Aug
28
McKesson Plans Sale-Leaseback of San Francisco HQ
ByThe 38-story tower at One Post St. might fetch as much as $275 million.
One Post St., San Francisco
San Francisco—JLL is marketing One Post St. in San Francisco, the corporate headquarters of healthcare giant McKesson Corp., in what is expected to be a major sale-leaseback deal.
Located at the corner of Post and Market streets adjacent to the Montgomery BART station in the city’s Financial District, the 38-story office building was completed in 1969. McKesson had a 50 percent stake in the property when it was built and acquired the remaining 50 percent in 2012. It paid $90 million for the stake in 2012, according to data provided by Yardi Matrix…
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