{"id":1004692568,"date":"2023-12-04T13:25:07","date_gmt":"2023-12-04T21:25:07","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004692568"},"modified":"2023-12-05T06:00:19","modified_gmt":"2023-12-05T14:00:19","slug":"madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/","title":{"rendered":"Madison Capital, Taconic Provide $40M for San Francisco Acquisition"},"content":{"rendered":"<div id=\"attachment_1004692759\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004692759\" data-attachment-id=\"1004692759\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/180-howard-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg\" data-orig-size=\"794,610\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"180 Howard St\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco\u2019s South Financial District. Image courtesy of the State Bar of California&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg?w=794\" class=\"wp-image-1004692759 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg?w=300\" alt=\"The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco\u2019s South Financial District\" width=\"300\" height=\"230\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg 794w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg?resize=300,230 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg?resize=768,590 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004692759\" class=\"wp-caption-text\">The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco\u2019s South Financial District. <em>Image courtesy of the State Bar of California<\/em><\/p><\/div>\n<p><strong>Madison Capital<\/strong> and <strong>Taconic Capital Advisors<\/strong> LP have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco\u2019s South Financial District.<\/p>\n<p><strong>The State Bar of California<\/strong> announced separately that it had sold the 13-story, 211,000-square-foot, Class A building, its San Francisco headquarters for the past 25 years, to <strong>Ridge Capital Investors<\/strong> for $54 million. The State Bar had purchased the property in 1996 for $22.5 million, according to CommercialEdge data.<\/p>\n<p>The State Bar of California, a regulatory agency overseeing California attorney licensing and discipline, is the only independent state court in the U.S. dedicated solely to overseeing attorney discipline.<\/p>\n<p>The agency plans to stay in its space for about a year, after which it will consolidate its operations into about half (68,000 rentable square feet) of its current footprint.<\/p>\n<p>180 Howard St. is in the Spear Street Corridor and close to the Transbay Termination, Ferry Building and Embarcadero waterfront.<\/p>\n<hr \/>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/is-cre-lending-bottoming-out\/\">Is CRE Lending Bottoming Out?<\/a><\/p>\n<hr \/>\n<p>In a prepared statement, Jonathan Nachmani, managing director at Madison Capital, and Andrew Lam, director in Taconic Capital Advisors\u2019 Commercial Real Estate Group, praised the building\u2019s transit-oriented location, strong cash flow and sound business plan, despite San Francisco\u2019s current economic challenges.<\/p>\n<p>In the run-up to this transaction, a California state audit reportedly had determined that the State Bar needed an increase in attorney licensing fees to meet its public responsibilities. However, this year\u2019s licensing fee bill did not contain a fee increase, although it did allow the State Bar to use proceeds from the sale of 180 Howard to address the agency\u2019s operational needs while the state legislature considers a fee increase for 2025.<\/p>\n<p>Facing that issue in addition to experiencing the ubiquitous situation of fewer employees in the office day to day, the State Bar in 2021 began efforts to sell the building, assisted by <strong>Cushman &amp; Wakefield<\/strong>.<\/p>\n<h2>Rough waters by the bay<\/h2>\n<p>The San Francisco office market has now gone through eight straight quarters of negative net absorption, totaling about 5.1 million square feet of negative absorption so far this year, according to a third-quarter report from <strong>Kidder Mathews<\/strong>. Total office vacancy has hit 28.8 percent, with sublease supply steadily exceeding demand.<\/p>\n<p>Kidder Mathews notes a \u201cflight to quality,\u201d however: \u201cPremier Class A offices with desirable amenities and views remain highly competitive and have asking rates well over $80 per square foot full service, with the very best suites commanding rents north of $100 per square foot full service.\u201d<\/p>\n<p>As if to illustrate the City by the Bay\u2019s office woes, earlier this month <a href=\"https:\/\/www.commercialsearch.com\/news\/rubicon-pays-72m-for-san-francisco-office-building\/\">Rubicon Point Partners acquired The Townsend Building<\/a>, a 137,000-square-foot asset, for $72 million, a hefty discount from the $132.6 million that the seller, <strong>CBRE Investment Management<\/strong>, had paid just three years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Bar of California will continue to occupy much of the office building.<\/p>\n","protected":false},"author":882,"featured_media":1004692759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21783,21742,21747,1609,15],"tags":[32799,33612,45377,33477,37854],"class_list":["post-1004692568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-investment","category-latest","category-office","category-san-francisco","category-west","tag-cushman-wakefield","tag-kidder-mathews","tag-madison-capital-group","tag-ridge-capital-investors","tag-taconic-capital-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Madison Capital, Taconic Provide $40M for San Francisco Acquisition - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Madison Capital and Taconic Capital Advisors have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Madison Capital, Taconic Provide $40M for San Francisco Acquisition\" \/>\n<meta property=\"og:description\" content=\"Madison Capital and Taconic Capital Advisors have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-04T21:25:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-05T14:00:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"794\" \/>\n\t<meta property=\"og:image:height\" content=\"610\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Baltic\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/\"},\"author\":{\"name\":\"Scott Baltic\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"headline\":\"Madison Capital, Taconic Provide $40M for San Francisco Acquisition\",\"datePublished\":\"2023-12-04T21:25:07+00:00\",\"dateModified\":\"2023-12-05T14:00:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/\"},\"wordCount\":496,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/12\\\/180-Howard-St.jpg\",\"keywords\":[\"Cushman &amp; Wakefield\",\"Kidder Mathews\",\"Madison Capital Group\",\"Ridge Capital Investors\",\"Taconic Capital Advisors\"],\"articleSection\":[\"Finance\",\"Investment\",\"News\",\"Office\",\"San Francisco\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/\",\"name\":\"Madison Capital, Taconic Provide $40M for San Francisco Acquisition - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/12\\\/180-Howard-St.jpg\",\"datePublished\":\"2023-12-04T21:25:07+00:00\",\"dateModified\":\"2023-12-05T14:00:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\"},\"description\":\"Madison Capital and Taconic Capital Advisors have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/12\\\/180-Howard-St.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/12\\\/180-Howard-St.jpg\",\"width\":794,\"height\":610,\"caption\":\"The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco\u2019s South Financial District. Image courtesy of the State Bar of California\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Madison Capital, Taconic Provide $40M for San Francisco Acquisition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/61ac1450f3ffaa0e850b834c28526555\",\"name\":\"Scott Baltic\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2022\\\/06\\\/Scott.jpg?w=96\",\"caption\":\"Scott Baltic\"},\"description\":\"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/scott-baltic\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Madison Capital, Taconic Provide $40M for San Francisco Acquisition - Commercial Property Executive","description":"Madison Capital and Taconic Capital Advisors have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/","og_locale":"en_US","og_type":"article","og_title":"Madison Capital, Taconic Provide $40M for San Francisco Acquisition","og_description":"Madison Capital and Taconic Capital Advisors have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco.","og_url":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2023-12-04T21:25:07+00:00","article_modified_time":"2023-12-05T14:00:19+00:00","og_image":[{"width":794,"height":610,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/"},"author":{"name":"Scott Baltic","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"headline":"Madison Capital, Taconic Provide $40M for San Francisco Acquisition","datePublished":"2023-12-04T21:25:07+00:00","dateModified":"2023-12-05T14:00:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/"},"wordCount":496,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg","keywords":["Cushman &amp; Wakefield","Kidder Mathews","Madison Capital Group","Ridge Capital Investors","Taconic Capital Advisors"],"articleSection":["Finance","Investment","News","Office","San Francisco","West"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/","url":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/","name":"Madison Capital, Taconic Provide $40M for San Francisco Acquisition - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg","datePublished":"2023-12-04T21:25:07+00:00","dateModified":"2023-12-05T14:00:19+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"description":"Madison Capital and Taconic Capital Advisors have provided $40 million in financing for the acquisition of 180 Howard St. in San Francisco.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg","width":794,"height":610,"caption":"The State Bar of California will continue to occupy much of the office building at 180 Howard St. in San Francisco\u2019s South Financial District. Image courtesy of the State Bar of California"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/madison-capital-taconic-capital-provide-40m-for-san-francisco-acquisition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Madison Capital, Taconic Provide $40M for San Francisco Acquisition"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/12\/180-Howard-St.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004692568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004692568"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004692568\/revisions"}],"predecessor-version":[{"id":1004692902,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004692568\/revisions\/1004692902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004692759"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004692568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004692568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004692568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}