Market Square

1355 Market Street
San Francisco, CA 94103

PROPERTY DESCRIPTION

Market Square consists of two buildings joined by a landscaped plaza and features 1.1 million square feet of Class A office and street-level retail.  The original building, formerly known as the Western Furniture Exchange and Merchandise Mart, is an Art Deco icon.  The historic building located at 1355 Market Street was completed in 1937 and has been extensively renovated maintaining its classic architecture and at the same time offering modern and state-of-the-art conveniences.  The 80,000 square foot floor plates and large blocks of contiguous space allow occupants extraordinary opportunities and virtually unlimited configurations to create customized work environments.   Shorenstein has leased over 638,000 square feet of space to dynamic technology tenants such as Twitter, Yammer, Call Socket and One King’s Lane.  The second building, known as 1TENth, is currently 78% occupied.  Shorenstein will complete the redevelopment this summer with the opening of The Commons, people-oriented green space between the two buildings that will create a cohesive and rich, urban campus environment.  In February 2014, the U.S. Green Building Council awarded Market Square LEED Gold certification for Core & Shell.

Market Square spans an entire block along Market Street between 9th and 10th Streets located in the Mid-Market submarket of San Francisco.  Its location puts it in an area where more than 4,500 new residential units have risen in recent years and it is also connected to SOMA’s commercial district, Hayes Valley’s restaurants and shops and is across Market Street from Civic Center Plaza, Davies Symphony Hall, War Memorial Opera House, the Asian Art Museum, Bill Graham Civic Auditorium and a short walk from the city’s theater district.  Several forms of public transportation, including the Civic Center BART station located steps away, serve the property.

Property Facts

1355 Market
•    Completed in 1937; redeveloped in 2012
•    11-story office building with supporting retail
•    775,000 square feet

1TENth
•    Completed in 1974; currently being redeveloped for delivery in spring 2014
•    10-story office building with supporting retail
•    335,000 square feet

PROPERTY FEATURES

LEED® Certified

Awarded LEED® Gold certification for Core & Shell in February 2014

Parking

350-stall subterranean parking garage with attendants

Floor Plates

  • Market Square North:  +/- 80,000 square feet
  • Market Square South:  +/- 35,000 square feet

Elevators

  • Market Square North:  6 new passenger elevators within the new office core serving floors 1 through 11; upgraded 4 existing historic passenger elevators; 2 freight elevators
  • Market Square South:  4 passenger elevators in one bank, which were modernized in 2006; 1 freight elevator

Tenant Access

24-hour tenant access, 365 days a year

Security

24-hour professional security staff, 365 days a year.  Manned security service; elevators and lobbies are secured by a card access system after hours; and building lobby has closed circuit TV system with monitors located at the main lobby security desk

Telecommunications

Advanced telecommunications infrastructure and service

Architecture

Art Deco architecture; Grand marble lobby; operable windows; modern upgrades

The Civic Center neighborhood surrounding Market Square is an amenity-rich, cultural hub of San Francisco. The neighborhood is home to City Hall, Davies Symphony Hall, the War Memorial Opera House, the San Francisco Main Public Library and a host of other civic and cultural icons, making this the heart of city government and culture.  Neighboring Hayes Valley is a hot spot for eclectic dining and shopping.

CIVIC CENTER CULTURAL ATTRACTIONS

The Asian Art Museum
200 Larkin Street
The Asian Art Museum is one of the largest Western museums dedicated to Eastern art.  The Museum features 6,000 years worth of history and 15,000 pieces of intellectual and aesthetical achievement.

Bill Graham Civic Auditorium
99 Grove Street
The Civic Auditorium is a San Francisco landmark, forming a cornerstone of the historic Civic Center Plaza.  The 7,000-seat auditorium, 40 meeting rooms, and extensive lobby host corporate meetings, sporting events, concerts, and tradeshows.

Civic Center Plaza and United Nations Plaza
Civic Center Plaza and United Nations Plaza is an open space for rallies and other civic gatherings, such as lectures, concerts, and demonstrations.

Ninth Circuit Court of Appeals
95 Seventh Street
The U.S. Court of Appeals is an historic building.  It has an elaborate granite exterior and interiors of marble, decorative plaster and hardwoods.

Heart of the City Farmers Market
1182 Market Street
The Heart of the City Farmers Market operates every Sunday and Wednesday at United Nations Plaza offering a variety of fresh produce and more.

Herbst Theatre
401 Van Ness Avenue
The Herbst Theatre is a vital and active performance venue for numerous organizations presenting a wide range of artistic, cultural, and entertainment programming.

Louise M. Davies Symphony Hall
201 Van Ness Avenue
The 2,000-seat symphony hall opened in 1980 and is home to the nationally syndicated San Francisco Symphony and the Fratelli Ruffatti electro-pneumatic pipe organ, the largest concert hall organ in North America.

THEATER DISTRICT

American Conservatory Theatre
415.749.2228
415 Geary Boulevard
The American Conservatory Theatre is an acclaimed training institution and regional theater. It’s premier performance was in 1967 and in 1979 won a Tony Award for outstanding theater performance and training. The theatre is located just one block from Union Square between Mason and Taylor Streets.

Curran Theatre
415.551.2000
445 Geary Street
The Curran’s premiere performance was September 1922 and was called the “handsomest theatre on the coast.” After extensive renovations in 1993 – made to accommodate the five year engagement of Andrew Lloyd Webber’s mega hit musical, The Phantom of the Opera – the Curran Theatre continues to thrive under the direction of Carole Shorenstein Hays and Scott E. Nederlander. The theatre is located just one block from Union Square between Mason and Taylor Streets.

Golden Gate Theatre
415.551.2000
1 Taylor Street
The Golden Gate Theatre opened in 1922 with much fanfare, including lines that wrapped around the block. Protocol necessitated that gentlemen wear top hats and that ladies be dressed in formal gowns when attending the Golden Gate. The grand opening was a highlight on the social calendar in San Francisco. As a key player in the Best of Broadway seasons since 1979, the Golden Gate Theatre has hosted show-stopping musicals. The theatre is located just off Market Street between Taylor and Jones Streets.

Orpheum Theatre
415.551.2000
1192 Market Street
The Orpheum Theatre originally opened as a vaudeville theatre in 1926. Through the years, the theatre evolved from vaudeville performances to a movie house and then in 1970, an American Conservatory Theatre production of the breakthrough musical, Hair, was presented and the appearance of the irreverent “tribe” on-stage signaled the reawakening of the Market Street building as a home of legitimate theatre in San Francisco. Today, the Best of Broadway series continues to play under the direction of Carole Shorenstein Hays and Scott E. Nederlander.  The theatre is located just off Market Street between Hyde and Leavenworth Streets.

Theatre on the Square
415.433.9500
450 Post Street
Theatre On The Square was originally a stately meeting hall on the second floor of this uniquely styled, Mediterranean-Gothic building. The Theatre’s premier performance was June 1982 with the Tony nominated and Pulitzer Prize winning Talley’s Folly by Landford Wilson. Theatre On The Square has presented over 60 productions including some of Broadway’s finest Tony award winners. The Theatre and box office is located on the 2nd floor of The Kensington Park Hotel just a half block from Union Square between Mason and Powell Streets.

 

HAYES VALLEY NEIGHBORHOOD

Hayes Valley in San Francisco is a unique shopping district featuring: art and artifacts, bordeaux and beer, vintage wear and fresh dressings, resale and collectibles, cozy cafes and hip bars, souffles and sauerbraten, antique divans and modern chairs, fancy confections and cool housewares, handcrafted jewels and handmade frames. Located near the SF Symphony and Ballet, you can enjoy some culture while meeting friends for shopping or dining.

MAPS


Driving Directions

PUBLIC TRANSIT

Bay Area Rapid Transit (BART)
510.465.2278

BART is the Bay Area’s public transit system of high-speed electric trains, which connects Contra Costa, Alameda and San Francisco counties (see local map).  The Civic Center BART station is just steps away from Market Square.

Muni
415.673.6864
Antique Muni street cars, the “F” line, run along Market Street and stop at every block, including 9th Street at Market Square.

 

PARKING

Market Square Garage
1355 Market Street, entrance on 10th Street between Market and Stevenson Streets
450-stall garage with parking attendants.

Civic Center Plaza Garage
355 McAllister Street
840-stall garage

Fox Plaza Garage
1390 Market Street, entrance on Hayes Street
430-stall garage

SOMA Grand Parking Garage
1160 Mission Street
504-stall garage

LEASING REPRESENTATIVES

Shorenstein Realty Services, L.P.
235 Montgomery Street
San Francisco, CA 94104
415.772.7000

Jim Collins
415.352.7239

Tom McDonnell
415.772.7086

PROPERTY MANAGER

Shorenstein Realty Services, L.P.
1355 Market Street, Suite 200
San Francisco, CA 94103

Lindsay Schamber
415.437.7100