Overview
- Bloomberg and multiple outlets report Yoda Plc has agreed to buy the 48‑story tower along with two adjacent buildings that span an entire city block of roughly 750,000 square feet.
- The transaction has not closed and the price has not been disclosed, with key parties declining to comment at publication.
- Michael Shvo and Deutsche Finance America acquired the property in 2020 for $650 million and led roughly $400 million in upgrades before reopening the complex in 2024.
- Leasing after the overhaul reached more than 85 percent with some rents topping $300 per square foot, including deals with firms such as Tiger Global.
- The prospective sale follows BVK‑reported losses tied to ventures with Shvo and Deutsche Finance, while brokers say a Yoda purchase could signal renewed foreign interest in San Francisco trophy offices.