The asset involved in the transaction is a 123,000-square-foot office space located at 600 Montgomery Street in San Francisco. The office space is situated in the Transamerica Pyramid, which has seen an investment of $250 million in renovations by the owners, SHVO and Deutsche Finance America, who acquired the property for $650 million in 2020. Currently, the occupancy rate stands at 85% amid the challenges in the San Francisco office market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 600 Montgomery Street
• Market: San Francisco
• Asset Size: 123,000 square feet
• Landlord: Michael Shvo - SHVO
• Landlord: Jason Lucas - Deutsche Finance America
• Tenant: Brent Hawkins - Morgan Lewis

Morgan Lewis signed the lease agreement for the office space, with plans to relocate from One Market Plaza in early 2026. This transaction reflects the efforts of the landlords to enhance property occupancy in a challenging market, providing a significant space for the tenant's operations in the coming years.