The Swig Co., SKS Partners buy San Francisco trophy office

The Swig Co. and SKS Partners have completed the purchase of 350 California, a headquarters-quality, class-A office tower in the heart of San Francisco’s financial district.

The seller was Mitsubishi UFJ Financial Group (MUFG). The sales price was not disclosed.

“The acquisition of 350 California Street reflects the certainty that The Swig Co. and SKS Partners have in San Francisco’s continued role as a center of business and innovation,” said Paul Stein, managing partner, SKS Partners. “We are confident in our city’s future and look forward to the tenancy of 350 California Street contributing to the vibrancy of downtown.”

350 California was built in 1976 and has been extensively renovated during the past seven years, including significant upgrades to lobby and tenant amenities, as well as seismic, elevator and building systems. The 22-story office building totals 297,642 square feet and averages roughly 16,000 square foot floorplates.