HUMBOLDT BEGINNINGS

Despite the song, a day may not make much difference, but a month is a different story. Case in point: the historic 785 Market St, where HFF just arranged a $20M refi on behalf of Seligman Western Enterprises. Just last month, rumor had it that the building was in distress and the owner was getting calls about it, but we learned today that it wasn’t true. The 93k SF, 18-story office building was built in 1906 as the Humboldt Bank Building. (But even today, well-dressed men still hang out there.) Senior managing director Susan Hill led the HFF team that secured the fixed-rate loan with JP Morgan Chase Bank.
HFF hasn’t stopped there—it just arranged a $60M permanent loan for the nearly 339k SF Plaza at Walnut Creek on behalf of Clarion Partners. Tenants of the two-building office complex in Downtown Walnut Creek (1331 and 1333 N California Blvd) include Morgan Stanley, Merrill Lynch, Comerica Bank, Wells Fargo, and Mutual of America. Bruce Ganong and Chris Gandy led the team that placed the fixed-rate loan with Cornerstone Real Estate Advisers.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Orchard Partners Selects JLL To Market 892K SF Manufacturing Campus In Brisbane: The San Francisco Deal Sheet

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Foundry Robotics Leaves San Francisco For New East Bay HQ

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

As The Future Of The Office Continues To Evolve, WeWork Is Bringing Clients A Tailored Workplace Solution

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown

Hudson Pacific's Historic San Francisco Conversion Project Gets Approval

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0