Grosvenor Sees Strong Leasing in San Francisco Portfolio
Grosvenor, an international property owner and developer with a 70-year-plus track record in North America, announced substantial activity throughout its San Francisco office portfolio. This includes several new and renewed leases as well as the continuation of its initiative supporting local artists through the donation of regional space for art exhibitions.
Grosvenor completed nine lease transactions in 2023 for a total of 17,690 square feet throughout its portfolio of assets located in Union Square. Totaling just over 133,000 square feet, the properties in the office and retail portfolio include 240 Stockton St., 180 Post St., 185 Post St. and 251 Post St.
“The strong leasing activity at our Union Square portfolio confirms the ongoing appeal of the properties with a wide variety of businesses throughout the city,”said Nathan Lundell, senior asset manager at Grosvenor in San Francisco. “Each building offers a prime location and solid property management, and we expect tenant demand to continue throughout 2024.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).