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100 Montgomery Street

Barry McCardel Of Hex Technologies Leases 20,000 Square Feet At 100 Montgomery Street In San Francisco
LEASEDOffice

Barry McCardel Of Hex Technologies Leases 20,000 Square Feet At 100 Montgomery Street In San Francisco

100 Montgomery Street

Building Size

20,000 SF

Asset Type

Office

Closing

Mar 30, 2026

AI

The asset involved in this transaction is an office space located at 100 Montgomery Street in the San Francisco market. The total square footage of the office is 20,000, catering to businesses in the Financial District. Hex Technologies has secured a lease for this space, reflecting the current trends in office leasing within the city.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 100 Montgomery Street
  • Market: San Francisco
  • Tenant: Barry McCardel
  • Company: Hex Technologies

Barry McCardel represents Hex Technologies in this transaction, which marks a significant expansion as the company more than doubled its office footprint in San Francisco. The decision to lease this space from Jackson Square indicates a strategic move to accommodate the demands of growth within the burgeoning AI sector driving activity in the leasing market across the city.

Players

Barry McCardel

Hex Technologies

Tenant

2 deals

Tenant

San Francisco 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