Tuesday, July 3, 2018

HFF announces sale and financing of 101 Mission Street in San Francisco


101 Mission Street Office Tower, San Francisco, CA
(Photo by 
Vantage Point  Photography Inc.)

Gerry Rohm

SAN FRANCISCO, CA – HFF announces the sale and the subsequent $116.5 million financing of 101 Mission Street, a 206,455-square-foot, 21-story, Class A office tower in San Francisco, California.
 
The HFF team represented the seller and procured the buyer, Vanbarton Group, LLC.  Additionally, the HFF team worked on behalf of the buyer to secure the acquisition financing for the property.

101 Mission Street is centrally located in the heart of San Francisco’s South Financial Transbay District. 

 With a Transit Score® of 100 and a Walk Score® of 92, the institutional-quality property is just blocks from Transbay Transit Center, Embarcadero Station with access to both BART and San Francisco Muni trains, The Ferry Building and the Embarcadero waterfront. 

The LEED Gold property features sweeping views of the San Francisco Bay, rare column-free office space and 10,500-square-foot typical floor plates.  101 Mission is currently 86 percent leased to a diverse tenant roster, including Wells Fargo, Forbes and Pearson. 

Michael Leggett
The HFF investment advisory team representing the seller included senior managing directors Gerry Rohm and Michael Leggett, senior directors David Dokko and Ben Bullock and director Thomas Foley.

“It was a true pleasure working with both the seller and Vanbarton Group on this transaction,” said Rohm.  “Both groups exhibited a high degree of professionalism throughout the transaction, which speaks to the quality of the people at both organizations.”

The HFF debt placement team that arranged the financing consisted of senior managing director Peter Smyslowski.

Holliday GP Corp. ("HFF") is a real estate broker licensed with the California Bureau of Real Estate, License Number 01385740.

David Dokko

Vanbarton Group is a privately owned, vertically integrated real estate investment and advisory firm founded in 1992 with corporate offices in New York City and San Francisco. 

With its proven expertise successfully investing across the capital stack in varying ways throughout real estate cycles, Vanbarton's investments include U.S. domestic core plus, value-add and opportunistic equity investments, preferred equity, junior participations, bridge loans, secondary market debt acquisitions and securitized credit. 

To find out more about Vanbarton, please call 212-293-8800, or visit the firm’s website at vanbartongroup.com.

For more information, please contact:

KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990

No comments: