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200 Pine Street

Razmig Boladian And Ani Vartanian Acquire Office Building At 200 Pine Street For $13M
SOLDOffice

Razmig Boladian And Ani Vartanian Acquire Office Building At 200 Pine Street For $13M

200 Pine Street

$13,000,000

$260/SF

Building Size

50,000 SF

Asset Type

Office

Closing

Jan 5, 2026

AI

Rubicon Point Partners has acquired an eight-story office building located at 200 Pine Street in San Francisco's Financial District. The transaction was valued at $13 million, and the property encompasses 50,000 square feet, resulting in a price per square foot of $260.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $13,000,000
  • Buyer: Razmig Boladian & Ani Vartanian - Rubicon Point Partners
  • Seller: M & E LLC
  • Square Footage: 50,000
  • Price Per Square Foot: $260
  • Market: San Francisco

Razmig Boladian and Ani Vartanian are key figures in this transaction, representing Rubicon Point Partners, which is expanding its West Coast portfolio. The firm is focused on identifying high-quality, cash-flowing assets in response to the post-pandemic recovery of demand in the Battery Street corridor.

Players

RP
Rubicon Point PartnersBuyer

Razmig Boladian

Rubicon Point Partners

Buyer

$132.3M

vol

3 deals

Buyer

San Francisco Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93