$94.8 Million Non-Performing Office Loan | Oakland, CA
US - Oakland, Americas
277,936 sf
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) as exclusive advisor is pleased to present the opportunity to acquire 400 Montgomery Street, located in the heart of San Francisco’s North Financial District. 400 Montgomery is a 12-story creative office asset with ground floor retail that boasts newly renovated, high-end creative finishes throughout 80% of the office floors. Situated at the prominent intersection of California and Montgomery Street, the Property receives excellent foot traffic while offering proximity to San Francisco’s primary transportation nodes.
400 Montgomery offers investors the rare opportunity to acquire a historic, pride of ownership asset with extensive improvements in San Francisco’s iconic North Financial District.
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Attributes
Building area net
86,551 sf
Occupancy
69%
Year built
1901
Year renovated
2018
Call for offers
21/05/2024
Media
Investment Highlights
- Attractive basis for an extensively remodeled asset
- Institutionally maintained with very limited near-term capital required
- Iconic location on the corner of California & Montgomery Street
- Irreplaceable historic asset with one of a kind features
- Significant capital invested in excess of $18.3M ($212 PSF) from 2016+
- Ideal floor plates catering to the majority of tenent demand
Contact brokers
400 Montgomery (0 Properties)
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Last updated
9 May 2024
