Thursday 29 October 2020

Shvo, Deutsche Finance close on Transamerica Pyramid for $650M

A group led by Michael Shvo’s eponymous firm and Deutsche Finance America has purchased the Transamerica Pyramid, located in San Francisco’s Financial District, for $650 million, Bloomberg reported. In a joint statement Wednesday, the group described the 48-story skyscraper as “San Francisco’s most recognizable office tower and a fixture in the waterfront skyline for nearly 50 years.” Opened in 1972, the tower at 600 Montgomery Street has never been sold before. The sellers, Dutch insurance



source https://therealdeal.com/2020/10/29/san-franciscos-transamerica-pyramid-sells-for-650m/

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