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
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