Jason Roth of PSRS closes the $17MM sale of 100 Columbus Ave

Jason Roth of PSRS closes the $17MM sale of 100 Columbus Ave

SAN FRANCISCO, September 1, 2021

PSRS announced today that it has closed the $17 million sale of 100 Columbus Avenue to a confidential buyer. The 100-unit, SRO with ground floor retail is located just a block away from the Transamerica Tower in Downtown San Francisco.

Jason Roth of PSRS’s Los Angeles office marketed the property alongside the JLL Capital Markets Team which includes Director Nolan Moore and Associate Max Machiorlette. Maura O’Connor of O’Connor Cochran LLP provided legal counsel for the seller.

The buyer was represented by Managing Director Cody Bishop and Executive Managing Director Gary Horowitz of JLL.

“COVID-19 and the local restriction that followed it had a significant impact on the San Francisco housing market, the pricing we were able to achieve on this trade is a testament to Mr. Domergue’s upkeep of the property as well as the long-term value investors see in San Francisco. We are excited to bring this deal across the finish line and want to thank the buyer for the cooperation throughout this complex transaction.”

Feel free to reach out to us with any questions or with any opportunities that you would like to discuss with us!

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