Chinese Money Pushes Lincoln Property Office Tower Forward

The long-awaited 350 Bush is set to debut in 2017, and when it does, it will be the first new office building built north of Market in almost two decades—and possibly the last in the crowded Financial District. Developer Lincoln Property Co weathered the economic downturn after acquiring the site in 2007. Last year it got the capital needed to push the project after Chinese company Gemdale Group picked it for its first investment, reports the San Francisco Business Times. Hathaway Dinwiddie started construction in December, and workers are now excavating the project’s underground parking. The 372k SF building doesn’t have any signed leases yet, but the developer is confident it will attract tech; Microsoft is right next door. Asking rents are more than $60/SF. [SFBT]

Continue reading this story with a free account

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

JPMorgan's Chicago Office Renovation Costing Bank Over $800M, Dimon Says

BXP Lands Equity Partner For Madison Avenue Office Project

High-Profile CBRE Chicago Exits Continue As 3 More Leave For Cushman & Wakefield

2 San Jose Multifamily Towers Change Hands For Combined $380M

Foreclosure Suit Filed At Stalled Penn Plaza Life Sciences Project

Chicago Office Tower Sells For $550M To Zara Founder In Blockbuster Deal

Rents Smash Expectations At GPE

Wonderful Real Estate Inks Major Land Deals, Sells 1M SF Facility Near Bakersfield

JPMorgan Relocating, Expanding Philly Office

JLL Nabs Brokerage Team With Over 75 Years Combined At Rival CBRE

WeWork's UK and Ireland General Manager On How Hospitality Is Raising The Bar For The Modern Office

Microsoft Sues JLL For Protection Against Lawsuit At NYC Office Project