Updated Aug 10, 2026
Tom Hale Of Oura Acquires 500 Pine Street Office In San Francisco For $41.5M
500 Pine Street
$41,500,000
$738/SF
Building Size
56,179 SF
Asset Type
Office
Closing
Aug 6, 2026
About this deal
AI
The office asset at 500 Pine Street in San Francisco, CA was sold for $41,500,000. The buyer acquired a total of 56,179 square feet at a price per square foot of $739. The building holds a LEED Gold certification and is intended to serve as the headquarters for Oura's global operations.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $41,500,000
- Square Footage: 56,179
- Price per Square Foot: $739
- Buyer: Tom Hale - Oura
- Address: 500 Pine Street
- Market: San Francisco, CA
Tom Hale represents Oura in this transaction, which involves the establishment of a permanent headquarters. The company plans to undertake renovations of the property throughout 2026, aiming to consolidate key teams in a design that fosters collaboration and supports future growth.
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Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93