Foster + Partners
German Lawyers’ Pension Fund Records $67MM (€57.9MM) Write-Down on 750,000 SQFT Transamerica Pyramid as BVK Exits San Francisco Landmark at ~$700MM
Hessen retirement scheme absorbs full loss on preferred equity tranche after post-pandemic office downturn and a costly renovation erode value of San Francisco’s...
Fortinet Acquires Seven Sunnyvale Parcels from Intuitive Surgical for $47MM
The cybersecurity giant’s all-cash purchase of sites at Kifer Road and Commercial Street positions the company to assemble a new campus adjacent to...
Yoda Plc to Pay ~$700MM for 750,000 SQFT Transamerica Pyramid Center, San Francisco’s Largest Office Trade Since 2021
The deal values the iconic Financial District complex at approximately $933 per square foot, representing a significant loss for the selling venture that...
Yoda Plc Reaches Deal to Acquire San Francisco’s Iconic 500,000 SQFT Transamerica Pyramid from SHVO-Led Investor Group
Cyprus-based investment conglomerate strikes deal for the landmark 48-story skyscraper after months of tensions between developer Michael Shvo and German pension fund Bayerische...
Tiger Global Management Signs Record-Breaking $300-Plus Per SQFT Lease at Transamerica Pyramid in Resurgent San Francisco Market
Venture capital tenant takes 44th-floor space as trophy tower achieves highest office rents on West Coast Tiger Global Management will be leasing approximately...
San Francisco Recovery Fund Acquires Oceanwide Center Site for $60MM, Plans 910-Foot Office Tower
Partnership led by Jay Yang and Dan Kingsley closes on distressed downtown development at 80 percent discount, aims to build near-twin to Salesforce...
SHVO Announces Transamerica Pyramid in San Francisco Secured More Than 233,000 SQFT of Office Leasing
In the year following its remastering, the Transamerica Pyramid Center has signed 12 leasesfrom prominent financial, technology and legal services companies, consistently achieving...
San Francisco’s Oceanwide Center Revival: Veteran Developer Eyes Downtown’s Biggest Eyesore
A stalled construction site that has scarred San Francisco’s Financial District for nearly a decade may finally be getting a second chance at...
Hines Bets Big on San Francisco’s Future with Record-Breaking 1,225-Foot Tower Proposal
Developer’s ambitious plan for former PG&E site would create West Coast’s tallest building amid downtown office market struggles Houston-based developer Hines has filed...
San Francisco Launches $100,000 Competition to Reinvent Market Street Amid Post-Pandemic Challenges
In an initiative to revitalize one of America’s iconic thoroughfares, San Francisco has announced the “Market Street Reimagined” competition, offering a $100,000 prize...
CapitaLand Ascendas’ 505 Brannan in San Francisco Planned for Additional 125,000 SQFT Development
By Kate Snyder An office building in San Francisco’s SoMa district could soon grow taller. A proposal has been filed in the city...
