The firm is offering the 15th, 16th and 17th floors at 50 Fremont St., in the heart of San Francisco's Financial District. Merrill Lynch is represented by Cushman and Wakefield, which has placed the space on the market for $35 per sf.
The floors were previously occupied by Merrill Lynch's group employee services, which was partially sold to Ebenx Inc. and partially consolidated in Seattle and Chicago offices. One of the floors has a lease that will expire next year, while the remaining two will expire in 2007.
In addition to this space, Merrill Lynch has put an additional 50,000-sf of sublease space at 101 California on the market, when it vacated the 19th and 20th floors of the building. Whitney Cressman calculates the total of sublease space currently on the market to be about 6.5 million sf.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
