Patrick Tribolet & Larry Jackel Acquire Class A Office Tower In San Francisco For $200 Million

The asset involved in this transaction is a Class A office tower located at 415 Natoma Street, San Francisco. The property spans 667,000 square feet and was sold for $200,000,000, resulting in a price per square foot of approximately $300.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $200,000,000
• Address: 415 Natoma Street
• Market: San Francisco
• Square Footage: 667,000
• Price Per Square Foot: $300
• Buyer: Patrick Tribolet & Larry Jackel - Fenway Capital; Meridian Group

In this transaction, Patrick Tribolet and Larry Jackel, representing Fenway Capital, collaborated with Meridian Group to complete the purchase, which involved a debt-to-deed transfer. The acquisition of this 25-story office tower marks a significant addition to their portfolio.