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Track the latest transactions, financing activity, development updates, leasing trends, and market moves shaping this sector of commercial real estate.

"Debt-Free Status Achieved for 345 California Office Tower"Rental 1. A rental is an agreement between a landlord and a tenant, where the tenant pays a specified amount of money to the landlord in exchange for the right to use and occupy a property for a specified period of time. 2. The property being rented can be a house, apartment, office space, or any other type of real estate. 3. The terms of the rental agreement typically include the amount of rent, the duration of the rental period, and any rules or restrictions that the tenant must follow while occupying the property. 4. The landlord is responsible for maintaining the property and ensuring that it is habitable for the tenant, while the tenant is responsible for paying rent on time and taking care of the property during their tenancy. 5. Rent can be paid on a monthly, quarterly, or yearly basis, depending on the terms of the rental agreement. 6. A security deposit is often required at the beginning of the rental period to cover any potential damages to the property. 7. The rental agreement may also include provisions for utilities, such as electricity, water, and gas, and who is responsible for paying for them. 8. At the end of the rental period, the
Steve Griffin

“Debt-Free Status Achieved for 345 California Office Tower”Rental 1. A rental is an agreement between a landlord and a tenant, where the tenant pays a specified amount of money to the landlord in exchange for the right to use and occupy a property for a specified period of time. 2. The property being rented can be a house, apartment, office space, or any other type of real estate. 3. The terms of the rental agreement typically include the amount of rent, the duration of the rental period, and any rules or restrictions that the tenant must follow while occupying the property. 4. The landlord is responsible for maintaining the property and ensuring that it is habitable for the tenant, while the tenant is responsible for paying rent on time and taking care of the property during their tenancy. 5. Rent can be paid on a monthly, quarterly, or yearly basis, depending on the terms of the rental agreement. 6. A security deposit is often required at the beginning of the rental period to cover any potential damages to the property. 7. The rental agreement may also include provisions for utilities, such as electricity, water, and gas, and who is responsible for paying for them. 8. At the end of the rental period, the

345 California Center, a 35-story Class A office tower located in downtown San Francisco, has recently been paid off in

January 24, 2025