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Moody's Stays Put

After pondering a move across the Bay this year, the ratings agency decided to stay put at its 405 Howard digs, having just renewed and expanded under a 69k SF lease. Why the decision to renew? Overall, they like it there, according to Cushman & Wakefield, which repped the tenant. The deal, which closed before Q3 ended, was the fifth biggest lease in the city during the quarter, according to a new Avison Young report (Avison repped 405 in the Moody's deal). The top four were Google's 242k SF lease at One Market, Lending Club's 115k SF renewal and expansion at 71 Stevenson, Dodge & Cox (111k SF) and Fenwick & West (76k SF), both renewals and expansions at 555 Cal.

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Related Topics: Lending Club, Moody's, One Market
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