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SAN FRANCISCO-Cushman & Wakefield has won the leasing and property management assignments for 114 Sansome Street and a portion of 425 Market Street, two Downtown office buildings here that recently changed hands. Also known as the Adam Grant Building, 114 Sansome is a 180,000-sf property owned by Spear Street Partners. The 425 Market Street building is a 909,000-sf building that is owned condo-style by two parties. Cushman & Wakefield has the managing and leasing for Metropolitan Life Insurance Company’s one-third ownership, which includes floors 2-16. The remaining two thirds is owned by Walton Street Capital Real Estate Fund, which selected CAC to handle leasing for its portion of the building.C&W’s managing director for asset services Jim Arce tells GlobeSt.com that the assignments make his firm the largest property manager in the city with some 7 million sf. Prior to winning the new assignments, the company was second to Shorenstein Co.Cushman & Wakefield brokers Peter Victor and Mark Anderson have the office leasing assignment for 114 Sansome, while Anne Stephens, Jim Arce and Fred White will handle property management. For 425 Market, Arce and White will handle property management while Meade Boutwell, Chris Roeder and Matt Griffin handle leasing.While 425 Market Street reportedly has no major rollover in the near term, Victor tells GlobeSt.com that 80,000 sf will be coming available at 114 Sansome next summer, when JP Morgan Chase’s master lease for three floors (6,8 and 9) in the building runs out. In addition, the seventh floor is currently vacant, making it possible for a user to take down four contiguous floors, each about 12,000 sf.

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