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Silicon Valley Bank Relocating To 60,000 SF Office Space At 222 Second St. In San Francisco

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LEASED

California

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Office60,000 SF
Leased 11/28/2023
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LEASED

Silicon Valley Bank Relocating To 60,000 SF Office Space At 222 Second St. In San Francisco

222 Second Street

See Similar Deals
Office60,000 SF
Leased 11/28/2023

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:60,000 SF
Transaction Type:Lease

Silicon Valley Bank (SVB) is in the final stages of securing nearly 60,000 square feet of office space at 222 Second St. in San Francisco. The property, currently leased by LinkedIn, will become SVB's new office location as part of their relocation plan from their current address at 505 Howard St. This move comes after SVB's acquisition by First Citizens Bank earlier this year, following a financial crisis.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 222 Second Street, San Francisco
  • Market: San Francisco
  • Tenant: Silicon Valley Bank - Greg Becker

The deal involves Silicon Valley Bank (SVB) and Greg Becker, who represents SVB in the transaction. SVB is securing the office space as part of their relocation plan, while Greg Becker acts as SVB's representative. The move follows SVB's acquisition by First Citizens Bank and their need for a new office location after facing financial difficulties.

Details

LEASED
IMAGE: Greg Becker DATE: 11/28/2023 ADDRESS: 222 Second Street MARKET: San Francisco ASSET TYPE: Office ~ SF: 60,000 TENANT: Silicon Valley Bank (@SiliconValleyBank) - Greg Becker NOTE: Silicon Valley Bank (SVB) is in the final stages of securing nearly 60,000 square feet of office space at 222 Second St. in San Francisco, currently leased by LinkedIn, as part of SVB's relocation plan from its current 505 Howard St. location. This move follows SVB's acquisition by First Citizens Bank earlier this year after facing a financial crisis.

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