San Francisco Office Towers Sell in City’s Biggest Deal Since 2022

The Market Center office towers in San Francisco.Photographer: David Paul Morris/Bloomberg

A pair of San Francisco towers sold Friday in the highest-priced deal for the city’s battered office market in three years.

The skyscrapers, known as Market Center, were acquired by restaurant franchise magnate Greg Flynn and investment firm DRA Advisors, who took over a distressed $417 million mortgage at a discount. They paid about $177 million, according to a person with knowledge of the matter, who asked not to be named discussing private figures.