Proof School Leases 35,000 Square Feet At 221 Main Street San Francisco From Columbia Property Trust

The property involved in this transaction is an office asset located at 221 Main Street in San Francisco. It encompasses a total square footage of 35,000 square feet. The lease transaction reflects current trends in the San Francisco market.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 221 Main Street
• Market: San Francisco
• Landlord: Adam B. Frazier - Columbia Property Trust
• Tenant: Sam Vendervelde - Proof School
• Landlord's Representative: Lexi Castellino, Steven Anderson & Wesley Powell - JLL
• Tenant's Representative: Aaron Gillespie & Christina Clark - Newmark

The lease signed by Proof School marks a significant expansion, allowing the institution to accommodate an increase to 170 students by the academic year 2026-2027. This move highlights a shift towards increased accessibility for nontraditional tenants amidst the backdrop of declining office rents and high vacancy rates in downtown San Francisco.