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Intuit Leases 36,500 SF Office Space At 505 Howard St, San Francisco

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LEASED
Conor Famulener
Chris Holland
+ 2

California

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Office36,500 SF
Leased 05/31/2024
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Property Image
LEASED

Intuit Leases 36,500 SF Office Space At 505 Howard St, San Francisco

505 Howard Street

See Similar Deals
Office36,500 SF
Leased 05/31/2024
Conor Famulener
Chris Holland
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:36,500 SF
Transaction Type:Lease

The office asset located at 505 Howard Street in San Francisco spans approximately 36,500 square feet. The lease transaction dated May 31, 2024, involves the landlord Stanley Iezman from American Realty Advisors and the tenant Sasan Goodarzi from Intuit.

Summary of transaction details:

Intuit, the fintech company, will be moving to the new office location at 505 Howard Street in January 2025. This change aims to enhance the company's workplace strategy by attracting and retaining top talent, marking its departure from its current offices at 22 4th St.

Players

Bart Lammersen
3 deals$104M volume
BROKER

Conor Famulener
CBRE
1 deal
BROKER



Details

LEASED
IMAGE: 05/31/2024 ADDRESS: 505 Howard Street MARKET: San Francisco ASSET TYPE: Office ~ SF: 36,500 LANDLORD: Stanley Iezman - American Realty Advisors TENANT: Sasan Goodarzi - Intuit LANDLORD'S REP: Bob Kraynak & Conor Famulener - CBRE TENANT'S REP: Bart Lammersen, Chris Holland & Paul Bryant - JLL NOTE: Intuit has secured a new lease for approximately 36,500 square feet at 505 Howard St. in San Francisco, marking its departure from its previous location at 22 4th St. The fintech company is scheduled to relocate to the new offices in January 2025, aiming to align its workplace strategy with attracting and retaining top talent.

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Deal Type
Effective Rent (Annual)

$2,092,157.97

Total Lease Value

$20,921,579.74

Net Landlord Cash Flow$2,092,157.97