Updated Nov 2, 2026
David Miscavige's Church Of Scientology International Acquires Office Building In San Francisco For $2.2M
650 Sacramento Street
$2,200,000
$220/SF
Building Size
10,000 SF
Asset Type
Office
Closing
Oct 29, 2026
About this deal
AI
The Church of Scientology International acquired the Bartlett Building, a historic office asset located at 650 Sacramento Street, San Francisco, CA. The property spans 10,000 square feet and was purchased for $2.2 million, translating to $220 per square foot. The acquisition is intended for church activities and complements the operations of the Church at a nearby location on 701 Montgomery Street.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,200,000
- Buyer: David Miscavige - Church of Scientology International
- Seller: Bonar Chhay - Felicitas Global Partners
- Seller: Glenn Gilmore - Brick & Timber Collective
- Broker: Rich Lewetzow - Sotheby's International Realty
- Square Footage: 10,000
- Price per Square Foot: $220
The transaction was facilitated by Rich Lewetzow of Sotheby's International Realty, who represented the buyer, David Miscavige. The previous owners, Felicitas Global Partners and Brick & Timber Collective, had undertaken extensive renovations prior to the sale. This strategic purchase underscores the Church’s commitment to expanding its presence in the San Francisco area.
On the Map
$2,200,000
$220/SF
Office
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Players
Sacramento Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93