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747 Font Boulevard

BraunHagey & Borden LLP Leases 22,000 SF Office Space At 747 Front St, San Francisco
LEASEDOffice

BraunHagey & Borden LLP Leases 22,000 SF Office Space At 747 Front St, San Francisco

747 Font Boulevard

Building Size

22,000 SF

Asset Type

Office

Closing

Nov 28, 2023

AI

San Francisco law firm BraunHagey & Borden LLP has leased 22,000 square feet on the top floor of the Jackson Square office building at 747 Front Street. The 10-year lease will contribute to the area's appeal, marked by a refined atmosphere and historic architecture. This move follows a trend of companies relocating from Financial District submarkets to the historic neighborhood, including recent relocations by companies like Ripple and Bain Capital.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not mentioned
  • Address: 747 Front Street
  • Market: San Francisco
  • Asset Type: Office / SF: 22,000

The landlord of the property is Bridgeton, represented by Akash Sharma. The tenant, BraunHagey & Borden LLP, was represented by Noah Hagey. Cushman & Wakefield's Brendon Kane and Jim Sobel served as the landlord's representatives, while Cale Miller from Hughes Marino represented the tenant.

Players

Cale Miller

Hughes Marino

Broker

2 deals

Broker
BH
Bridgeton HoldingsLandlord

San Francisco Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93