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 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 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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.