Ray Falack Of Seven Equity Group Acquires Office Buildings In San Francisco For $15.5M

The asset involved in this transaction is an office property located at 818 Mission Street in San Francisco, CA, which was sold for $15,500,000. The sale reflects a significant decline in market value, with a noted drop of 63% in comparison to previous valuations. This transaction is indicative of ongoing challenges within the downtown office market in San Francisco.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,500,000
• Buyer: Ray Falack - Seven Equity Group
• Sale Date: 09/10/2026
• Previous Owner: Westfield
• Adjacent Property: 814 Mission Street
• Market: San Francisco, CA

Ray Falack, representing Seven Equity Group, completed the acquisition of Westfield’s twin office buildings located at 814 and 818 Mission Street. This transaction highlights the buyer's active investment strategy in a marketplace where properties are becoming available at discounted rates due to market distress.