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.