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116 New Montgomery St

South of Market, San Francisco, CA
Floors
9
Total Size
131,344 sqft
Zoning
Year Constructed
1907
Year Renovated
2013
Building Class
B

Features

Common Bike Storage
Key Card Access
Freight Elevator

About 116 New Montgomery St

116 New Montgomery Street was built in 1907, and it’s located in San Francisco’s Financial District. Tenants looking to rent office space will really enjoy the modern clean designs and furnishings of this place.

The building has 9 floors, 4 passenger elevators and 1 freight elevator. Tenants can access the building 24/7 through the keycard system. Overall, there are high ceilings and lots of natural light.

Units in 116 New Montgomery Street may offer reception areas, IT rooms, break rooms, pre-built suites, conference rooms, and lots of open work areas.

The building is listed on the National Register of Historic Places, and its beautiful architectural designs capture the eye from the entrance all the way through the marble and mosaic filled lobby.

116 New Montgomery Street is surrounded by numerous eateries, businesses, museums, and professional offices. It’s also just one block from the Montgomery BART station. The building’s facade features striking white and orange bricks.

Companies at 116 New Montgomery St

Walgreens Pharmacy Convenience Store Food Store Health

Internet Providers for 116 New Montgomery St

Provider Technology Max Download Speed Max Upload Speed
Level 3 Communications, LLC Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
50 Mb/s
Zayo Group, LLC Fiber
100 Mb/s
100 Mb/s
Sonic.net DSL
50 Mb/s
3 Mb/s
Megapath DSL
50 Mb/s
50 Mb/s
AT&T California DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: South of Market

On average, listings lease in the $60's per square foot per year. The South of Market submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Bay Area market, the South of Market submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
South of Market $68
/sqft/yr
4,130
sqft
Median Rate Median Size
Bay Area $44
/sqft/yr
2,500
sqft

Median Rate over Time in South of Market