Owners Prep for Future Amid Tightening

SAN FRANCISCO—The North Financial District continues to attract a steady stream of  tech and traditional tenants because of its proximity to retail and business amenities as well as transportation options. Within the submarket, well-located buildings have been renovated and repositioned to appeal to today’s tenants.

One such building is class-A 450 Sansome, which is 100% occupied. With a new owner and leasing team in place, 450 Sansome is set for its next phase as a corporate location. The 133,000-square-foot, 16-story building underwent a major facelift in the last few years, creating an updated design within a 1960s-era building shell.  Current tenants include Umpqua Bank, ABD Insurance, Worldpay US, Axis RE and SillaJen Therapeutics. 450 Sansome’s location is near more than 30 boutique shops and nearly a dozen restaurants at Embarcadero Center. The ground floor of 450 Sansome also features a Peet’s Coffee & Tea and Umpqua Bank’s flagship San Francisco retail branch.