December 8, 2016 Comments Off on Jamestown Expands Office Portfolio in San Francisco Views: 328 Bay Area, California News, West

Jamestown Expands Office Portfolio in San Francisco

Atlanta-based Jamestown, L.P. acquired 55 Francisco, a 145,172-square-foot office building in San Francisco from Lincoln Property Co. and the Teachers’ Retirement System of the State of Illinois for reportedly more than $90 million. The acquisition was made on behalf of the Jamestown Premier Property Fund.

The eight-story, Class A office building is located on 1.12 acres in The City’s North Waterfront District. The building is 97% leased to such companies as The RealReal, Pacific Fertility Centers, and Endpoint Clinical.

The property includes an adjacent four-level, 274-stall parking garage that also serves as the primary cruise ship parking deck. Jamestown also owns an adjacent office asset, Waterfront Plaza, a four-building, 297,000-square-foot office complex.

HFF was involved in arranging the transaction.

Read more at The Registry

Connect With Jamestown

Connect With Lincoln Property

For comments, questions or concerns, please contact Dennis Kaiser

Tags: ,

Comments are closed.