From The Real Deal:
Wells Fargo has listed a 13-story office tower in Downtown San Francisco a week after it renewed a major lease.
The price on the 355,000-square-foot building it once occupied at 550 California St. is $160 million,, the San Francisco Business Times reported. The ask comes out to $450 per square foot.
Wells Fargo bought the 62-year-old building in 2005 for $107.9 million, or $324 per square foot. JLL is handling the listing.
The move comes after the company said it would whittle down its local real estate holdings by 7 percent to cut costs.
Continue reading Wells Fargo puts 335K sf tower up for sale in SF on The Real Deal
Do you have a complaint about Wells Fargo, such as locked accounts or overcharges? Please tell us your issue and we’ll reach out if and when we can help.