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State Bar Taps TRI to Lease 180 Howard

SAN FRANCISCO-Broker Mary Lyons is tapped to lease up the top two floors of the Downtown office building owned by the State Bar of California.

By Brian K. Miller | Updated on October 04, 2006

SAN FRANCISCO-The State Bar of California has tapped TRI Commercial/Corfac International to lease up its Downtown class A office building in the South Financial District. Located at 180 Howard St., the 205,609-sf building is 84% occupied.

The leasing assignment was won by Mary Lyons, who is familiar with the building. Prior to leaving Grubb & Ellis in April for TRI Commercial, the 12-story building was one of her 17 listings. To win it back, she came out on top in a formal competition for the listing that included G&E, Cornish & Carey and BT Commercial, among others.

Lyons is charged with finding tenants for the building’s top two floors, which offer city and bay views and have been vacant since the State Bar acquired the building in 1996. The asking lease rate for the two 16,400-sf floors is in the low $40s per sf, including a $50-per-sf tenant improvement allowance. The rate assumes a seven-year lease, Lyons says.

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