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California  + Bay Area  + Office  | 

WeWork Takes 250K SF at Kennedy Wilson San Francisco Tower

Beverly Hills-based Kennedy Wilson and joint-venture partner Takenaka Corporation signed an 18-year, 251,722-square-foot lease with WeWork to occupy all 20 floors at 430 California Street in San Francisco. The deal is one of the largest office leases recorded in San Francisco this year.

The lease follows Kennedy Wilson’s and Takenaka’s acquisition of the property last year. A renovation and repositioning of the property was initiated as MUFG Union Bank moves out.

WeWork’s Jon Slavet says, “We can’t open buildings fast enough to keep up with demand in the Bay Area, and this location will be our largest in the city.”

WeWork plans to open its first phase at 430 California Street in Q1 2019. The co-working operator will be the sole tenant in the landmark office tower that sits adjacent to a 27,000 square-foot historic bank branch at 400 California Street in San Francisco’s North Financial District.

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Inside The Story

Read more at Kennedy WilsonConnect With WeWork’s Slavet

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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