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Charles W. Scharf Of Wells Fargo Expands Office Lease At Concord Tech Center To 307000 SF

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LEASED

California

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Office257,000 SF
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Charles W. Scharf Of Wells Fargo Expands Office Lease At Concord Tech Center To 307000 SF

1655 Grant Street

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Office257,000 SF
Leased
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:257,000 SF
Transaction Type:Lease

The property asset involved in this context is an office space located at 1655 Grant Street in Concord, comprising a total area of 257,000 square feet. It is situated in the Concord Tech Center, which is noteworthy for being among the East Bay's significant office locations.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Lease Term: five-year
  • Tenant: Charles W. Scharf - Wells Fargo
  • Total Footprint: 307,000 sf

Charles W. Scharf represents Wells Fargo in this transaction, which entails the renewal of their lease at the Concord Tech Center. This renewal is significant as it reflects one of the largest office commitments made in the East Bay this year, especially in light of uncertainties surrounding the bank's presence in San Francisco.

Details

LEASED
IMAGE: Charles W. Scharf DATE: 09/30/2025 ADDRESS: 1655 Grant Street MARKET: Concord ASSET TYPE: Office ~ SF: 257,000 TENANT: Charles W. Scharf (@Charles_w.Scharf) - Wells Fargo (@WellsFargo) LEASE TERM: five-year NOTE: Wells Fargo renewed 257,000 sf at Concord Tech Center in a five-year deal, bringing its total footprint there to 307,000 sf. The lease marks one of the East Bay’s largest office commitments this year amid uncertainty over the bank’s San Francisco presence.

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Deal Type
Effective Rent (Annual)

$14,731,084.92

Total Lease Value

$147,310,849.15

Net Landlord Cash Flow$14,731,084.92