Barker Pacific Group Fills One Sansome Street After Signing Three New Tenants

Barker Pacific Group, One Sansome St, San Francisco, commercial real estate news, Sotheby’s, Capsilon Technologies, Prudential Real Estate Investors, CBRE

One Sansome DayFashion E-Commerce Site, Wish Takes Two Top Floors

SAN FRANCISCO, CA – January 13, 2015 – Barker Pacific Group (BPG) announced today that they signed three new leases at One Sansome Street.  The historic 43-story tower is now fully leased.  New tenants include affordable fashion e-commerce mobile application Wish, international luxury real estate firm Sotheby’s, and mortgage industry focused cloud-based image and document sharing company, Capsilon Technologies.  The building is now 97 percent occupied, with 100 percent of the original 587,473 rentable square feet fully committed.  Meade Boutwell, Phil Tippett, and Cori English of CBRE’s San Francisco office represented One Sansome in leasing the building.

“With these new tenants, landmark One Sansome now embodies what the new San Francisco represents,” said Michael Barker, Managing Director of BPG. “A meld of innovative young tech companies, and established longstanding powerhouses. We are proud to welcome them to the neighborhood.”

Wish signed the largest of the three new leases for 54,501 square feet for seven-years. Wish will occupy the top two floors of One Sansome and plans to move this May. Jason Burch of CTBT was the tenant broker for Wish.

In two smaller deals, Sotheby’s has leased 2,540 square feet on the sixth floor. Hudson Smythe of JLL was the broker for Sotheby’s International Realty. Capsilon Technologies leased 5,603 square feet on the seventh floor and was represented by Shap Roder of CBRE.

BPG took ownership of One Sansome in a joint venture with Prudential Real Estate Investors in 2010 and serves as the property manager of the Class-A office tower known as Citigroup Center. Construction on the high-rise began in 1983 and incorporated portions of the Holbrook Building that housed the Anglo and London Paris National Bank, which occupied the site from 1910-1981. One Sansome recently achieved LEED Platinum v.4 Certification in 2014, making it the first major office building in the world to obtain the highest green building standard.

ABOUT BARKER PACIFIC GROUP
Barker Pacific Group was founded more than 30 years ago and is comprised of experienced real estate professionals active in asset management, acquisitions and development of major commercial projects.  In San Francisco, BPG developed 100 First Plaza and currently owns and manages One Sansome Street.

Some of BPG’s other notable projects include:  Hamilton Landing and Rowland Plaza in Marin County; The Fine Arts Building, 626 Wilshire Boulevard and 5055 Wilshire Boulevard in Los Angeles; 101 Continental in El Segundo and The Miami Arena and Columbus Center in South Florida.

Additionally, Barker Pacific Group manages Storage Solutions, a growing leader in the self-storage industry, offering consumers and businesses a variety of self-storage space and supplies throughout California. BPG has offices in San Francisco, Los Angeles and Marin County.  The company specializes in the development and acquisition of institutional quality office, retail, and residential projects in select U.S. cities. For more information, visit www.barkerpacific.com.

West Coast Commercial Real Estate News