Taipei Economic And Cultural Office Acquires Office Property In San Francisco For $52.8M

The office property located at 345 Fourth St in San Francisco has been sold in a recent transaction. The property spans approximately 56,000 square feet and was sold for a total price of $52,800,000, resulting in a price per square foot of $943. The sale was completed on 02/10/2023.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $52,800,000
• Address: 345 Fourth St, San Francisco
• Square Footage: 56,000
• Price Per Square Foot: $943

The buyer of the property was the Taipei Economic and Cultural Office, while the seller was T2 Hospitality. The buyer was represented by Tenny Tsai, Tom Christian, and Andrew Hsu from Cushman & Wakefield, as well as Danny Yu from SV Commercial Property Brokerage Inc. On the other hand, the seller was represented by Barry Bram from Brookwood Starboard.