Henry Kravis Acquires 750,000 SF Office Building In San Francisco For $1.08B
1800 Owens Street
$1,080,000,000
$1,440/SF
Building Size
750,000 SF
Asset Type
Office
Closing
Mar 8, 2021
AI
An office property located at 1800 Owens St in San Francisco has been sold in a recent transaction. The property spans a total area of 750,000 square feet. The sale price for this transaction was $1,080,000,000, resulting in a price per square foot of $1,440.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $1,080,000,000
- Address: 1800 Owens St, San Francisco
- Market: San Francisco
- Square Footage: 750,000
The buyer in this transaction is Henry Kravis, representing KKR. On the other hand, the seller is John Kilroy of Kilroy Realty.
Players
San Francisco Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.01%
Cash-on-Cash
-0.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93