CANOPY Leases 40,000 Square Feet Office Space At 102 Montgomery Street In San Francisco

The property asset involved in this transaction is located at 102 Montgomery Street, San Francisco, CA. It is classified as an office space with a total area of approximately 40,000 square feet. The asset is a historic building that was previously a former Army barracks, which underwent an 18-month rehabilitation by The Presidio Trust, making it suitable for its new use.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: The Presidio Trust
• Tenant: Bahram Mohebi - CANOPY
• Square Footage: 40,000
• Address: 102 Montgomery Street
• Market: San Francisco, CA
• Scheduled Opening: Spring 2027

Key individuals involved in the deal include Bahram Mohebi, who represents CANOPY as the tenant. Additionally, The Presidio Trust facilitated the rehabilitation of the property, which had remained vacant since the 1970s, to accommodate CANOPY's plans for a flexible office location featuring private offices, conference rooms, a café, and other amenities within a three-floor buildout.