SAN FRANCISCO-Jones Lang LaSalle Capital Markets experts have completed the sale of the Adam Grant Building in San Francisco on behalf of Seagate Properties. The 14-story historic landmark office building located at 114 Sansome Street was sold to a global Real Estate Fund managed by Credit Suisse AG.

Managing directors Rob Hielscher, Michel Seifer and VP Aaron Herter led the JLL team representing Seagate. Lacy, Ltd. advised Credit Suisse Real Estate Asset Management.

“The Adam Grant Building is a one of San Francisco's premier landmark office buildings, and it offers the desirable combination of strong income stream security and significant upside potential,” said Seifer.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.