100 Pine Center
100 Pine Center | |
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Alternative names | 100 Pine Street Continental Insurance Building |
General information | |
Type | Commercial offices |
Location | 100 Pine Street San Francisco, California |
Coordinates | 37°47′33″N 122°23′56″W / 37.7926°N 122.3989°W |
Completed | 1972 |
Owner | Rockpoint Group |
Height | |
Roof | 145.09 m (476.0 ft) |
Technical details | |
Floor count | 33 |
Floor area | 402,500 sq ft (37,390 m2) |
Design and construction | |
Architect(s) | Hertzka and Knowles |
References | |
[1][2][3][4] |
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.[5] The building is 145 m (476 ft) with 33 floors, and 402,500 sq ft (37,000 m2) of rentable office space, a 150-car garage including 30 valet parking spaces.[5][6]
Completed in 1972 as headquarters of the Continental Insurance Company, the building is among the earlier of San Francisco's modern skyscrapers. By the start of the dot-com bubble the property, then owned by Grosvenor Properties,[7] was outdated and suffered from deferred capital maintenance.[6]
In 1997, the building was purchased by Walton Capital,[7] 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.[6] After two failed transactions, Walton Capital sold the building to investors led by Unico Properties in May 2000 for US$156 million.[6][8][9] Unico re-sold the property to the Alaska Permanent Fund based on a US$149 million price in August 2005, but retained a minority ownership share.[10] The property was acquired by the Rockpoint Group in February 2017 for US$287.5 million.[11]
Tenants
The tower houses many daytime office workers. Major tenants include the New York Life Insurance Company. As of 2016, it is tied with 45 Fremont Center as the twenty-sixth 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.[12]
The Consulate-General of Ireland is in the building.[13]
See also
References
- ^ "100 Pine Center". CTBUH Skyscraper Center.
- ^ 100 Pine Center at Emporis
- ^ "100 Pine Center". SkyscraperPage.
- ^ 100 Pine Center at Structurae
- ^ a b "100 Pine". Unico. Archived from the original on October 20, 2007. Retrieved December 1, 2007.
{{cite web}}
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suggested) (help) - ^ a b c d "100 Pine Street". Walton St. Capital. Archived from the original on January 13, 2008. Retrieved December 1, 2007.
- ^ a b Adam Feuerstein (July 11, 1997). "100 Pine falls to Chicago real estate kingpin". San Francisco Business Times. Retrieved December 1, 2007.
- ^ "Unico Acquires 100 Pine Street in San Francisco". Business Wire. November 27, 2000. Retrieved December 1, 2007.
- ^ Douglas Robson (March 3, 2000). "Cornerstone pulls plug on deal for 100 Pine St". San Francisco Business Times. Retrieved December 1, 2007.
- ^ Brooke Filkins (August 19, 2007). "Alaska Permanent Fund Acquires 100 Pine for Nearly $150 Million". LaSalle Investment Management. Archived from the original on September 5, 2008. Retrieved December 1, 2007.
{{cite news}}
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ignored (|url-status=
suggested) (help) - ^ Peterson, Jon (February 10, 2017). "Rockpoint Acquires 100 Pine in San Francisco for $287.5MM". The Registry.
- ^ "US Green Building Council LEED Project List". Archived from the original on 2008-11-03. Retrieved 2008-08-04.
{{cite web}}
: Unknown parameter|dead-url=
ignored (|url-status=
suggested) (help) - ^ "Consulate-General of Ireland in San Francisco". Irish Department of Foreign Affairs. 2010. Retrieved November 23, 2010..