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San Francisco’s Iconic Transamerica Pyramid Building Being Sold for $700 Million

Property’s First Sale Would Be City’s Second-Biggest Office Deal on Record

The Transamerica Pyramid building has been a mainstay of the San Francisco skyline since its 1972 opening. (CoStar)
The Transamerica Pyramid building has been a mainstay of the San Francisco skyline since its 1972 opening. (CoStar)

San Francisco’s iconic Transamerica Pyramid building is being acquired by New York-based developer Michael Shvo for more than $700 million, a near-record price for one of the most expensive office markets in the country.

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