The WK Law firm represented HNA Group selling San Francisco Office Tower at 123 Mission Street to Northwood Investors for about $300 million in May, 2018. Mr. Allen Wu, the executive Partner of Wu & Kao represented HNA Group at Closing. Northwood Investors is a privately-held real estate investment advisor that was founded in 2006 by John Z. Kukral, the former President and CEO of Blackstone Real Estate Advisors.
On August19, 2016, the WK Law Firm also supports HNA Group in the acquisition of San Francisco Office Tower for $ 250 Million from Great Eagle Holdings, a Hong Kong Listed Company, through Leveraged Buyout supported by The Blackstone Group.
San Francisco Office Tower is a LEED Platinum, 346,435 square foot, creative Class A office tower strategically positioned on the premier Mission Street corridor in San Francisco’s thriving South Financial District. With its central location, stunning bay and city views, and highly desirable side core floor plates, 123 Mission has been able to consistently attract a premier roster of elite technology and financial services tenants. Currently, 95% of the tenant space has been occupied by large and medium size enterprises, including Salesforce, New Relic, Inc., and Marin Software, Inc.
This deal is another successful acquisition we provided legal advice for HNA Group following 1180 Avenue of Americas, four-star Cassa Hotel and 850 Third Avenue in Midtown Manhattan.
Wu & Kao plays a leading role in the U.S. and China legal fields. We specialize in Capital Markets, Cross Border Investment, Real Estate, Corporation, IP, Media Law, International Trade and Litigation etc. We are familiar with Eastern and Western business culture and values. Our goal is to support enterprises to establish a new milestone.