Barker Pacific Group

One Sansome Street - San Francisco, California

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Scope

719,000 square feet of gross area, 617,000 net rentable area, 41-story office building

Challenge / Description

One Sansome St. sits atop a base that includes portions of a historic building that once housed the Anglo & London Paris National Bank. The building is named Citigroup Center at One Sansome - after the bank that built the tower in 1983 to house its West Coast operations. Citibank, who currently occupies 122,000 sq. ft. of space in the building, renewed its lease with BPG in 2011.

Upon acquisition by Barker Pacific Group and Prudential Real Estate Investors, the occupancy had fallen to 75% and common areas needed refurbishing. The BPG and Prudential joint venture has invested over $20 million to upgrade the building. The capital improvements include: new ceiling and lighting in the main lobby, new security console, new elevator cab interior finishes and lighting, and installation of multiple furniture and carpet arrangements in the lobby. The building is currently 98% leased.

Features

  • One Sansome - LEED Platinum 2014Upper-floor space with panoramic views of the San Francisco Bay, the Golden Gate Bridge, and the Bay Bridge.
  • Located directly above the Bay Area Rapid Transit (BART) Montgomery Station with secured, direct elevator access from BART to the building lobby.
  • Several bike storage options, including a fully secured bike room, are offered for tenants.
  • One Sansome is in the heart of the Financial District, proximate to numerous restaurants, retailers, and other major buildings.
  • One Sansome was awarded LEED Platinum v4 status in 2014 - the first major building in the world to qualify for this award.

Website: www.OneSansome.com

Acquired

May 2010

Partners

Barker Pacific Group and Prudential Real Estate Investors

Major Tenants


  • Citigroup North America
  • State of California - Department of Corporations
  • Arch Insurance
  • Konica Minolta
  • iStar Financial
  • Glass Lewis & Co.
  • Factset Research Systems Inc.
  • GSA
  • Travelzoo
  • Aetna
  • Wish / Wish.com
  • The British Consulate
  • Lennar
  • Houlihan Lokey
  • Consulate General of Luxembourg
  • Premier Business Centers
  • HIG Capital

Leasing

Meade N. Boutwell
Senior Vice President
415.772.0255
meade.boutwell@cbre.com

Phil Tippett
Executive Vice President
415.772.0239
phil.tippett@cbre.com

Cori English
Vice President
415.772.0253
cori.english@cbre.com

Website: www.OneSansome.com

Property Management

Monika Kowalczyk
Property Manager
Barker Pacific Group
Tel. 415.391.0909
MKowalczyk@BarkerPacific.com