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Stuart Shiff Of DivcoWest And Stephen A. Schwarzman Of Blackstone Acquire San Francisco Office For $111M

Property Image
SOLD
$111,000,000
Stephen A. Schwarzman
Stuart Shiff

California

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Office420,000 SF
Sold 04/22/2025
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Property Image
SOLD

Stuart Shiff Of DivcoWest And Stephen A. Schwarzman Of Blackstone Acquire San Francisco Office For $111M

300 Howard Street

See Similar Deals
Office420,000 SF
Sold 04/22/2025
Stephen A. Schwarzman
Stuart Shiff
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$264
Total Square Footage:420,000 SF
Transaction Type:Sale

The office asset at 300 Howard Street spans 420,000 square feet and is situated in the San Francisco market. It was sold for $111 million, resulting in a price per square foot of $264.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $111,000,000
  • Address: 300 Howard Street
  • Market: San Francisco
  • Total Square Footage: 420,000
  • Price per Square Foot: $264
  • Buyer: Stuart Shiff - DivcoWest; Stephen A. Schwarzman - Blackstone

Stuart Shiff represents DivcoWest, and Stephen A. Schwarzman represents Blackstone in this transaction. The buyers intend to reposition the asset into an AI and tech hub, enhancing its amenities to cater to next-generation tenants.

Players

Stuart Shiff
DivcoWest
Stuart Shiff
16 deals$2.2B volume
BUYER

Details

SOLD
IMAGE: Stuart Shiff & Stephen A. Schwarzman DATE: 04/22/2025 ADDRESS: 300 Howard Street MARKET: San Francisco ASSET TYPE: Office BUYER: Stuart Shiff - DivcoWest; Stephen A. Schwarzman - Blackstone (@Blackstone) SALE PRICE: $111,000,000 SF: 420,000 ~ PPSF: $264 NOTE: DivcoWest and Blackstone Real Estate acquired the 420,000-square-foot office tower at 300 Howard Street in San Francisco for $111 million. The buyers plan to reposition the property as an AI and tech hub with upgraded amenities to attract next-gen tenants.

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