Madison Capital & PGIM Close $95MM Acquisition of 360,000 SQFT 123 Mission in San Francisco, Completing Turnaround of Former Juul Tower

The deal prices the 29-story South Financial District office tower at roughly $264 per square foot — a 76 percent discount from Juul Labs' $397 million purchase in 2019 — as the new owners prepare a hospitality-driven repositioning amid record AI-fueled leasing Madison Capital and PGIM have closed their acquisition of 123 Mission Street, a […]