Rockpoint Group listed 100 Pine Street in San Francisco, The Real Deal reported October 26, citing the San Francisco Business Times. The 33-story Financial District tower spans about 402,000 SF and is roughly three-quarters occupied. JLL holds the listing.
Rockpoint paid $287.5M in 2017, roughly $714 per SF. Marketing materials describe the building as available below replacement cost, but current asking price and an independent replacement-cost estimate were not disclosed. This is a marketing claim, not a verified valuation.
The report cites 8.5M SF of active tenant requirements in the city, more than double 2022, and leasing volume double September 2023. Tenant requirements indicate interest, not signed leases.
Other properties provide context: 1 De Haro traded for $103M, or $771 per SF, in June; 221 Main has pricing guidance near $650 per SF, or $250M. Those figures do not establish 100 Pine’s value or a seller loss. In-place rents, financing and the cost of leasing vacant space remain unreported.
Key Takeaways
- Sellers now argue replacement cost; buyers price the vacant quarter.
- 100 Pine: about 402,000 SF, about 75% occupied; bought 2017 for $287.5M, about $714 per SF
- Active SF tenant requirements 8.5M SF, more than double 2022
- Comps: 1 De Haro $771 per SF (June 2026); 221 Main guided near $650 per SF
- Asking price, loan and in-place rents not reported
The Real Deal — Rockpoint lists downtown SF offices, October 26, 2026 · https://therealdeal.com/san-francisco/2026/10/26/rockpoint-group-seeks-buyer-for-downtown-san-francisco-offices/
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