Login

Hearst Corp. closes deal to buy downtown San Francisco office building

450 Sansome sale among priciest deals of past year despite discount
The 16-story tower at 450 Sansome St. in the city’s Financial District will serve as a temporary home for the New York-based mass media firm’s two local news operations, the San Francisco Chronicle and the SFGate. (CoStar)
The 16-story tower at 450 Sansome St. in the city’s Financial District will serve as a temporary home for the New York-based mass media firm’s two local news operations, the San Francisco Chronicle and the SFGate. (CoStar)
CoStar News
February 18, 2025 | 11:11 P.M.

Media conglomerate Hearst Corp. has closed a deal to buy a San Francisco office building for $47.5 million that will serve as a temporary home for its local news operations while it turns to developing a long-stalled condominium project.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE