The asset involved in the transaction is an office space located at 315 Montgomery Street in San Francisco. The total square footage of the lease is 29,524, and it is situated in the Financial District, within Vornado Realty Trust’s 1.8-million-square-foot downtown campus.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 315 Montgomery Street
• Market: San Francisco
• Landlord: Glen Weiss - Vornado Realty Trust
• Tenant: Laurent Dhollande - Pacific Workplaces
• Landlord's Representatives: Paul Heinen & Edward Riguardi - Vornado Realty Trust; Bill Cumbelich & Angus Scott - CBRE
• Tenant's Representative: Erik Sorenson - Veracity Commercial Partners

Pacific Workplaces signed a lease for the aforementioned office space, with the location set to open in May 2026. The new space will encompass the 9th and 10th floors and will provide private offices, coworking memberships, and meeting rooms, utilizing premium amenities and the WorkLife program to accommodate hybrid teams, enterprises, and professional services firms.