Updated Sep 28, 2026
Victor Coleman Of Hudson Pacific Properties Sells Office Properties In San Francisco For $65.5M
875 Howard Street & 899 Howard Street
$65,500,000
$230/SF
Building Size
284,000 SF
Asset Type
Office
Closing
Sep 25, 2026
About this deal
AI
The properties located at 875 and 899 Howard Street in San Francisco, CA, were sold by Hudson Pacific Properties. The transaction involved office spaces totaling 284,000 square feet, with a transaction amount of $65.5 million, resulting in a price per square foot of $231.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $65,500,000
- Seller: Victor Coleman - Hudson Pacific Properties
- Total Square Feet: 284,000
- Price per Square Foot: $231
- Market: San Francisco, CA
The sale contributes to Hudson Pacific Properties' third-quarter dispositions, which total $90.5 million. The company aims to recycle capital from non-core assets and reduce its leasing and capital exposure.
On the Map
$65,500,000
$230/SF
Office
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Howard 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
0.24%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93