185
SAN FRANCISCO — Merchants Exchange Building, a 241,961-square-foot office building in San Francisco, has received $61 million in financing. The building is located at 465 California Street.
Merchants Exchange Building was built in 1903. It is one of the only trophy buildings to survive the 1906 earthquake in San Francisco.
Financing was arranged by Jeffrey Weidell and Andrew Slaton of NorthMarq Capital's San Francisco regional office. The duo had initially arranged about $47.5 million in financing, before advancing an additional $13.5 million. The advance will mature in 11 years, along with the existing debt.