Rubicon Point Partners Acquires San Francisco Office Building For $72M
California
See Similar DealsRubicon Point Partners Acquires San Francisco Office Building For $72M
123 Townsend Street
See Similar DealsSummary
An office property located at 123 Townsend Street in San Francisco has been sold for $72,000,000. The property spans a total area of 137,624 square feet, resulting in a price per square foot of $523. The transaction involved Rubicon Point Partners as the buyer and CBRE Investment Management as the seller.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $72,000,000
- Address: 123 Townsend Street, San Francisco
- Market: San Francisco
- Square Footage: 137,624
- Price Per Square Foot: $523
- Buyer: Rubicon Point Partners
- Seller: CBRE Investment Management
The transaction was facilitated by the brokers Steven Golubchik, Edmund Najera, Jonathan Schaefler, and Darren Hollak from Newmark. They played a key role in connecting the buyer and seller and ensuring the successful completion of the deal.
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