WeWork Cos. Inc. parent The We Co., through its new investment fund called ARK, acquired the 600 California St. office building in San Francisco for roughly $330 million, marking its first acquisition in the city, the San Francisco Business Times reported, citing public records and people familiar with the transaction.
The 20-story, 360,000-square-foot property was sold by Bentall Kennedy, which paid about $216.5 million for it in 2014, according to the Sept. 4 report.
WeWork had first leased 73,000 square feet at the property in 2016.
WeWork declined to comment, and Bentall Kennedy did not immediately respond to requests for comment, according to the report.
