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Newmark Cornish & Carey Commercial (NewmarkC&CC) Capital Markets announced it is offering for sale the Pinterest headquarters building at 808 Brannan Street in San Francisco on behalf of Flynn Properties.
The listing represents a unique opportunity for an investor to acquire a high-profile, creative office building in San Francisco’s tech-centric South of Market neighborhood. The marketing effort follows an extensive, full-building renovation that included seismic reinforcement, new HVAC and mechanical systems, and state-of-the-art tenant finishes.
“The building sets a new standard for creative space in San Francisco,” said Daniel Cressman, executive managing director, who is marketing the property with managing directors Kyle Kovac and Michael Taquino.
“808 Brannan Street benefits from strong in-place income from the third largest social media company in the world,” stated Mr. Kovac. “This, combined with its prime SoMa location, increases its appeal to the broader investment community.”
About Cornish & Carey Commercial Newmark
A dominant regional real estate force since 1935, Cornish & Carey Commercial Newmark has an expansive reach as part of one of the largest commercial real estate service firms in the U.S. Regionally, Cornish & Carey Commercial Newmark has more than 310 agents in 13 strategically located offices throughout Northern California, creating a powerful platform from which to deliver superior services locally, while upholding its core values of integrity and knowledge. For further information, visit www.ccareynkf.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.