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536 Mission Street

Updated Sep 10, 2026

Bilt advertisement
Clay Duvall & David Binswanger Of Lincoln Property Company Acquire Office Building From Brent White For $31.6M
SOLDOffice

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:

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

Clay Duvall

Broker

$2.3B

vol

30 deals

Broker
Clay Duvall

Clay Duvall

Lincoln Property Company

Buyer

$2.3B

vol

30 deals

Buyer

Brent White

Golden Gate University

Seller
Seller

Mission Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $133 per square foot on a published $31.6M for 236,000 square feet (2026).

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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

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