San Francisco, CA (April 15, 2021) – The Presidio Trust presents an exceptional leasing opportunity at Eleven-Eighty Old Mason Street, located along the iconic Crissy Field shoreline at the Golden Gate Bridge, available fall 2022.
Eleven-Eighty Old Mason Street offers an office campus opportunity comprising seven buildings totaling 90,000 RSF with open floor plans, skylights, and windows throughout. It sports amazing views of the Golden Gate Bridge, Crissy Field and the Palace of Fine Arts, and immediate access to Hwy 101.
Tenants will join a flourishing community of more than 200 organizations in the Presidio, where the park environment provides what businesses are looking for as they reinvent ways of working—a desirable natural setting with plenty of open space for employees, clients, and the public to enjoy. “Our occupancy remains high, and we continue to see strong interest for commercial space in the Presidio,” says Josh Bagley, Deputy Chief Business Officer at the Presidio Trust. “Not only does the Presidio offer a great working environment, but our tenants and their clients value the mission-driven proposition that their rents directly support the park as a public benefit for all.
”According to CoStar, the vacancy rate for office space in the Presidio is 3% compared to downtown San Francisco, which is between 14% and 16%. The Commercial Real Estate Leasing team is now leading an average of 25 tours per week compared to 8 last year and is adding buildings (103, 36, 49, and 1180 totaling 139,500 rsf) to its leasing portfolio to meet the demand.
A Piece of History
Eleven-Eighty Old Mason Street is a complex of seven wood-frame warehouses constructed along Mason Street by the United States Army in 1917. The buildings contribute to the Presidio of San Francisco’s designation as a National Historic Landmark District. The buildings were originally stored goods arriving from the nearby Fort Mason, the major receiver of personnel, weapons, and supplies on the West Coast during World Wars I and II. The buildings are undergoing rehabilitation for modern day office use, and all spaces will be delivered in a finished, move-in condition. Improvements include all new building systems (lighting, electrical, heating and ventilation), new interior finishes, refinished original wood floors, skylights, and new common area restrooms. The Presidio Trust’s historic building rehabilitation projects have received numerous awards, including ten from the California Preservation Foundation and two California Governor’s Awards, as well as awards from the California Heritage Council and the National Trust for Historic Preservation, among others.
About Leasing in the Presidio
The Presidio is the ultimate business amenity, a world apart from downtown, yet convenient and close to everything. Situated in San Francisco’s national park site in the Golden Gate National Recreation Area, it offers access to the beautiful open spaces at Crissy Field, miles of hiking and biking trails, and the Chestnut Street retail corridor. The free PresidiGo Shuttle offers daily service to regional transit connections in downtown San Francisco. Muni and other public transit stops are within walking distance, and metered parking is available on site. The Presidio is a great place to welcome and host clients and customers, with a choice of stellar event venues for meetings and retreats, two boutique hotels, a world-class golf course and multiple food options. Two new food-service locations will be located at the nearby Presidio Tunnel Tops site, scheduled to open in spring 2022.
About the Presidio and the Presidio Trust
The Presidio Trust is a federal agency that manages the Presidio of San Francisco, a national park at the heart of the 82,000-acre Golden Gate National Recreation Area. In partnership with the National Park Service and the non-profit Golden Gate National Parks Conservancy, the Presidio Trust brings alive the park’s historic, natural, and recreational assets for the inspiration, education, health, and enjoyment of all people at no cost to taxpayers. Spanning nearly 1,500 acres in a spectacular setting at the Golden Gate, the Presidio is defined by its history, spectacular views, natural habitats, and beautiful opens spaces. It is home to 3,000 residents and 200 tenant organizations, many of which welcome and serve the public. The Presidio Trust is focused on welcoming all to the national park experience, protecting and enhancing the environment, and operating in service to the public.