180 Howard Street
180 Howard Street is a 13-story, 211,146-square-foot office tower located in San Francisco’s South Financial District. The property is at the corner of Howard Street and Main Street, situated along the “Spear Street Corridor”, which historically out-performs the greater CBD with lower vacancy and higher rents. The building’s location has some of the best transit and downtown access in the city, located a block away from the Transbay terminal, 2 blocks from Market Street and BART/Muni light rail access, 1.5 blocks from the Embarcadero waterfront and 3 blocks from the Ferry terminal. The location is considered A+ for San Francisco, and the building quality is B+ as it stands today.
The building was acquired at 25% of its pre-pandemic value and our business plan is focused on creating additional asset value through a capital scope that is focused on elective work to drive leasing and exit value, and cost-savings measures to reduce energy costs and ongoing R&M.