SAN FRANCISCO—Global real estate investment and services firmKennedy Wilson has been awarded the propertymanagement contract for 555 Montgomery Street, an18-floor, class A office building located in the heart of SanFrancisco's financial district.
“San Francisco is clearly a destination of choice given its vibrantbusiness community however there is a great deal of competition,”said Donna Clark, senior managing director ofKennedy Wilson's Properties Group in NorthernCalifornia. “As a result, how a property is managed playsa key role in a building's success. Due to the location of 555(near major business districts as well as the wharf among otherlocal attractions) there is no doubt that this will be the buildingof choice for major companies seeking to expand business practicesin a prime environment.”
In addition to East West Bank, the building ishome to a number of well-known financial services firms, legalservices and market research firms including The GuardianLife Insurance Co., The New York Times, US Capital Partners LLC,DHC USA, Inc. and Taipei Economic & CulturalOffice.
Built in 1984, the 18-story structure featuresfloor-to-ceiling windows that showcase views of the city and thebay. Owned by East West Bank, the 261,839-square-foot tower hasmaintained an Energy Star rating since 2005. Itoffers office spaces ranging in size from 1,200 square feetto 14,000 square feet, as well as 24-hour on-site securityservices.