Cannon Design to 201 Mission, Marriott International to 45 Fremont
February 22nd, 2009 Filed Under Financial District, South of Market, Tenant Activity
Cannon Design has signed to take 9,000 square feet at 201 Mission Street according to the San Francisco Business Times, and the Costar Group has reported that the administrative offices of Marriott International has leased 19,000 square feet at 45 Fremont.
The 201 Mission lease was actually a sublease, 1/2 a floor from the Lexis Nexis, while the Marriott lease was on a direct basis from Shorenstein, who represented themselves. These two transactions don’t tell us very much about the direction of pricing in the marketplace, but they do let us know that activity is occurring and some tenants are deciding that now is the time to dive in and commit to future costs. As I have mentioned previously, timing the market can be dangerous [More...]
Skyline Review breaks down space availability in downtown San Francisco
February 13th, 2009 Filed Under Development Updates, Financial District, Mission Bay, North Beach/ Waterfront, South of Market, Tenant Activity, Zoning & City Hall Issues
The San Francisco Chronicle this past week covered a report that was created by my firm, Jones Lang LaSalle, that details the available office space in downtown San Francisco.
Our research department truly does outstanding work, and for this report the data was given a beautiful visual representation by our great graphics people. Normally I don’t cover our reports on this site, but rather I try to focus on real events that occur in the marketplace that have a direct affect on what my clients may pay in rent. In this case however I am proud to be associated with such professionalism and I am certain this type of support makes me a better agent.
Despite the associated picture only detailing 11 properties, the original piece details San Francisco’s top 30 buildings and includes written market updates and relevant recent news and information. I would be happy to supply you with a hard copy of the report, feel free to reach out to me if you are interested in getting a hold of a physical copy. [More...]
