SAN FRANCISCO—Global real estate investment and services firm Kennedy Wilson has been awarded the property management contract for 555 Montgomery Street, an 18-floor, class A office building located in the heart of San Francisco's financial district.
“San Francisco is clearly a destination of choice given its vibrant business community however there is a great deal of competition,” said Donna Clark, senior managing director of Kennedy Wilson's Properties Group in Northern California. “As a result, how a property is managed plays a key role in a building's success. Due to the location of 555 (near major business districts as well as the wharf among other local attractions) there is no doubt that this will be the building of choice for major companies seeking to expand business practices in a prime environment.”
In addition to East West Bank, the building is home to a number of well-known financial services firms, legal services and market research firms including The Guardian Life Insurance Co., The New York Times, US Capital Partners LLC, DHC USA, Inc. and Taipei Economic & Cultural Office.
Built in 1984, the 18-story structure features floor-to-ceiling windows that showcase views of the city and the bay. Owned by East West Bank, the 261,839-square-foot tower has maintained an Energy Star rating since 2005. It offers office spaces ranging in size from 1,200 square feet to 14,000 square feet, as well as 24-hour on-site security services.