trending Market Intelligence /marketintelligence/en/news-insights/trending/f8dn0a-xuEhQ6M2UnHO2_w2 content esgSubNav
In This List

Report: WeWork parent pays $330M for San Francisco office building

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Report: WeWork parent pays $330M for San Francisco office building

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.