CNA has signed a long-term lease to occupy approximately 55,000-sf of space at Foundry Square II, a 493,000-sf, ten-story building at 2nd and Howard streets in downtown San Francisco. This building is part of a $60 million, 1.2 million-sf, master-planned office and retail complex. The company will move its operations from its San Bruno and Brisbane locations to the new facilities.
While the rental rate was not disclosed, the average annual full-service asking rate at this property is $30 per sf. Steve Walbridge and Greg Lovett of Lincoln Harris represented the new tenant, while Rob Paratte from Wilson Equity represented Wilson Equity.
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