{"id":1004805185,"date":"2026-07-14T02:56:06","date_gmt":"2026-07-14T10:56:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004805185"},"modified":"2026-07-14T04:35:06","modified_gmt":"2026-07-14T12:35:06","slug":"exclusive-tishman-speyer-mixed-use-lands-118m-refi","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/exclusive-tishman-speyer-mixed-use-lands-118m-refi\/","title":{"rendered":"Exclusive: Tishman Speyer Mixed-Use Lands $118M Refi\u00a0"},"content":{"rendered":"
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The 23-story tower sits 1070 Bridgeview Way and is part of the larger Mission Rock development alongside The Canyon, a 283-unit community at

1023 3rd St. Image courtesy of Yardi Matrix<\/em>
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Tishman Speyer has obtained a $117.8 million loan for Verde at Mission Rock, a 315,000-square-foot mixed-use property in San Francisco, according to Yardi Matrix information. Ares Management issued the note.<\/p>\n\n\n\n

Previously, the property was subject to a $116.2 million construction loan, which Wells Fargo originated in 2022, the data provider shows. Partners on the 2024-completed building included Studio Gang and Quezada Architecture in charge of architecture and design, landscape architect GLS and Webcor as general contractor.<\/p>\n\n\n\n

Previously known as Mission Rock Building F, the 23-story tower is at 1070 Bridgeview Way. Sitting on less than 1 acre, it is part of the larger Mission Rock mixed-use development alongside The Canyon, a 283-unit community at 1023 3rd St.<\/p>\n\n\n\n

Verde at Mission Rock sits on the city\u2019s waterfront next to the San Francisco Port and China Basin Park. It is close to Oracle Park, the Chase Center and the San Francisco Bay Trail, as well as 3 miles from the downtown area.<\/p>\n\n\n\n

A San Francisco waterfront community<\/h2>\n\n\n\n

The mixed-use building comprises 25,000 rentable square feet of office space and eight ground-level retail spaces. Additionally, the LEED Gold-certified Verde at Mission Rock encompasses 254 market-rate apartments and 59 affordable housing units.<\/p>\n\n\n\n

Studio by Tishman Speyer leases the second through fourth floors. The tenant roster also includes retailers LuxFit, Proper Food, Arsicault Bakery, Quik Dog and Ike\u2019s Love & Sandwiches. CBRE oversees leasing at the property. Moreover, the property is subject to a 75-year unsubordinated net ground lease held by the San Francisco Port Commission that expires in 2095.<\/p>\n\n\n\n

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