Grosvenor, a renowned international property owner and developer with over 70 years of experience in North America, has recently announced significant developments within its San Francisco office properties. This includes multiple new leases and lease renewals, as well as the continuation of their initiative to support local artists by providing space for art exhibitions.
In 2023 alone, Grosvenor successfully completed nine lease transactions totaling 17,690 square feet across its Union Square portfolio. These properties include prime locations such as 240 Stockton St., 180 Post St.,185 Post St., and251 Post St., with a combined total area of over133,000 square feet.
According to Nathan Lundell,senior asset manager at Grosvenor’s San Francisco office,”The high leasing activity in our Union Square portfolio is a testament to the enduring appeal of these properties among businesses throughout the city.” He further added that each building offers an ideal location and exceptional property management services,and they anticipate continued demand from tenants throughout2024.
This news was originally published on Connect CRE’s website.
