TIAA-CREF to Earn 4 Cap on 55 2nd Street in San Francisco

By Jon Peterson New York City-based TIAA-CREF will be getting a four cap rate on its purchase of the 379,330 square foot 55 2nd Street office building in the South Financial District in San Francisco, according to sources familiar with the transaction. This return is based on the current net operating income being produced by […]