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1 Market Street

Updated Sep 14, 2026

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Elecor Properties Signs Four Office Leases Totaling 149,914 Square Feet In San Francisco
LEASEDOffice

Elecor Properties Signs Four Office Leases Totaling 149,914 Square Feet In San Francisco

1 Market Street

Building Size

149,914 SF

Asset Type

Office

Closing

Jun 30, 2026

About this deal

AI

The property asset involved in the context is an office space located at 1 Market Street in San Francisco, CA. The total office square footage is 149,914, and it is part of the two-building One Market Plaza complex owned by Elecor Properties.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Specified
  • Address: 1 Market Street, San Francisco, CA
  • Landlord: Elecor Properties
  • Tenants: Davis Polk & Wardwell LLP, Willkie Farr & Gallagher LLP, an unnamed global law firm, and an AI company
  • Brokers: Chris Roeder, Ted Davies, Tom Doupe, Wes Powell, and Teva Myatt - JLL

The transactions involve four office leases that have been signed at One Market Plaza, showcasing the diverse tenant base, including established law firms and a technology-focused AI company. The leasing arrangements were facilitated by Chris Roeder, Ted Davies, Tom Doupe, Wes Powell, and Teva Myatt, who represented Elecor Properties throughout the negotiations.

Players

Christopher Roeder

JLL

Broker

4 deals

Broker
Elecor Properties
Elecor PropertiesLandlord

Market Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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