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| 100 Pine Center | |
| Information | |
|---|---|
| Location | 100 Pine Street San Francisco |
| Status | Completed |
| Opening | 19721 |
| Use | Office2 |
| Roof | 476 ft (145 m)1 |
| Technical details | |
| Floor count | 331 |
| Floor area | 402,500 sq ft (37,000 m2) |
| Companies | |
| Architect | Hertzka and Knowles2 |
100 Pine Center is a Class A office building at the northwest corner of Pine Street and Front Street in San Francisco's Financial District.3 The building is 476 feet (145 m) tall and has 33 floors, with 402,500 sq ft (37,000 m2) of rentable office space and a 130-car garage (150 cars with valet parking).134
Completed in 1972 as headquarters of the Continental Insurance Company, the building is among the earlier of San Francisco's modern skyscrapers.1 By the start of the Dot-com bubble the property, then owned by Grosvenor Properties,5 was outdated and suffered from deferred capital maintenance.4 In 1997 it was purchased by Walton Capital,5 which invested heavily in upgrades, re-measured the building at 36,000 square feet (3,300 m2) larger than before, then aggressively re-leased space at higher rates.4 After two failed transactions46 Walton Capital sold the building to investors lead by Unico Properties in May, 2000 for USD $156 million.3. Unico re-sold the property to the Alaska Permanent Fund based on a USD $149 million price in August, 2005, but retained a minority ownership share.7
The tower houses many daytime office workers. Major tenants include the New York Life Insurance Company1 and Art Technology Group.3 As of 2007 it is tied with 45 Fremont Center as the twenty-third tallest building in San Francisco. It was certified as being operated and maintained as a green building under the US Green Building Council's Leadership in Energy and Environmental Design for Existing Buildings (LEED EB 2.0) standards in July 2008.8.
See also
References
- ^ a b c d e f "100 Pine Center". Emporis.com. Retrieved on 2007-08-17.
- ^ a b "100 Pine Center". SkyscraperPage.com. Retrieved on 2007-09-10.
- ^ a b c d "100 Pine". Unico. Retrieved on 2007-12-01.
- ^ a b c d "100 Pine Street". Walton St. Capital. Retrieved on 2007-12-01.
- ^ a b Adam Feuerstein (1997-07-11). "100 Pine falls to Chicago real estate kingpin", San Francisco Business Times. Retrieved on 1 December 2007.
- ^ Douglas Robson (2000-03-03). "Cornerstone pulls plug on deal for 100 Pine St.", San Francisco Business Times. Retrieved on 1 December 2007.
- ^ Brooke Filkins (2007-08-19). "Alaska Permanent Fund Acquires 100 Pine for Nearly $150 Million", LaSalle Investment Management. Retrieved on 1 December 2007.
- ^ "US Green Building Council LEED Project List".
Wikipedia content modification information:
- This page was last modified on 22 December 2008, at 14:24.
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