Facebook Taking 181 Fremont’s Entire Commercial Portion Represents the largest leasing deal for a company in San Francisco in three years
SAN FRANCISCO (March 1, 2018) – Jay Paul Company, developer of San Francisco’s highly anticipated 181 Fremont, is proud to announce that the building has been awarded the Best Lease Transaction in San Francisco at the 6th Annual NAIOP SFBA Best of the Bay Awards, for the lease of its entire commercial portion to Facebook (436,000 square feet), representing the largest leasing deal for a company in San Francisco in three years. More than 330 members and guests attended the ceremony on February 15, 2018, hosted by Master of Ceremonies, Luis Belmonte. With an exciting twist to the evening, nominees presented live pitches to the audience and winners were picked on-the-spot via wireless voting keypads.
“We are honored to have received such a distinguished award from NAIOP. Jay Paul Company and our renowned partners built 181 Fremont as the preeminent tower in San Francisco in every aspect of design and development. It’s only fitting for 181 Fremont to be leased by one of the world’s most innovative and fastest growing companies. We look forward to becoming the San Francisco headquarters for this global pioneer,” said Matt Lituchy, CIO of Jay Paul Company.
181 Fremont boasts 436,000 square feet of innovative Class A+ office space and 2,480 square feet of retail space that leads directly to the expansive City Park. The building has attracted the best and brightest innovators in tech, facilitated by its prime location amid the City’s new commuting hub and landmark. The commercial offices will feature column-free open floor plates offering optimal flexibility, 12.5-foot open ceiling heights, floor-to-ceiling glass curtain walls, unprecedented views, and advanced technological features. It will also include a pedestrian friendly lobby, bike shed with private stalls, and an underground valet parking garage. 181 Fremont stands to redefine not only the neighborhood, but also the very definition of San Francisco living. For more information on 181 Fremont, visit www.181Residences.com.
About 181 Fremont
Ascending more than 800 feet into the sky with a state-of-the-art exoskeleton and 436,000 square feet of innovative commercial space, 181 Fremont is the first mixed-use tower in San Francisco to be pre-certified LEED Platinum. It stands as a centerpiece of the new downtown and reaffirm San Francisco as a global city on the forefront of innovation and design. The landmark mixed-use building merges world-class design and architecture, unprecedented views, custom furnishings and finishes, and a premier location in the heart of San Francisco’s new Transbay neighborhood amid SOMA. The building is adjacent to the new, transformative Transbay Transit Center and elevated 5.4-acre City Park, providing 181 Fremont residents and tenants with immediate and convenient access to the new heart and pulse of San Francisco.
About Jay Paul Company
Jay Paul Company is a San Francisco-based privately held real estate firm. Over the past 35 years, the company has developed more than 8 million square feet of prime office and research space throughout California—with an additional 6 million square feet in active development—for the high tech, bio science, defense and retail industries. Led by industry leader Jay Paul, the company specializes in the acquisition, development and management of large scale, environmentally sustainable projects for such companies as Apple, Comcast, Northrop Grumman, Hewlett-Packard, Microsoft, Google and Amazon. For more information, visit www.jaypaul.com.
About The Mark Company
The Mark Company is one of the nation’s premier urban residential marketing and sales firms. Founded by Alan Mark in 1997, The Mark Company provides a full range of core consulting services including analytics, design, marketing and sales for urban high-rises and suburban attached properties throughout the Western United States. The firm is a trusted partner to global leaders in residential development and finance, providing buyer-driven sales and marketing strategies that produce industry-leading results. The Mark Company has represented more than 10,000 residences and generated over $5 billion in sales for some of the nation’s most notable and successful developments including The Infinity in San Francisco, Evo in Los Angeles and The Martin in Las Vegas. Along with 181 Fremont Residences, other current projects include The Harrison in San Francisco and Cavalleri in Malibu. A subsidiary of Pacific Union International, one of the San Francisco Bay Area’s top-performing resale brokerages, The Mark Company benefits from an enriched leadership team, enhanced technology and added global reach through its affiliation with Christie’s International. For more information, please visit www.themarkcompany.com.