SAN FRANCISCO - Brookfield Office Properties (BPO) announced Jones Lang LaSalle (NYSE: JLL) has been appointed exclusive leasing agent for newly acquired 685 Market Street in San Francisco. Christopher T. Roeder, International Director and Jak Churton, Managing Director will lead the JLL team.
Also known as the Monadnock Building, 685 Market Street is a historically significant Class A office building positioned between established high profile commercial neighborhoods in the city’s central business district and SOMA and the rapidly emerging Mid Market neighborhood.
The approximate 205,000 square foot, 10-story building was under construction at the time of the San Francisco earthquake in 1906. It not only survived the earthquake and the ensuing fire, it also survived two demolition attempts by the U.S. Army.
“This is a high quality building with a storied history in a thriving location. It is ideal for a broad range of tenants, from creative companies to professional firms, seeking open plan layouts where they can incorporate collaborative space with efficient workspaces,” said Chris Roeder.
685 Market Street enjoys excellent public transportation amenities and sits on one of the most heavily travelled blocks by pedestrians in the city. The immediate area around the building features restaurants and retail stores and it is a short walk from the Union Square shopping district, the Moscone Convention Center and the new Transbay Transit Center under construction at Howard St.
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About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management. For further information, visit www.jll.com.
About Brookfield Office Properties
Brookfield Office Properties owns, develops and manages premier office properties in the United States, Canada, Australia and the United Kingdom. Its portfolio is comprised of interests in 114 properties totaling 85 million leasable square feet in the downtown cores of Los Angeles, San Francisco, New York, Washington, D.C., Houston, Denver, Seattle, Toronto, Calgary, Ottawa, London, Sydney, Melbourne and Perth, making it the global leader in the ownership and management of office assets. Landmark properties include Brookfield Places in New York City, Toronto and Perth, Bank of America Plaza in Los Angeles, Bankers Hall in Calgary, and Darling Park in Sydney. The company’s common shares trade on the NYSE and TSX under the symbol BPO. For more information, visit www.brookfieldofficeproperties.com.