California + Office | November 17, 2016

Vanbarton Acquires Another Financial District Asset

New York-based Vanbarton Group acquired 115 Sansome St., a 15-story historic office building in San Francisco for $83 million. Boston-based TA Realty LLC sold the 100%-leased, roughly 117,000-square-foot asset on behalf of The Realty Associates Fund X.

TA Realty completed a comprehensive repositioning, including converting more than 70% of the building to creative office space. Constructed in 1912 to be the headquarters for the Standard Oil Company, 115 Sansome is a 19th Century French Beaux-Arts masterpiece.

The ground-floor lobby’s architectural features were restored, and the upper floors were converted from traditional floorplates to a creative and collaborative workplace environment. That involved artfully exposing the original features, including concrete ceilings and floors, brick walls and copper-clad windows.

JLL’s Michel Seifer and Erik Hanson represented TA Realty.

115 Sansome

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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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