JLL arranges $350M refinancing for San Francisco office asset

JLL secures $350m refinancing for San Francisco office asset

JLL has arranged a $350 million refinancing for 225 Bush Street, a historic, Class A office asset totaling 580,000 square feet in San Francisco.

JLL worked on behalf of the owner, Kylli, Inc. Deutche Bank provided the fixed-rate loan for the San Francisco office asset.

The JLL Capital Markets team representing the borrower was led by Managing Director Jordan Angel and supported by Analysts Taylor Gimian and Andie Fezell.

225 Bush Street was constructed in 1922 as the Standard Oil Building for John D. Rockefeller by world-renowned architect George W. Kelham. At the time of its completion, the 22-story Class A office tower was the tallest building in San Francisco.

The building is 100% leased to 31 tenants representing the technology, media, business services, consulting and finance industries. Located on the corner of Sansome and Bush Streets, 225 Bush Street offers exceptional accessibility to the Financial District, South of Market (SOMA), Union Square and Jackson Square neighborhoods as well as major public transportation hubs including Transbay Transit Center and Park, the Ferry Terminal, Montgomery and Embarcadero BART stations.