87,000 SF Value-Add Office
- Acquired November 2024 with private investors.
- During escrow, Redco secured 3 new leases for 15k SF allowing the purchase to proceed with financing.
- Over the past few years, $23 million of capital improvements has been spent on modernizing the Building, including a lobby upgrade, elevator modernization, façade and roof improvements as well as high-end creative full floor spec suites that offer tenants high identity half or full floor suites in 3-7k SF range.
- Originally constructed in 1901, the building was designed by famed architects George Percy & Willis Polk with Baroque-style detailing. It is a true San Francisco generational asset located at the high profile location corner of California and Montgomery Streets.