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UCSF Triples Leasehold at 250 Executive Park

SAN FRANCISCO-The University renews its 15,000-sf lease for the first floor of the building adjacent to the 49ers football stadium and takes down an additional 27,500 sf on the third floor.

By Brian K. Miller | Updated on August 30, 2006

SAN FRANCISCO-The University of California at San Francisco has tripled its leasehold at Sunpark Properties’ San Francisco Executive Park. UCSF renewed its 15,000-sf lease on the first floor of 250 Executive Park Blvd., which is adjacent to the 49ers football stadium.

The school also leased an additional 27,500 sf on the third floor of the property, according to Ritchie Commercial, the brokerage firm with the leasing assignment.

The university leases the space mostly for its Ambulatory Services and the Information Technology departments. The leasing agent for the property, Ritchie Commercial’s Carla Scimemi says the five-year deal took 18 months to negotiate. UCSF decided to stay in the building because it met the IT department’s need for an environment with robust technology infrastructure as well as the general logistics needs of UCSF’s personnel, Scimemi says.

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