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45 Fremont Street

Jonathan Nachmani Of Madison Capital Acquires Office Tower At 45 Fremont Street For $238M
SOLDOffice

Jonathan Nachmani Of Madison Capital Acquires Office Tower At 45 Fremont Street For $238M

45 Fremont Street

$238,000,000

$400/SF

Building Size

594,000 SF

Asset Type

Office

Closing

Apr 9, 2026

AI

The property asset involved in this transaction is a 34-story office tower located at 45 Fremont Street in San Francisco. It features a total square footage of 594,000 and has a sale price of $238 million, translating to approximately $401 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $238,000,000
  • Square Footage: 594,000
  • Price Per Square Foot: $401
  • Buyer: Jonathan Nachmani - Madison Capital
  • Date of Sale: 04/09/2026
  • Market: San Francisco

This acquisition marks the completion of Madison Capital's debt acquisition strategy that was reported in late 2025. The addition of this asset enhances Madison Capital's portfolio, positioning it adjacent to Salesforce Tower in a prime location within the South Financial District.

Players

Jonathan Nachmani

Madison Capital

Buyer

$328M

vol

2 deals

Buyer

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

0.07%

Cash-on-Cash

-0.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93