Updated Sep 10, 2026
Clay Duvall & David Binswanger Of Lincoln Property Company Acquire Office Building From Brent White For $31.6M
536 Mission Street
$31,600,000
$133/SF
Building Size
236,000 SF
Asset Type
Office
Closing
Sep 9, 2026
About this deal
AI
The transaction involved the sale of an office property at 536 Mission Street, located in the San Francisco, CA market. The sale price was $31,600,000, and the property spans 236,000 square feet, resulting in a price per square foot of $134.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $31,600,000
- Address: 536 Mission Street
- Market: San Francisco, CA
- Square Footage: 236,000
- Price per Square Foot: $134
- Buyer: Clay Duvall & David Binswanger - Lincoln Property Company
- Seller: Brent White - Golden Gate University
Brent White represented Golden Gate University in the transaction, which involved the sale of the downtown San Francisco campus. Lincoln Property Company, along with its partner McCourt Partners, plans to redevelop the site into either a 46-story office building or a mixed-use development including residential units.
Players
Mission 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
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93