The Sobrato Organization Acquires Office Building On 180 Townsend St. In San Francisco For $71M

The office property located at 180 Townsend St. in San Francisco has been sold in a recent transaction. The property spans approximately 41,000 square feet and was sold by DivcoWest to The Sobrato Organization. The sale price for the property was $71,000,000, resulting in a price per square foot of $1,731.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $71,000,000
• Market: San Francisco
• Address: 180 Townsend St.
• Buyer: The Sobrato Organization
• Seller: DivcoWest
• Brokers: Michael Taquino, Kyle Kovac, Giancarlo Sangiacomo & Alec Haley - CBRE

The transaction was facilitated by the brokers Michael Taquino, Kyle Kovac, Giancarlo Sangiacomo, and Alec Haley from CBRE. Their expertise and negotiation skills played a crucial role in completing the deal successfully.