SF Office Towers Land $975M Refi
ByThe buildings are part of One Market Plaza, a 1.6 million-square-foot Class A office-and-retail development in the South Financial District.
One Market Plaza, San Francisco
San Francisco—Paramount Group, Inc., has completed a $975 million refinancing of One Market Plaza, a 1.6-million-square-foot Class A office and retail development, located in the South Financial District of San Francisco.
Eastdil Secured LLC arranged the financing for the property, with a loan provided by Goldman Sachs Mortgage Co., Morgan Stanley Bank N.A., Deutsche Bank AG, New York Branch and Barclays Bank PLC. The new seven-year interest-only loan matures in January 2024 and has a fixed rate of 4.03 percent…