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| 1098 Harrison Street, a 44,794-square-foot creative office asset in the heart of San Francisco’s tech-driven SOMA District. |
SAN FRANCISCO, CA – JLL Capital Markets announced it has facilitated the sale of 1098 Harrison Street, a 44,794-square-foot creative office asset in the heart of San Francisco’s tech-driven SOMA District.
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| Gerry Rohm |
The
two-story building is fully leased into 2029 to Plaid, Inc. The
property’s central location in Downtown San Francisco provides proximity to
premier tenancy, numerous mass transit options providing connectivity
throughout the Bay Area and an abundance of retail, entertainment, dining and
cultural amenities located in San Francisco’s Union Square, Mid-Market and
South/North Financial District neighborhoods.
The JLL Capital Markets team representing Hearst was led by
Senior Managing Director Gerry Rohm (CA Lic. #01385740) and Senior
Director Erik Hanson.
JLL facilitated the transaction between the buyer, Hearst, and seller, Embarcadero Capital Partners, in the all-cash, off-market transaction that was structured and completed during COVID.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
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| Erik Hanson |
The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization.
The firm has more than 3,700 Capital Markets specialists
worldwide with offices in nearly 50 countries.
For more news, videos and research resources on JLL, please visit
our newsroom.
Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.
CONTACT:
Kristen
Murphy
Senior Manager
Public Relations
Investor Services
JLL
One Post Office Square, Suite 3500
Boston, MA 02109
T +1 617 848 1572
M +1 617 543 4873
embarcaderocapitalpartners.com.
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