225 Bush Street

In 2012, Flynn Properties purchased a share in the former Standard Oil Building at 225 Bush Street that valued the building at $212 million.  Flynn’s plan was to renovate and redefine the building which was 70 percent occupied as a hub for creative technology companies in San Francisco.

This morning, a majority stake in the 22-story building which is now nearly 100 percent occupied was sold to Kylli Inc., a Chinese development firm.  Today’s deal valued the building at $350 million.

Current tenants at 225 Bush Street, which was built by John D. Rockefeller in 1922, include Groupon, Zillow, and Wells Fargo.

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Comments from “Plugged-In” Readers

  1. Posted by J

    Why mention groupon (Chicago) and zillow (Seattle) satellite offices but not the home grown Bay Area companies like Twitch and Lithium?

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