Colonel William A. Phillips

101 Second Street is an office tower located in the South of Market district in San Francisco, California on Mission Street. The 108 m (354 ft) building was completed in 2000 and has 26 floors with 388,000 sq ft (36,000 m2) for offices. It is known for its glass-clad, four-story atrium which functions as public space. Its art pavilion has included commissions by painter Charles Arnoldi and sculptor Larry Bell. On warm days, the building at street level is opened.

History

101 Second Street was developed by a partnership of Cousins Properties Incorporated and Myers Development Company, along with 55 Second Street.[4] Both properties were sold to an affiliate of Hines Interests Limited Partnership in September 2004 for US$282 million, of which US$144 million was for 101 Second Street. Hines sold 101 Second Street to Invesco Real Estate for about $297 million in January 2014.[5]

As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," 101 Second Street had a vacancy rate of 21.1%.[6]

Tenants

See also

References

  1. ^ "Emporis building ID 118708". Emporis. Archived from the original on March 7, 2016.
  2. ^ "101 Second Street". SkyscraperPage.
  3. ^ 101 Second Street at Structurae
  4. ^ "Hines Acquires 55 Second Street And 101 Second Street In San Francisco" (Press release). Hines. September 21, 2004. Archived from the original on December 3, 2013. Retrieved January 20, 2014.
  5. ^ Dineen, J.K. (January 6, 2014). "$765 a square foot? Tower price blows away expectations". San Francisco Business Times. Retrieved January 20, 2014.
  6. ^ Li, Roland; Devulapalli, Sriharsha (2023-05-08). "Downtown S.F. has 18.4 million square feet of empty office space. We mapped every vacancy". San Francisco Chronicle. Retrieved 2023-06-11.
  7. ^ "| California Secretary of State".
  8. ^ "CIBC US Locations". us.cibc.com. Retrieved 2024-02-22.

External links