Updated Sep 2, 2026
Jack Ziegler Of STG Group Acquires Office Space At 1155 Market Street For $8 Million
1155 Market Street
$8,000,000
Building Size
—
Asset Type
Office
Closing
Aug 28, 2026
About this deal
AI
The asset involved in this transaction is an 11-story office building located at 1155 Market Street in San Francisco, CA. The sale was completed for a sum of $8,000,000, significantly lower than its previous valuation of $80 million in 2015, following default and foreclosure circumstances.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $8,000,000
- Address: 1155 Market Street
- Market: San Francisco, CA
The buyer of the property is Jack Ziegler from STG Group. The buyer intends to stabilize and lease the office building, focusing on attracting tenants from the private sector, technology, professional services, and government sectors.
On the Map
$8,000,000
Office
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Players
San Francisco Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93