One Market comprises the 42-story Spear Tower, the 27-storySteuart Tower and a six-story annex building. It is said to be thelargest third-party assignment handed out in San Francisco in adecade. One Market's buildings have water views from almost everyfloor and command rents in the mid-to-high $50s per sf, some of thehighest rates in the city. The complex is 98% leased.

Alas, JLL can't publicly talk about the assignment yet becauseit doesn't become official until after Morgan Stanley acquires theasset as part of a 10-building, $2.5-billion acquisition of EquityOffice Properties assets from Blackstone Group. The deal isreportedly in escrow but has not yet closed. JLL managing directorsWes Powell and Chris Roeder have the leasing assignment.

Powell can talk about his other assignment, though. The 23-storybuilding at 301 Howard is a well-leased, late-1980s vintage assetwith Bay views, unique architecture, convenient access to the BayBridge and a goodly amount of near-term rollover. JLL was pickedfor the assignment by Archon Group LP, the Goldman Sachs Group Inc.affiliate that recently acquired the building.