SAN FRANCISCO—A 743,000-square-foot, class-A office tower nearthe Transbay Transit Center, Park Tower atTransbay, will begin next month. The project is a jointventure with developers, The John Buck Company andGolub Real Estate, while MetLifeis an equity investor in the partnership.

Construction of the 43-floor, LEED Gold pre-certified officetower will begin next month, with completion scheduled for June2018. Park Tower, located at Howard and Beale streets, will be acomponent of the Transbay Transit Center, a multi-billion-dollarredevelopment project with residential, commercial andtransportation facilities. The groundbreaking ceremony was featuredduring ULI Fall Meeting week.

Mark Wilsmann, managing director for MetLife,tells "We are a big believer in San Francisco with itsdriving force, technology, providing a competitive advantage. Thefinished building will appeal to technology users, venturecapitalists, law firms, etc."

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Lisa Brown

Lisa Brown is an editor for the south and west regions of She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.