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625 Second Street

Frontline Realty Capital And BYAN Investments Acquire Office Building From Hudson Pacific Properties For $28M
SOLDOffice

Frontline Realty Capital And BYAN Investments Acquire Office Building From Hudson Pacific Properties For $28M

625 Second Street

$28,000,000

$163/SF

Building Size

171,187 SF

Asset Type

Office

Closing

May 30, 2025

AI

The property asset involved in the transaction is an office located at 625 Second Street in the San Francisco market. The sale price was $28,000,000, with a total square footage of 171,187, resulting in a price per square foot of $163.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $28,000,000
  • Address: 625 Second Street
  • Market: San Francisco
  • Buyer: Frontline Realty Capital & BYAN Investments
  • Seller: Hudson Pacific Properties
  • Broker: Erik Hanson - JLL

The deal was facilitated by Erik Hanson, representing the brokerage firm JLL. The buyers in this transaction are Frontline Realty Capital and BYAN Investments, while the seller is Hudson Pacific Properties.

Players

Erik Hanson

JLL

Broker

$425.1M

vol

8 deals

Broker
JLL
JLLBrokerage

San Francisco Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.57%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93