SAN FRANCISCO-Union Investment, an investment fund based in Germany, has reached a contract to purchase 555 Mission St. in downtown San Francisco for $445 million. The fund will buy the downtown building from Tishman Speyer for $800 per square foot.
Tishman Speyer is gearing up to break ground on a speculative office structure in Foundry Square. Metzler North America of Seattle is advising Union Investment, while Eastdil Secured is representing Tishman Speyer in the deal. For the full story, go to San Francisco Business Times .
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