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Khozema Shipchandler Of Twilio Signs Three-Year Lease For 83000 SF Office At 101 Spear St

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LEASED

California

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Office83,000 SF
Leased 02/24/2025
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LEASED

Khozema Shipchandler Of Twilio Signs Three-Year Lease For 83000 SF Office At 101 Spear St

101 Spear Street

See Similar Deals
Office83,000 SF
Leased 02/24/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:83,000 SF
Transaction Type:Lease

The asset involved in this transaction is an office space located at 101 Spear Street in San Francisco, with a total area of 83,000 square feet. The property is part of the San Francisco market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Term: three-year
  • Landlord: Victor Coleman - Hudson Pacific Properties
  • Tenant: Khozema Shipchandler - Twilio

Khozema Shipchandler from Twilio is entering into a three-year direct lease, transitioning from a sublease arrangement with Salesforce that is set to expire next month. This deal is with landlord Victor Coleman, representing Hudson Pacific Properties, aligning with Twilio's approach to maintain a remote-first policy while ensuring adequate office space for collaboration.

Details

LEASED
IMAGE: Victor Coleman & Khozema Shipchandler DATE: 02/24/2025 ADDRESS: 101 Spear Street MARKET: San Francisco ASSET TYPE: Office ~ SF: 83,000 LANDLORD: Victor Coleman - Hudson Pacific Properties (@HudsonPPI) TENANT: Khozema Shipchandler - Twilio LEASE TERM: three-year NOTE: Twilio signed a three-year direct lease for 83,000 SF at 101 Spear St. in San Francisco, shifting from a sublease with Salesforce set to expire next month. The deal with landlord Hudson Pacific Properties comes as the company maintains its remote-first policy while securing office space for flexibility and collaboration.

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Deal Type
Effective Rent (Annual)

$4,757,509.91

Total Lease Value

$47,575,099.14

Net Landlord Cash Flow$4,757,509.91