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Office at 550 Kearny St. Changes Hands

Highridge/Montgomery Capital JV Gain Title of 196,000-SF Mid-Rise in San Francisco
By Dana Gorghis
March 29, 2011 | 2:01 P.M.

Highridge Partners and Montgomery Capital Partners took control of the 10-story office building at 550 Kearny St. in San Francisco. The buyers gained title through a deed in lieu of foreclosure after they had acquired a junior loan on the property from one of the lenders. The sale price amount of $37.7 million is the amount paid for the loan by the joint venture.

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