Unico Expands Bay Area Management Team

SAN FRANCISCO-After buying the 100 Pine Street building here, Unico Properties has expanded it’s local management group to include a general manager, assistant property manager and property administrator.

Unico, one of Seattle’s largest regional office building investor and service providers, moved into the Bay Area market with the purchase of the 33-story building in the city’s Financial District. The 403,000-sf tower sold for more than $150 million. It features about 402,534 sf of rentable space. Built in 1972 as the headquarters of the Continental Insurance Company, the building had been renovated by the previous owner Walton Street Capital at the time of purchase.

Margot Crosman has been named new general manager at the Pine Street building. Crosman joined Unico from Danielson Whitehead, Inc. the previous management and leasing company for the building. She is responsible of the building management, overseeing tenant improvements and implementing the capital plan.