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San Francisco Financial District ‘Jewel Box’ Secures $30M in Financing

The Chancery, a 62,421-square-foot, transit-oriented building on Market Street in San Francisco, received $30 million in financing. HFF’s Jordan Angel worked on behalf of the borrower, Chelsea Pacific Group, to secure a term loan through Chase Commercial Term Lending.

Originally built in 1923, The Chancery is a seven-story building featuring ground-floor retail with office space on the floors above. The property at 564 Market St. was extensively renovated in 2015, and is fully-leased to a diverse roster of tenants, including Starbucks and Per Diem Restaurant on the ground floor.

Angel says, “The property’s extraordinary access to BART and MUNI transportation options, as well as the incredible job the owner has done in renovating a historic building, makes this one of the best jewel box assets in downtown San Francisco.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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