SAN FRANCISCO-Invesco Real Estate has completed its purchase of 101 Second St., a 26-story, 388,370-square-foot office tower in the city's South Financial District.

The seller was the San Francisco office of Hines, advised by CBRE.

“101 Second Street is a strong addition to our national portfolio. The property's location, quality and leasing status are an ideal fit with our long-term investment approach,” said Bill Grubbs, managing director of Invesco Real Estate.

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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.