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650 Sacramento Street

Updated Nov 2, 2026

David Miscavige's Church Of Scientology International Acquires Office Building In San Francisco For $2.2M
SOLDOffice

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:

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.

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$2,200,000

$220/SF

Office

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Players

Rich Lewetzow

Sotheby's International Realty

Broker

$9.5M

vol

1 deal

Broker

David Miscavige

Church of Scientology International⁠

Buyer
Buyer

Glenn Gilmore

Brick & Timber Collective

Seller

$67.7M

vol

2 deals

Seller
Bilt advertisement

Sacramento Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $220 per square foot on a published $2.2M for 10,000 square feet (2026).

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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

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