DivcoWest to Acquire Nearly 50% of San Francisco’s 101 California Tower for ~$450MM

Transaction valued at approximately $450 million marks city's biggest office deal since 2021 as trophy assets outperform distressed properties DivcoWest has agreed to purchase slightly less than a 50 percent stake in 101 California Street, a trophy Financial District skyscraper, in a transaction that values the 1.26 million-square-foot tower at roughly $975 million. The deal […]