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S.F.'s Top 5 Leases of Q1

    S.F.'s Top 5 Leases of Q1

    The S.F. market is still heating up and tenants are grabbing up chunks of space. Our pals at Avison Young helped us track down the top five leases of Q1.

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    1. Uber

    1. Uber

    Address: 555 Market

    Landlord: Manulife

    SF: 173k SF

    Uber is creeping up on Salesforce in terms of square footage taken across the city, having just signed for a big block on Market Street and eating up the space Omnicom is leaving behind.

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    2. Advent Software

    2. Advent Software

    Address: 600 Townsend

    Landlord: TODA America

    SF: 129k SF

    The tech co inked a renewal this quarter for a big chunk of this SoMa building.

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    3. First Republic

    3. First Republic

    Address: 388 Market

    Landlord: Honorway Investment Corp 

    SF: 100k SF

    The bank renewed because it has a large block at 111 Pine and 1 Front and wished to stay close to “the campus," according to Dunhill Partners West CEO Mark Hutchinson, who brokered the deal. Plus First Republic enjoys significant signage on 388 Market and it’s a quality building in a quality location with underground valet parking and a private fitness center.

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    4. Cooley

    4. Cooley

    Address: 101 Cal

    Landlord: Hines

    SF: 100k SF

    The law firm decided to renew for 100k SF at the iconic Financial District tower.

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    5. MixPanel

    5. MixPanel

    Address: Orrick Buidling

    Landlord: Norges/TIAA-CREF

    SF: 60k SF 

    Custom Spaces recently brokered the deal, which had the analytics firm leave behind 17k SF at 799 Market. Mixpanel plans on doubling headcount every six to nine months. The company's also expanding to New York and building out a sales team thanks in part to a $65M round from Andreessen Horowitz.

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