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