PRESS RELEASE:San Francisco Office Market Continues Strong Performance

http://nreionline.com/nreiwire/press-releasesan-francisco-office-market-continues-strong-performance

PRESS RELEASE:San Francisco Office Market Continues Strong Performance
Megan Dolan
Nov. 25, 2013

SAN FRANCISCO — On behalf of a large pension fund advisor, Jones Lang LaSalle’s Capital Markets experts announced the $80 million sale of the Monadnock Building, a 204,625-square-foot office building located at 685 Market Street in the heart of San Francisco’s South Financial District, to Brookfield Office Properties.

San Francisco Office Market Continues Strong Performance

http://www.joneslanglasalle.co.za/Pages/NewsItem.aspx?ItemID=29670

San Francisco Office Market Continues Strong Performance

JLL closes $80 million sale of landmark Monadnock Building in South Financial District

SAN FRANCISCO, Nov. 21, 2013 — On behalf of a large pension fund advisor, Jones Lang LaSalle’s Capital Markets experts announced today the $80 million sale of the Monadnock Building, a 204,625-square-foot office building located at 685 Market Street in the heart of San Francisco’s South Financial District, to Brookfield Office Properties.

Tech Sector Continues to Drive San Francisco Office Market in Sharp Contrast to Rest of Tenant Base

http://www.studley.com/9c1d8ee7-9e58-4725-a007-cb0426a70d0b/our-firm-press-room-detail.htm

Tech Sector Continues to Drive San Francisco Office Market in Sharp Contrast to Rest of Tenant Base

San Francisco, CA (November 1, 2013) - The tech sector continues to drive the San Francisco office market, with the rapid expansion of local companies as well as an influx of Valley firms and others from outside the region contributing to the acceleration. Following a sluggish first half of 2013, tech companies resumed their aggressive pursuit of space in the third quarter, according to the San Francisco Studley Report, Studley’s analysis of office market conditions in the city. Overall leasing volume equaled three million square feet, significantly higher than the historical quarterly average of 1.9 million square feet.

Bay Area Office Market Still Hot

http://sf.uli.org/san-francisco/bay-area-office-market-still-hot/

Bay Area Office Market Still Hot
Posted on June 20, 2013 by ULI

On Tuesday, June 11 well over two hundred industry enthusiasts gathered at the Hyatt Regency in San Francisco to hear the office sector’s finest professionals opine on market conditions as well as inform attendees about their current projects.

Kidder Mathews: San Francisco Office Market – 1st Quarter 2013

http://news.theregistrysf.com/kidder-mathews-san-francisco-office-market-1st-quarter-2013/

Kidder Mathews: San Francisco Office Market – 1st Quarter 2013
Posted on April 8, 2013 by publisher in News Releases Market Overview

Vacancy: DOWN from 9.5% to 9.2%

Net Absorption: UP 367,259

Average Asking Rental Rates: UP from $38.17 to $39.02

New Office Construction: UP

Notable Lease Transactions

1.101 Spear, Salesforce.com, 228,721 s.f.
2.1455 Market, Square Inc, 85,111 s.f.
3.760 Market, Obvious Corporation, 75,000 s.f.
4.60 Spear St, Rodan+Fields, 62,524 s.f.
5.1 Market, McKenna, Long & Aldridge, 42,288 s.f. (sublease)