Wednesday, April 11, 2012

HFF arranges $20 million refinancing for historic San Francisco office building

  

                                               HOUSTON, TX – HFF announced today that it has arranged a $20 million refinancing for 785 Market Street (top left photo), a 93,000-square-foot, historic office building located near the corner of 4th and Market Street in San Francisco, California.

HFF worked on behalf of Seligman Western Enterprises to secure the fixed-rate loan through J.P. Morgan Chase Bank, N.A

785 Market Street, which was originally built in 1906 as the Humboldt Bank Building, is an 18-story office building plus basement and penthouse that has been an “iconic landmark” on the city skyline for more than 100 years. 

The property boasts a complete ground floor renovation, including a historic lobby restoration and The Men’s Wearhouse flagship store.

The HFF team representing Seligman Western Enterprises was led by senior managing director Susan Hill (lower right photo) 

Contacts:

SUSAN L. HILL                                                 
 HFF Senior Managing Director                        
(713) 852-3500
   
 KRISTEN M. MURPHY
HFF Associate Director, Marketing
(713) 852-3500                               


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