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1. therealdeal.com › sanfrancisco › 2023/06/06Wells Fargo to Take $60M Loss on 13-Story SF Office Tower

   therealdeal.com › sanfrancisco › 2023/06/06

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   Jun 6, 2023 · Wells Fargo Bank has found a mystery buyer for its 13-story office building in San Francisco’s Financial District, and appears poised to take a $60 million bath on the sale.

2. www.sfgate.com › bayarea › articleDowntown San Francisco office tower finally finds a buyer

   www.sfgate.com › bayarea › article

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   Jun 6, 2023 · Downtown San Francisco office tower expected to sell for half of its 2005 price. Wells Fargo put a 13-story San Francisco office tower at 550 California Street on the market for...

   • Author: Tessa Mclean

   • Occupation: California Editor

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4. sfstandard.com › 2023/06/05 › downtown-san-franciscoDowntown San Francisco Office Tower To Sell at Deep Discount

   sfstandard.com › 2023/06/05 › downtown-san-francisco

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   Jun 6, 2023 · An office building in the heart of San Francisco’s Financial District is poised to sell at less than half of what it was worth 18 years ago. A buyer has been selected for 550 California St., a 13-story tower owned by Wells Fargo, with a price of around $42.6 million, or $120 per square foot, according to commercial real estate sources.

5. www.bizjournals.com › sanfrancisco › newsA buyer has emerged for deeply discounted S.F. office tower ...

   www.bizjournals.com › sanfrancisco › news

   Jun 6, 2023 · Wells Fargo Bank has selected a buyer for a 13-story San Francisco office tower first listed for sale last summer, sources with direct knowledge of the deal have confirmed, but the building...

   • Email: lwaxmann@bizjournals.com
   • Works For: San Francisco Business Times

   • Occupation: Staff Reporter

6. therealdeal.com › sanfrancisco › 2023/04/27550 California Likely to Trade at Steep Discount - The Real Deal

   therealdeal.com › sanfrancisco › 2023/04/27

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   Apr 27, 2023 · Less than a year after coming to market with a $160 million asking price, the office tower at 550 California Street owned by Wells Fargo is likely to sell for about one-quarter of that price ...

7. www.sfgate.com › bayarea › articleWells Fargo puts 13-story San Francisco office tower on ...

   www.sfgate.com › bayarea › article

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   Jun 30, 2022 · Wells Fargo put a 13-story SF office tower at 550 California St. on the market for $160M. Another San Francisco office tower hit the commercial real estate market this week, this time...

8. People also ask

   How much did Wells Fargo sell a San Francisco office building for?

   • Wells Fargo put a 13-story San Francisco office tower at 550 California Street on the market for $160M. Another San Francisco office building has reportedly sold for far less than its original asking price.

   Downtown San Francisco office tower finally finds a buyer - SFGATE

   www.sfgate.com/bayarea/article/550-california-sf-office-tower-sold-18138808.php

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   How much does a 13-story tower cost in San Francisco?

   • First placed on the market last year for $160 million, the 13-story tower in the financial district will fetch between $42.6 million and $46 million, according to sources that shared knowledge of the deal with the San Francisco Business Times. That’s less than half of what owner Wells Fargo paid for the building in 2005.

   Downtown San Francisco office tower finally finds a buyer - SFGATE

   www.sfgate.com/bayarea/article/550-california-sf-office-tower-sold-18138808.php

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   Will Wells Fargo buy 550 California St?

   • Wells Fargo Bank has selected a buyer for a 13-story San Francisco office tower first listed for sale last summer, sources with direct knowledge of the deal have confirmed, but the building will sell for less than half what Wells paid nearly two decades ago. The San Francisco-based bank paid about $108 million for 550 California St. in 2005.

   Buyer under contract for deeply discounted Wells Fargo office tower in …

   www.bizjournals.com/sanfrancisco/news/2023/06/05/buyer-under-contract-for-steeply-discoutned.html

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   How much does a San Francisco office building cost?

   • Another San Francisco office building has reportedly sold for far less than its original asking price. First placed on the market last year for $160 million, the 13-story tower in the financial district will fetch between $42.6 million and $46 million, according to sources that shared knowledge of the deal with the San Francisco Business Times.

   Downtown San Francisco office tower finally finds a buyer - SFGATE

   www.sfgate.com/bayarea/article/550-california-sf-office-tower-sold-18138808.php

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9. www.sfchronicle.com › realestate › articleSan Francisco tower hitting the market could reset pricing ...

   www.sfchronicle.com › realestate › article

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   May 9, 2024 · The San Francisco office tower at 350 Bush St. hitting the market could reset commercial real estate pricing for city’s top office buildings. The building is the city’s first “trophy ...