April 19, 2016 Comments Off on Hudson Pacific Nears Lease-Up at 1455 Market St. Views: 278 Bay Area, California, California News, West

Hudson Pacific Nears Lease-Up at 1455 Market St.

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Hudson Pacific Properties leased 24,000 square feet at 1455 Market St. to Vevo, expanding the music video company’s footprint nearly five fold. The one-million-square-foot building is roughly 98% leased.

Vevo, which is relocating from 2 Shaw Alley, took over space previously leased by Rocket Fuel in the largely built-out suite, allowing for Vevo to take occupancy over a weekend.

The space is designed to attract engineers and product designers, as the tech/music company seeks to grow in the City. San Francisco has become one of Vevo’s largest locations, with about 25% of the company’s workforce (more than 100 employees).

Cushman & Wakefield’s J.D. Lumpkin and Zach Siegel are handling the leasing of the former Bank of America data center. Hudson Pacific acquired the property for $93 million in 2010, has seen its value rise to $489 million.

Read More at San Francisco Business Times

Connect with Cushman & Wakefield’s Lumpkin

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