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Investor Closes on San Francisco's Transamerica Pyramid at Discount

SHVO Joint Venture Buys Storied Office Tower in City's Priciest Sale of Year
The deal to acquire San Francisco's Transamerica Pyramid has officially closed after nearly a year's worth of delays. (Getty Images)
The deal to acquire San Francisco's Transamerica Pyramid has officially closed after nearly a year's worth of delays. (Getty Images)
CoStar News
October 28, 2020 | 11:20 P.M.

The sale of San Francisco's storied Transamerica Pyramid has officially closed for $650 million, the priciest workspace sale in the nation's most expensive office market this year. Still, the price reflects a discount after enduring delays, financing complications and a global pandemic.

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News | Investor Closes on San Francisco's Transamerica Pyramid at Discount