Home Commercial Columbia Property Trust Deal on 650 California Earns 3.6 Cap Rate
CommercialFinanceINDUSTRY news

Columbia Property Trust Deal on 650 California Earns 3.6 Cap Rate

Share
Share

By Jon Peterson Atlanta-based Columbia Property Trust’s acquisition of 650 California Street in San Francisco produced a 3.6 percent cap rate. The publicly traded office REIT based this return on having a first-year in-place net operating income of approximately $11 million. “We are expecting that the current rental rate situation in the property should enable […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Partner Content

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content


Recent Posts

Related Articles

Mercor Takes Lila Sciences’ Upper Floors at 181 Fremont as San Francisco Trophy View Vacancy Falls to 0.5%

AI training startup Mercor subleased the 35th and 36th floors of 181...

$500,000 Pilot Bets Arts Tenants Can Revive Mid-Market Storefronts as Submarket Vacancy Sits at 32%

A $500,000 seed fund from the San Francisco Downtown Development Corporation, Ripple...

Bay Area Tech Giants Bring Office Leasing Home as Market Value Jumps 28%

Bay Area-headquartered public companies have gained 28 percent in market value over...