A Fresh Take on CRE

SF Weekly Comp Digest: Cloudwords, Allen Matkins, and Stifel Nicolaus All Renew!

Every Wednesday, we compile a digest of some recent deals from the CompStak database. We hope you will find the information helpful.
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Cloudwords Renews in the North Financial District

  The firm that brings translation management systems to the market recently signed a lease to renew at 400 Montgomery Street.  The company will pay landlord Hearst Corporation rent starting in the high-$30s PSF/YR for this class B, nearly 2,000 SQFT space.
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388 Market

California Law Firm Renews at 3 Embarcadero Center

  Allen Matkins recently renewed its lease on just shy of 40,000 SQFT in the North Financial District.  For the 7-year lease, the firm will pay about $40.00 PSF/YR with $1 escalations.
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Full Service Brokerage & Investment Banking Firm Renews at 1 Montgomery

  Stifel Nicolaus just renewed its lease for nearly 70,000 SQFT of class A office space in the One Montgomery Tower building in the financial district.  The company will pay rent starting in the high-$60s PSF/YR for its 10-year lease.
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Get the Stifel Nicolaus Comp