahan and Marcum D. Eli Khouri, who have plans for a significant repositioning of the property in response to early signs of recovery in the local office market.