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SAN FRANCISCO-Laurus Corp., a US-based private real estate investment and development firm, has leased approximately 75% of the building located at 1155 Market St. to the City and County of San Francisco. The San Francisco Board of Supervisors approved the nearly 104,000-square-foot, 10-year lease in a vote earlier in the month. 

Agencies including the treasurer/tax collector, assessor-recorder, public works and others, will occupy all but three floors of the building with expansion options and right of first offer for the 10th and 11th floors. Laurus Corp. is investing roughly $14 million towards LEED Gold certification, ASHRAE Compliance, as well as a complete overhaul of the building’s physical aspects, according to a prepared statement.

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