THE ROCKEFELLER GROUP SELLS 50 BEALE STREET TO PARAMOUNT GROUP

Rockefeller Group Investment Management Corp. (RGIM), on behalf of a joint venture of Rockefeller Group U.S. Premier Office Fund LP (POF) and Mitsubishi Estate New York (MENY), has sold 50 Beale St. in the heart of San Francisco’s South Financial District for approximately $395 million, or $596 per square foot.  The buyer was Paramount Group, Inc.  RGIM was advised by Eastdil Secured. The property was acquired by RGIM on behalf of the joint venture in September 2012.  Designed by Skidmore

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