Updated Dec 4, 2024
RFR Realty Acquires Office/Event Space Building In North Financial District For $150M
301 Battery Street, San Francisco, CA, USA & 301 Battery Street, San Francisco, CA, USA
$150,000,000
$403/SF
Building Size
186,000 SF
Asset Type
Office
Closing
Nov 19, 2019
About this deal
AI
The property at 301 Battery Street in the North Financial District has been sold for $150,000,000. This office/event space spans 186,000 square feet and was purchased by @RFRRealty. The seller, Bently Holdings, enlisted @CBRE as their broker in the transaction. The property is located in a prime market area, offering great potential for future use.
Summary of transaction details
- Property Type: Office / Event space
- Transaction Amount: $150,000,000
- Square Footage: 186,000
- Seller: Bently Holdings
- Buyer: @RFRRealty
- Broker: @CBRE
This deal showcases the collaboration between Bently Holdings and @RFRRealty, two key players in the real estate industry. @CBRE, acting as the broker for Bently Holdings, successfully facilitated the transaction.
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
0.11%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93