California Retail

1 Jones St Listing
SoMa, San Francisco, CA
# The Hibernia Bank Building at 1 Jones Street - Up to 41,761 SF Available For Lease \> Office, Retail, Entertainment The Hibernia Bank reflects the City’s role as a center of business and art. Situated at the intersection of Jones, McAllister and Market Streets, The Hibernia Bank offers an unsurpassed location just steps from worldclass shopping, fine dining, housing, lodging, and public transportation. The City’s thriving Mid-Market tech hub is home to giants like Twitter, Uber, Yammer and Square. The ultimate blend of breathtaking historical touches and modern conveniences, The Hibernia Bank building is now available as a leasable space. Built in 1892 by the acclaimed architect Albert Pissis, The Hibernia Bank has been recognized nationally for its historic significance. San Francisco Historic Landmark #130, The Hibernia Bank was described by SF Architectural Heritage guide as “one of the finest of San Francisco’s uniquely superb collection of modified temple form banks.” As one the few structures to survive the 1906 earthquake, The Hibernia Bank serves as a visible anchor for the City’s storied Mid-Market neighborhood and features unique Neoclassical Revival-style touches, including its grand corner entrance, giant exterior colonnade, and famed domed entrance. ENTIRE BUILDING AVAILABLE: \> First Floor: Approx. 15,673 SF \> Second Floor: Approx. 14,755 SF \> Mezzanine: Approx. 1,590 SF \> Third Floor: Approx. 6,815 SF \> Penthouse: Approx. 2,928 SF TOTAL: Approx. 41,761 SF Features - First Quarter 2016 Delivery - Iconic Historical Landmark - Penthouse Rooftop Deck - Original Interior Elements - Amazing Natural Light - 1/2 Block from BART/MUNI Civic Center - Office Entitlements - Sensational Identity Branding Opportunity

California

Office Space Market Report

Number of Listings (last 90 days)
10,339
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
2,310
As of: December 9, 2016

California Rates

Most listings are in the $30's per square foot per year. The California region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.

California Listing Supply

In the last 90 days, 9931 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the California are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,290 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1956 and are Class B.

California Community

Market Report

Trends and status of the commercial real estate market in California.
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Market Data

Real time and historical data on commercial real estate listings in California.
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