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NY Life Offloads 112,000 SQFT Sausalito Office Campus for $32MM, as Buyer Eyes Housing Conversion

Summary by The Registry
New York Life Insurance Company has sold its waterfront office property at 1 Harbor Drive in Sausalito, California, for $32 million—a steep 39 percent discount from its 2019 purchase price of $52.65 million, according to public records and real estate sources. The transaction closed on November 26, 2025, with an entity affiliated with Transwestern Investment […] The post NY Life Offloads 112,000 SQFT Sausalito Office Campus for $32MM, as Buyer E…
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The Registry broke the news in on Monday, December 8, 2025.
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