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123 Mission Street, SoMa, S...

Updated Oct 29, 2024

Northwood Investors Acquires Office Building On Mission Street In SoMa For $300M
SOLDOffice

Northwood Investors Acquires Office Building On Mission Street In SoMa For $300M

123 Mission Street, SoMa, San Francisco, CA, USA

$300,000,000

$43,649/SF

Building Size

6,873 SF

Asset Type

Office

Closing

May 29, 2018

About this deal

AI

Northwood Investors has acquired an office property located at 123 Mission Street in San Francisco's SoMa neighborhood for a staggering price of $300,000,000. The transaction took place on May 30, 2018, and involved renowned real estate professionals John Kukral and Daniel Chen. This property, boasting an impressive market value, is an excellent addition to Northwood Investors' portfolio.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Amount: $300,000,000
  • Address: 123 Mission Street, San Francisco
  • Market: SoMa

The sale was facilitated by Daniel Chen, representing HNA Group, the seller. On the buyer's side, John Kukral, acting on behalf of Northwood Investors, successfully closed the deal. This transaction highlights the expertise and reputation of both individuals in the real estate industry.

Players

HG
HNA GroupSeller

San Francisco Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $43.6K per square foot on a published $300M for 6,873 square feet (2018).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.05%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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