One Sansome Street Explained

One Sansome Street
Alternate Names:Citigroup Center
Citicorp Center
Location:1 Sansome Street
San Francisco, California
Coordinates:37.7904°N -122.4013°W
Pushpin Map:United States San Francisco Central#California#USA
Completion Date:1984
Building Type:Commercial offices
Roof:168m (551feet)
Floor Count:41
Floor Area:616938square feet
Architect:William F. Pereira
Owner:Barker Pacific Group
Prudential Real Estate Investors
References:[1]

One Sansome Street, also known as Citigroup Center, is an office skyscraper located at the intersection of Sutter and Sansome Streets in the Financial District of San Francisco, California, United States, near Market Street. The 168m (551feet), 41 floor, 587473square feet office tower was completed in 1984.[2]

History

The One Sansome Street tower is built adjacent to the site of the ornate Anglo and London Paris National Bank, which was completed in 1910.[3] Designed by architect Albert Pissis, the bank building was granite clad with 38feet high Doric columns. The historic architecture of the bank building serves as a conservatory for the skyscraper today.[3]

One Sansome Street was acquired by Beacon Capital Partners LLC from BayernLB in 2005 for $217 million or $394.55 per ft² ($4,247.32 per m²).[4] BayernLB bought the building in 1999 from subsidiaries of Citigroup and Dai-ichi Life for between $170–175 million, or $310–320 per ft² ($3,337-3,445 per m²).[5] By 2010, it was owned by Broadway Partners Fund Manager, LLC.[6] In 2010, a partnership between Barker Pacific Group and Prudential Real Estate Investors took ownership of the building.[7] In 2011, Citigroup signed a lease extension through 2022 to remain the building's anchor tenant.

The building contains direct underground access to the Montgomery Street Station.

Tenants

In Media

See also

External links

Notes and References

  1. Web site: Emporis building ID 118719 . https://web.archive.org/web/20170416044554/https://www.emporis.com/buildings/118719 . dead . April 16, 2017 . Emporis.
  2. Web site: One Sansome Street - Brochure . . 2012-12-09.
  3. Web site: One Sansome Street – The Beginning . https://web.archive.org/web/20170205190620/http://www.cbre.us/o/sanfrancisco/properties/one-sansome-street/Pages/project-history.aspx . February 5, 2017 . . 2018-06-18.
  4. News: Changing spaces / Recent sales bring new players to S.F. commercial property . Dan . Levy . . August 12, 2005.
  5. News: Lizette . Wilson . Citicorp Center could fetch over $200 mil from hungry buyers . . October 1, 2004.
  6. Web site: Portfolio . Broadway Partners Fund Manager, LLC.
  7. News: J.K. Dineen, Blanca Torres . Citigroup inks lease, plans remodel at One Sansome . . November 18, 2011.
  8. Web site: Contact Us. wish.com. 3 January 2015.
  9. Web site: Contact Us . The Consulate General of Luxembourg San Francisco . 2010 . 2010-02-17.
  10. Web site: Consulate-General, San Francisco . UK in the USA . 2010 . 2010-02-17.
  11. News: San Francisco's One Sansome St. reels in five new tenants. 2013 . 2013-08-13.
  12. Web site: Contact Us . Golden Gate Global . 2024-06-27.
  13. Web site: Office Space. 1 May 2014. Premier Business Centers.
  14. Web site: HUD Offices in California. 7 December 2014.