Tishman Speyer's doing two spec buildings in tech-frenzied SoMA. This is the 290k SF Foundry III, which bills itself as creative, collaborative space ideal for high-tech media companies; high-tech Bisnow Media duly notes this, although at this time we may not need an entire 35k floor plate.
Also this morning, we snapped 220 Second where Tishman and JP Morgan are developing a parking lot into 450k feet of office.
Of course, it may not be spec for long. Here's Kilroy's 350 Mission, which had its groundbreaking with Sales Force now aboard to lease all 440k SF.
Or you can buy this old building here at 181 Fremont as developer Jay Paul did for $75M and rebuild.
What makes it so valuable? Perhaps being located next to the site of the Boston Properties-Hines planned Transbay Tower, which at 1,070 feet will be the tallest building ono the West Coast.
Or across from Millennium Tower, the tallest and ritziest residence in The City,where your neighbors include Joe Montana and which just sold its last condo this week ever since it started sluggishly in 2009.
