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California  + Office  | 
Meta Subleases 435K-SF at Fremont Street Tower

Facebook Taking 750K SF at Transbay Tower, San Francisco’s Largest Lease

Connect Bay Area is just around the corner, on May 17th in San Francisco. Here is where to get more information and register.

Developer The John Buck Company, Golub & Co. and MetLife are reportedly in final negotiations with Facebook to take the entire 750,000-square-foot Park Tower at Transbay in San Francisco. The 43-story South Financial District office development at 250 Howard St. expected to deliver by the end of the year.

The deal would eclipse Kilroy Realty’s 736,00-square-foot lease with Dropbox at Exchange on 16th as the city’s largest ever, and also represents the city’s last available large block of space until about 2022. The next major office space delivery is at the 1.1-million-square-foot Oceanwide Center, which isn’t slated to be completed for several more years.

JLL’s Chris Roeder, Wes Powell and Steve Anderson represented the landlord. The tenant broker declined to comment.

The Park Tower deal would boost the social media giant’s San Francisco footprint to more than one million square feet of office space, following its recent 436,000-square-foot deal at nearby 181 Fremont.

For comments, questions or concerns, please contact Dennis Kaiser

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Read more at San Francisco Business TimesConnect With John Buck Co.Connect With JLL’s Roeder

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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