SAN FRANCISCO-Those who follow @GlobeStcom on Twitter and @GlobeStLIVE may have seen a post teasing the announcement, but GlobeSt.com “tweeted from Twitter.” True story. GlobeSt.com joined NAREE members Thursday night at the Twitter headquarter building in San Francisco for a behind the scene look at their innovative workspace on the same day the company went public.
Twitter is located in the Market Square building, a 775,000-square-foot art deco structure completed in 1937 but the building was redeveloped in 2012 by Shorenstein Properties. It has been said that Shorenstein's redevelopment of the building at 1355 Market St. is credited as catalyst for revitalization of the Mid-Market district in the city.
Jim Collins, VP of leasing of Shorenstein Realty Services, served as the tour guide, and began by providing a quick intro to the development of the building, then lead the group to the Twitter floor to chat more about the redevelopment process.
Market Square consists of two buildings joined by a landscaped plaza and features 890,000 square feet of class A office space above 200,000 square feet of street-level retail, he explained. The original building, formerly known as the Western Furniture Exchange and Merchandise Mart, is an Art Deco icon.
The 80,000-square-foot floor plates and large blocks of contiguous space allow occupants extraordinary opportunities and virtually unlimited configurations to create customized work environments, said Collins. Shorenstein has leased over 638,000 square feet of space to technology tenants including Twitter, Yammer, Call Socket and One King's Lane.
When completed in the spring of 2014, the second building, known as 1TENth, will be one of only a few buildings in San Francisco with more than 300,000 square feet of available, contiguous, creative office space. Once completed, the properties will create a cohesive urban campus environment, says Collins. (Even the lobby walls—as you will see in our update story—used wood from part of the building that was torn down.
See the NAREE tour photo below (Collins on the left and GlobeSt.com's Natalie Dolce in blue jacket). And don't forget to check back with GlobeSt.com in a day or so with an update, include exclusive photos from the tour, and more from Collins on 1TENth and what Twitter's lease means for residential in the area.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
