Levi’s Plaza in San Francisco sells for more than $800m
Levi’s Plaza in San Francisco, the headquarters of Levi Strauss & Co., has been sold to Jamestown. IREI reported the potential sale in May.
The sales price is estimated to be more than $800 million. The data firm Real Capital Analytics listed the price at around $820 million, which would make it one of the largest deals in city’s history, reported ABC.
In a statement, Jamestown president Michael Phillips praised the nine-building, roughly 930,000-square-foot property’s layout and open design, saying, “Levi’s Plaza provides respite from the largely vertical office environment in San Francisco,” and touting its use of outdoor space.