Regions West | San Francisco
PREI Takes San Francisco Tower
Jan 7, 2008

Principal Real Estate Investors has announced that it has acquired 150 Spear Street office tower in San Francisco, Calif. No financial details were released. The 257,000-square-foot building is on the Spear Street corridor in San Francisco’s South Financial District. The property has unobstructed views of San Francisco Bay, as well as easy access to the Bay Bridge and Highways 101 and 280. Constructed in 1981, the 18-story Class A office building has underground parking and a continuous ribbon window line. The property is currently 78 percent leased.

 
Recent San Francisco Headlines
Sports Network to Relocate HQ to 32,000-SF Digs
Aug. 01, 2008
With the signing of a lease for 32,000 square feet in the 450,000-square-foot office building at 370 3rd Street in San Francisco, Comcast SportsNet Bay Area will forsake its current Union Square locale for larger digs in the South of Market district.
Studley Report Says Sublease Space Floods San Fran Office Market
July 23, 2008
A total of 700,000 square feet of sublease space flooded the San Francisco office market over the last three months, pushing the overall availability rate to 14.8 percent, an increase of 1.6 percentage points as compared to the first quarter of 2008.
Colliers International Introduces Urban Landlord Partners
July 23, 2008
Colliers International announces the formation of the Urban Landlord Partners, which focuses on the needs of institutionally owned assets located in downtown core markets.
JV Closes Purchase of San Fran Business Park
July 18, 2008
A joint venture between Shorenstein Properties L.L.C. and SKS Investments completed the acquisition of Oyster Point Business Park and Oyster Cove Marina, a six-building flex/industrial property in South San Francisco, Calif.
San Fran M-F Hits Market
July 16, 2008
Marcus & Millichap has announced the listing of a 74-unit multi-family complex in San Francisco.