April 19, 2016
Connect San Francisco is taking over the historic and newly renovated Hibernia Bank for the landmark’s first event ever since its grandiose redesign. Register today and join us on May 12th to hear more about what’s happening in CRE in the City.
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.