McGraw-Hill Cos. Leases 47,500 SF at 160 Spear St.

SAN FRANCISCO-The McGraw-Hill Companies has signed a long-term lease for 47,460 sf on the lower floors of 160 Spear St. Beginning in the fourth quarter, the publicly held publishing and information services conglomerate will occupy the fifth, sixth and seventh floors of the 18-year-old, 19-story class A high-rise in San Francisco’s CBD.

McGraw-Hill will fill the space with operations currently located at three other properties, creating its western regional headquarters in the building. McGraw-Hill was represented in its lease negotiations by Jim Boyle and Brian Beswick of Trammell Crow.

“The Spear Street corridor is a good, safe location with a lot of great amenities,” says Beswick, explaining in part why McGraw-Hill chose the location. As well, Beswick says the company was able to reduce its rental obligation while expanding its operations.