facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

National

/

Office

/

Sale

/

221 Main St, San Francisco,...

Updated Dec 20, 2023

Columbia Property Trust And Allianz Real Estate Acquire Office Building On Main Street In San Francisco For $180M
SOLDOffice

Columbia Property Trust And Allianz Real Estate Acquire Office Building On Main Street In San Francisco For $180M

221 Main St, San Francisco, CA 94105, USA

$180,000,000

$472/SF

Building Size

381,000 SF

Asset Type

Office

Closing

Oct 11, 2020

About this deal

AI

The office building located at 221 Main Street in San Francisco has been sold in a closed transaction. The buyer, Columbia Property Trust represented by Nelson Mills, partnered with Allianz Real Estate represented by Christoph Donner. The property was sold for a total price of $180,000,000. The building has a total square footage of 381,000, resulting in a price per square foot of $472.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $180,000,000
  • Address: 221 Main Street, San Francisco
  • Square Footage: 381,000
  • Buyer: Columbia Property Trust - Nelson Mills
  • Allianz Real Estate - Christoph Donner

Nelson Mills, representing Columbia Property Trust, and Christoph Donner, representing Allianz Real Estate, played crucial roles in this transaction. Their expertise and negotiation skills helped facilitate the successful sale of the office building.

Players

San Francisco Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Deal FAQ

About $472 per square foot on a published $180M for 381,000 square feet (2020).

Browse San Francisco office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.09%

Cash-on-Cash

-0.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets