SAN FRANCISO, CA – May 22, 2013 – Cushman & Wakefield has announced the relocation of the firm’s Northern California headquarters to 425 Market Street, Suite 2300 in San Francisco. The new 27,000-square-foot modern, state-of-the-art office, designed by Gensler, was constructed by BCCI Builders and opened for business on May 20, 2013.
“This is an exciting time for C&W in Northern California,” said Joe Cook, Cushman & Wakefield West Region COO. “As advisors to some of the Bay Area’s most notable technology, finance, professional services and other companies, we have created a workspace designed around our commitment to communication and collaboration. We’re extremely proud of our new space, which is just the latest component in our ongoing efforts to develop solutions that empower our clients.”
“Design features of the new Market Street office include more collaborative, open space, with glass-office fronts and expanded conference and meeting facilities that incorporate the latest audio/visual technology,” said Robin Addams, Cushman & Wakefield West Region Managing Director for Marketing and Communications. “In addition to a beautiful space in a great location, we’re also better equipped with the technology required by today’s tech-savvy clients.”
The move to 425 Market Street caps off an extraordinary period of growth for Cushman & Wakefield, which advised on three of the top five largest leasing transactions in San Francisco in 2012, including deals for Salesforce.com at 50 Freemont, 350 Mission and One Rincon, and Hudson Pacific Properties’ lease to Square Inc. at 1455 Market Street. In March 2013, Cushman & Wakefield had the strongest showing of any Northern California commercial brokerage firm at the annual San Francisco Business Times “Real Estate Deals of the Year” awards, taking home honors for: Deal of the Year, Broker of the Year, Best San Francisco Office Lease, Best Suburban Office Lease (San Ramon), Best New Office Development (Alameda) and Best New Restaurant.
Cushman & Wakefield opened its first San Francisco office over 40 years ago and was most recently located at One Maritime Plaza. The new Northern California Headquarters at 425 Market Street will house 115 professionals from the company’s Agency/Brokerage, Corporate Occupier & Investment Services, Capital Markets, Consulting, Marketing, Research, and Valuation & Appraisal service lines. As part of the relocation, the firm also moved financial and accounting operations to a new office at 505 Sansome Street in San Francisco. In addition to San Francisco, Cushman & Wakefield operates other Northern California offices in San Jose/Silicon Valley, San Rafael, Oakland, Walnut Creek and Sacramento.
Cook credits Cushman & Wakefield’s extraordinary success to the firm’s top-notch roster of clients, which span a wide range of industries and business sectors. “We’re able to do such remarkable work because of our remarkable clients,” said Cook. “We value these relationships and appreciate and thank our clients for their continued trust and confidence. We look forward to serving them at our new Market Street location for many years to come.”