939-Ellis-St-San-Francisco-CA

NKF Negotiates $49M Sale of Office Building in San Francisco’s Van Ness Corridor

by Amy Works

SAN FRANCISCO — NKF Capital Markets has brokered the sale of an office building located at 939 Ellis St. in the Van Ness Corridor of San Francisco. A joint venture between Seattle-based Columbia Pacific Advisors and San Francisco-based Long Market Property Partners sold the property to The Seavest Investment Group for $49 million.

The seven-story building features 87,190 square feet of rentable office space, 53 parking stalls and a 4,460-square-foot patio roof deck with views of downtown San Francisco.

Kyle Kovac, Michael Taquino, Daniel Cressman and Mandy Lee of NKF Capital Markets represented the seller, while the buyer, assisted by Meridian, was self-represented in the transaction.

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