Laurus Earns Sub 6 Cap Rate on Sale of 1155 Market St. in San Francisco

By Jon Peterson Los Angeles-based Laurus Corporation has sold the 140,000 square foot 1155 Market Street office building in San Francisco at a sub 6 percent cap rate. “This return is based on the property’s current net operating income,” says Philip Cyburt, chief executive officer for Laurus. The buyer of this property was San Francisco-based […]