Harvest Properties Completes Sale of115 Sansome Street, San Francisco
EMERYVILLE, Calif. -- April 8, 2013
Commercial real estate investment, development and property management firm
Harvest Properties today announced its investment partnership has sold 115
Sansome Street in San Francisco’s northern financial district to Boston-based
TA Associates Realty (www.tarealty.com).
Investment brokers Michel Seifer, Rob Hielscher & Aaron Herter of Jones Lang
LaSalle represented the sellers in the transaction. With a confidentiality
agreement in place, the sale price and deal terms are undisclosed.
Harvest Properties currently manages the 15-story, 128,000 square foot,
Class-A office building, located at the corner of Sansome and Bush Streets,
and will continue serving in that capacity for TA Associates Realty.
Harvest Properties purchased the asset from The Swig Co. LLC and Angelo,
Gordon & Co. in June 2011. Harvest completed numerous capital improvements to
the building during its ownership, including a façade restoration, and
cosmetic renovations to the jewel box lobby, elevators, and common area
corridors. Harvest also pioneered the building’s successful transition from
traditional dropped ceiling office space to ‘creative’ space by exposing the
original concrete and brick bones of the building, developing open floor plans
and modern, galley-style kitchens.
For more detail, please visit:
About Harvest Properties
Founded in 2002, Harvest Properties is a leading full-service commercial real
estate investment firm specializing in acquiring, developing, managing and
financing commercial property, primarily through joint-venture investments in
northern California. Harvest Properties strives to generate attractive returns
for its financial partners and provide creative real estate solutions and
Harvest Properties portfolio comprises approximately eight million square feet
of office, industrial, R&D and retail properties in the San Francisco Bay
Area. For more information, please visit www.harvestproperties.net.
Sarah Irving, 510-808-5223
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