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San Francisco Office Sales Heat Up as Distressed Towers Go on Market

Source link : https://san-francisco-news.com/2025/04/23/business/san-francisco-office-sales-heat-up-as-distressed-towers-go-on-market/

In the latest “owner-user” deal—a transaction involving a company that was previously a tenant purchasing offices they intend to occupy—LendingClub Corp., a San Francisco-based fintech firm, is paying $74.5M, or about $318 per square foot, to buy 88 Kearny Street, a 21-story office tower on the edge of the Financial District. LendingClub is acquiring the […]

The post San Francisco Office Sales Heat Up as Distressed Towers Go on Market first appeared on San Francisco News.

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Author : SanFrancisco

Publish date : 2025-04-23 07:50:00

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