Vornado’s Field Trip to San Fran

In that other big tech city across the country, our San Fran reporter snapped a few Vornado folks celebrating the REIT's 555 California St tree lighting and its almost lease-up (98%) thanks to a B of A renewal and a big tech name close to signing on two floors in the 1.8M SF, three-building complex: Paul Heinen out of Vornado's Chicago office; NYC's Edward Riguardi, David Greenbaum, and Glen Weiss; and CAC Group's Bill Cumbelich, whose firm has been leasing the property since Vornado bought a 70% interest in '07 (CBRE Group bought CAC on Friday).

Catchier-than-you-want-her-to-be pop singer Carly Rae Jepsen played the after party. As start-ups get bigger and space scarcer in San Fran's South of Market submarket, tech companies aren't limiting themselves to renovated warehouses anymore. We hear 555 Cali offers 30k SF floor plates, high ceilings, and stellar views, so while this may be crazy, call Bill maybe.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

How Long Island Projects Can Cut Through Red Tape And Community Opposition To Cross The Finish Line

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

BXP's 343 Madison Lands $1.2B Loan, Nears Deal With Equity Partner