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1/14/15
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Recent signings of three new leases has brought One Sansome Street, an historic, 43-story office tower in San Francisco’s Financial District, to fully leased. New tenants include affordable fashion e-commerce mobile application Wish, international luxury real estate firm Sotheby’s, and mortgage industry focused cloud-based image and document sharing company, Capsilon Technologies.
The building is now 97 percent occupied, with 100 percent of the original 587.5k sf fully committed. The building is owned by Barker Pacific Group (BPG). Meade Boutwell, Phil Tippett, and Cori English of CBRE’s San Francisco office represented One Sansome in leasing the building.
Wish signed the largest of the three new deals, taking 54.5k sf for seven years. Wish will occupy the top two floors of One Sansome and plans to move this May. Jason Burch of CTBT was the tenant broker for Wish.
In two smaller deals, Sotheby’s has leased 2.5k sf on the sixth floor. Hudson Smythe of JLL was the broker for Sotheby’s International Realty. Capsilon Technologies leased 5.6k sf on the seventh floor and was represented by Shap Roder of CBRE.
BPG took ownership of One Sansome in a joint venture with Prudential Real Estate Investors in 2010 and serves as the property manager of the Class A office tower known as Citigroup Center. Construction on the high-rise began in 1983 and incorporated portions of the Holbrook Building that housed the Anglo and London Paris National Bank, which occupied the site from 1910-1981. One Sansome recently achieved LEED Platinum v.4 Certification in 2014, making it the first major office building in the world to obtain the highest green building standard.
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