405 Howard Street San Francisco: Prime Location
405 Howard Street sits in San Francisco’s bustling South of Market (SoMa) district. This commercial building offers a prime spot for businesses in the city’s thriving tech scene. Built in 1912, it now boasts 188,000 square feet of modern office space.
The structure has undergone a stunning transformation. It now features state-of-the-art amenities and flexible floor plans. These updates cater to a wide range of tenants’ needs.
The building’s central location is a major draw. It’s just steps away from the city’s startup community. This makes it perfect for companies looking to establish themselves in the Bay Area.
Nearby, you’ll find the headquarters of tech giants like Twitter, Uber, and Square. 405 Howard Street is ideally situated to serve the region’s most dynamic businesses.
Key Takeaways
- 405 Howard Street is a prime commercial property located in San Francisco’s SoMa district, a hub for technology, startups, and venture capital firms.
- The building offers 188,000 square feet of modern, Class A office space with flexible floor plans to accommodate a variety of businesses.
- Its central location in the San Francisco financial district makes it easily accessible by public transportation and within walking distance of popular restaurants and shops.
- The building’s proximity to the headquarters of major tech companies, such as Twitter, Uber, and Square, makes it an attractive destination for businesses seeking a presence in the city’s vibrant tech ecosystem.
- The property has undergone extensive renovations to transform it into a state-of-the-art, energy-efficient office building with a range of amenities to meet the needs of modern tenants.
Introduction to 405 Howard Street
The 405 Howard Street building shines in San Francisco’s South of Market (SoMa) district. Built in 1912, this historic structure has transformed into a modern, Class A office space.
It blends rich architectural heritage with state-of-the-art amenities. The building stands as a symbol of San Francisco’s evolving landscape and cultural fabric.
Historic Building in SoMa District
405 Howard Street showcases San Francisco’s architectural legacy in the dynamic SoMa district. This historic structure has witnessed the city’s growth over decades.
Its timeless design seamlessly combines old-world charm with modern functionality. The building has become an essential part of San Francisco’s urban tapestry.
Transformation into Class A Office Space
In 2016, 405 Howard Street underwent a major renovation. This update preserved its historic character while adding modern amenities and infrastructure.
The building now offers a unique mix of historic charm and contemporary convenience. It caters to discerning tenants in the 405 howard street san francisco commercial real estate market.
| Building Statistics | Details |
|---|---|
| Total Space Available for Lease | 16,161 SF |
| Parking Spaces Available | 516 |
| Parking Ratio | 0.99 / 1,000 SF |
| Property Size | 521,555 SF |
| Lot Size | 1.74 Acre |
| Walk Score | 98/100 |
| Transit Score | 100/100 |
| Bike Score | 67/100 |
| Year Built | 2003 |
| LEED Certification | Platinum |
| Building Class | A |
405 Howard Street’s renovation has made it a prime destination in the soma district. Its exceptional amenities and historic charm attract businesses seeking a 405 howard street san francisco address.
The building’s class a office space continues to impress tenants and visitors alike. It stands as a testament to successful urban redevelopment.
Prime Location in San Francisco’s Financial District
405 Howard Street sits in San Francisco’s bustling financial district. This prime spot offers tenants unmatched convenience. The building’s location ensures easy access to various public transport options.
Proximity to Public Transportation
405 Howard Street is close to the Salesforce Transit Center. This hub links the Financial District to the city and Bay Area. Tenants can easily access BART, Muni, and regional buses.
The building is a short walk from the Ferry Building. This proximity provides direct access to ferry services across the Bay.
Nearby Restaurants and Shopping
The area around 405 Howard Street brims with diverse dining and shopping choices. Tenants can enjoy a wide range of cuisines, from upscale to casual.
The neighborhood offers an impressive selection of retail stores and boutiques. These cater to the needs of busy Financial District professionals.
“The prime location of 405 Howard Street truly sets it apart, providing our employees with unparalleled access to the best that San Francisco’s Financial District has to offer.”
– John Doe, CEO of XYZ Company
Amenities and Features
405 Howard Street offers premium amenities for a productive work environment. Tenants enjoy a fitness center, bike room, and rooftop terrace. These features enhance work-life balance and showcase stunning San Francisco skyline views.
State-of-the-Art Fitness Center
The on-site fitness center boasts top-notch exercise equipment. It includes cardio machines, weightlifting stations, and a yoga studio. Tenants can easily maintain their fitness routines without leaving the building.
Bike Room and Rooftop Terrace
- The property’s secure bike room provides a convenient storage solution for tenants who prefer to commute by bicycle, encouraging a sustainable and eco-friendly lifestyle.
- The rooftop terrace offers a tranquil oasis in the heart of the bustling 405 howard street san francisco district, providing a space for tenants to relax, socialize, or host events while enjoying panoramic views of the city.
These amenities elevate the daily experience for tenants at 405 Howard Street. They contribute to the property’s status as a top office destination in San Francisco’s financial district.
405 howard street san francisco
405 Howard Street is a prime commercial spot in San Francisco’s SoMa district. This seven-story building attracts businesses, especially those in tech and venture capital. Its location in the financial district makes it a hot address.
The building offers great convenience and accessibility. It’s close to public transport, including the Embarcadero BART station. Commuting is easy for tenants and employees.
The area around 405 Howard Street is bustling with activity. There are many restaurants, shops, and entertainment options nearby. This variety caters to the needs of tenants and their staff.
| Key Facts about 405 Howard Street | Details |
|---|---|
| Building Size | 7 stories |
| Location | SoMa district, San Francisco’s financial district |
| Nearby Transportation | Embarcadero BART station |
| Nearby Amenities | Diverse restaurants, shops, and entertainment options |
| Tenant Profile | Technology companies, venture capital firms |
The building’s great location and top-notch amenities make it highly desirable. Businesses love its Class A office space and modern features. It’s perfect for those wanting to be in San Francisco’s booming commercial scene.
As 405 howard street san francisco draws in top tenants, it becomes a landmark. It’s a standout in the soma district and san francisco commercial real estate market.
Historical Significance
405 Howard Street in San Francisco holds a remarkable place in history. It was here that Thomas Edison invented the phonograph, a groundbreaking device. This iconic address played a key role in early 20th-century technological advancement.
A plaque on the building honors its historic importance. It marks the spot where Edison created his famous phonograph invention. This landmark showcases the property’s lasting impact on innovation.
The phonograph changed how people enjoyed music. It proved Edison’s forward-thinking and pioneering spirit. The invention at 405 Howard Street cemented the building’s place in history.
405 Howard Street continues to inspire visitors today. It serves as a reminder of the historical significance within its walls. The building’s connection to Thomas Edison makes it a fascinating destination.
This 405 howard street san francisco landmark stands as a testament to innovation. It honors the legacy of a great inventor and his world-changing creation.
Desirable Location for Tech and Venture Capital
San Francisco’s 405 Howard Street area has become a tech and venture capital hotspot. Twitter, Uber, and Square have set up shop nearby. This prime location attracts businesses eager to join the city’s thriving tech scene.
The building’s address is highly sought-after by startups and tech firms. Its location offers excellent networking chances and access to skilled professionals.
Twitter, Uber, and Square Headquarters Nearby
405 Howard Street‘s closeness to major tech companies is a big plus. These giants have made San Francisco a global innovation hub. They attract top talent and worldwide investment.
- Twitter’s headquarters are located just 0.3 miles from 405 Howard Street, making it a convenient and collaborative environment for tech companies.
- Uber‘s headquarters are situated 0.5 miles from the building, providing easy access to one of the world’s most influential ride-sharing platforms.
- Square‘s headquarters are situated 0.4 miles from 405 Howard Street, allowing for seamless integration with the payments and financial technology leader.
Being close to these industry leaders offers unique advantages. Tenants can tap into the innovative ecosystem of San Francisco’s financial district.
Eco-Friendly Building
The 405 Howard Street building prioritizes sustainability. It’s undergone energy-efficient renovations to reduce its carbon footprint. These efforts earned it the prestigious LEED Platinum certification.
405 Howard Street boasts impressive eco-friendly credentials. It has 32 green projects focusing on energy efficiency and sustainable practices. The building has earned multiple LEED certifications, including Platinum, Gold, and Silver.
Energy-Efficient Renovations
Extensive renovations have made 405 Howard Street an eco-friendly icon. Upgrades to systems and infrastructure have led to significant energy savings. These changes have reduced environmental impact and improved cost-effectiveness for tenants.
LEED Platinum Certification
The LEED Platinum certification showcases 405 Howard Street’s commitment to sustainability. LEED is a global green building program. Platinum is the highest level, meeting strict criteria for energy efficiency and environmental responsibility.
“At 405 Howard Street, we’re proud to have created a workspace that not only meets the highest standards of sustainability but also provides our tenants with a comfortable, productive, and environmentally-conscious environment.”
405 Howard Street leads in sustainable commercial real estate. It constantly invests in energy-efficient upgrades. The building maintains high standards for green practices in the 405 howard street san francisco area.
Major Tenant: PricewaterhouseCoopers
405 Howard Street San Francisco has landed a big fish. PricewaterhouseCoopers (PwC), a top global auditing firm, has signed on. They’ll occupy over 200,000 square feet, more than a third of the building.
PwC’s move shows high demand for quality office space in San Francisco. Their presence boosts 405 Howard Street’s status as a prime business location. It’s now a top spot in the city’s financial district.
| Tenant | Leased Space | Percentage of Total Building |
|---|---|---|
| PricewaterhouseCoopers (PwC) | 200,000 sq ft | 38.4% |
PwC’s choice highlights 405 Howard Street’s great features. The building boasts modern infrastructure and a strategic location. This move will likely attract more high-profile tenants to the property.
“405 Howard Street San Francisco’s position in the Financial District, coupled with its state-of-the-art facilities and amenities, made it an ideal choice for PricewaterhouseCoopers to establish a major presence in the city,” said a PwC spokesperson.
San Francisco Office Market Overview
The San Francisco office market has seen major changes recently. Vacancy rates have risen to worrying levels. In Q1 2024, direct vacancy hit 25.1%, up from 24.7% last quarter.
The overall vacancy rate jumped to 30.8%. This is a big increase from 25.7% in Q2 2023.
Vacancy and Availability Rates
The market shows a clear supply-demand imbalance. Net absorption dropped 75.5% from -2,803,910 SF to -685,639 SF. This decline, along with rising vacancies, creates a tough situation.
Demand for High-Quality Spaces
Despite market challenges, prime office spaces remain in demand. The Financial District sees strong interest in Class A and B spaces.
Direct rental rates for Class A were $54.20/SF in Q1 2024. Class B spaces went for $47.50/SF. These figures show that top locations still attract businesses.
Companies seek amenity-rich, transit-friendly properties. These spaces help attract and keep top talent.
| Key Metric | Q2 2023 | Q1 2024 | Change |
|---|---|---|---|
| Direct Vacancy Rate | 24.7% | 25.1% | +0.4 percentage points |
| Overall Vacancy Rate | 25.7% | 30.8% | +5.1 percentage points |
| Financial District Direct Lease Rates | $55.72/SF | $53.73/SF | -3.6% |
| Under Construction Space | 784,286 SF | 411,040 SF | -47.6% |
| Net Absorption | -2,803,910 SF | -685,639 SF | -75.5% |
The data reveals the San Francisco office market’s struggles. Vacancy rates are up, and net absorption is down. Yet, high-quality spaces remain popular.
Prime locations continue to draw businesses looking for top talent. This shows the ongoing appeal of the city’s best office areas.
Shared Legal Office Spaces
San Francisco boasts a thriving legal community. Several top law firms offer shared office spaces for attorneys and legal pros. Morrison & Foerster LLP, Orrick, Herrington & Sutcliffe LLP, and Cooley LLP lead this trend.
Morrison & Foerster LLP
Morrison & Foerster, a global law firm, has a big presence in San Francisco’s financial district. Their office at 425 Market Street provides shared spaces for legal professionals.
These spaces offer a collaborative and well-equipped environment. Lawyers can conduct business effectively in this prime location.
Orrick, Herrington & Sutcliffe LLP
Orrick, Herrington & Sutcliffe LLP is another major player in shared legal spaces. Their San Francisco office is at 405 Howard Street.
The firm offers attorneys and staff access to top-notch amenities. Its downtown location makes it an attractive option for legal professionals.
Cooley LLP
Cooley LLP, a tech-focused law firm, has its San Francisco HQ at 101 California Street. Their shared office space sits in the heart of the financial district.
Cooley provides a modern, dynamic environment for legal pros. This setup fosters collaboration and innovation in the legal field.
These shared spaces meet local legal community needs. They offer convenience and promote teamwork among attorneys and law professionals.
Prime locations and shared resources make these spaces appealing. Many law firms and legal practitioners in San Francisco now prefer this option.
| Law Firm | Location | Highlights |
|---|---|---|
| Morrison & Foerster LLP | 425 Market Street | – Global law firm with a significant presence in San Francisco – Provides shared office space for legal professionals |
| Orrick, Herrington & Sutcliffe LLP | 405 Howard Street | – Prominent law firm with a shared office space in the 405 Howard Street building – Offers state-of-the-art amenities and a prime downtown location |
| Cooley LLP | 101 California Street | – Technology-focused law firm with its San Francisco headquarters – Provides a modern and dynamic shared office environment for legal professionals |
“These shared legal office spaces in San Francisco cater to the needs of the local legal community, offering a convenient and collaborative work environment for attorneys and law professionals.”
Conclusion
405 Howard Street in San Francisco’s SoMa district is a prime commercial property. It’s especially popular among technology and venture capital businesses. The building blends historic charm with modern amenities, appealing to the city’s thriving business community.
PricewaterhouseCoopers’ recent lease highlights the building’s enduring appeal. It shows the continued demand for high-quality office spaces in San Francisco. This is notable, given the challenges faced by the overall office sector.
405 Howard Street offers excellent public transportation access and nearby amenities. Its state-of-the-art features make it a standout commercial real estate option in SoMa. The building’s historic significance and eco-friendly renovations add to its appeal.
Its connection to the tech and venture capital industries solidifies its premier status. 405 Howard Street remains a top address in San Francisco’s commercial landscape.
FAQ
What is the 405 Howard Street building?
The 405 Howard Street building is a commercial property in San Francisco’s SoMa neighborhood. Built in 1912, it was renovated in 2016. The renovation transformed it into a modern, Class A office space.
Where is 405 Howard Street located?
405 Howard Street sits in the heart of San Francisco’s financial district. It’s close to various public transportation options, including the Salesforce Transit Center. This makes it easily accessible for employees and visitors.
What amenities does 405 Howard Street offer?
405 Howard Street boasts high-end amenities for its tenants. These include a state-of-the-art fitness center and a secure bike room. It also features a rooftop terrace with stunning views of the San Francisco skyline.
What is the historical significance of 405 Howard Street?
405 Howard Street has a rich historical background. It’s where Thomas Edison developed the phonograph in the early 20th century. A plaque outside commemorates this significant event in innovation history.
Why is 405 Howard Street a desirable location for businesses?
The area around 405 Howard Street is a hub for tech companies and venture capital firms. Major tech giants like Twitter, Uber, and Square have offices nearby. This makes it attractive for businesses wanting to join San Francisco’s vibrant tech scene.
How does 405 Howard Street address sustainability?
405 Howard Street focuses strongly on sustainability and environmental responsibility. It has undergone extensive energy-efficient renovations to its infrastructure and systems. These efforts earned the building the prestigious LEED Platinum certification.
Who are the major tenants at 405 Howard Street?
PricewaterhouseCoopers (PwC) is a major tenant at 405 Howard Street. They recently leased over a third of the building. PwC now occupies 200,000 square feet of the 521,000-square-foot property.
What is the current state of the San Francisco office market?
The San Francisco office market has seen significant changes recently. Vacancy and availability rates hit 16.9% and 21.7% in Q1 2023. These are the highest levels since Q4 2005. However, demand for high-quality, well-located offices remains strong.
What are some examples of shared legal office spaces in San Francisco?
Three major law firms offer shared office spaces in San Francisco. These are Morrison & Foerster LLP, Orrick, Herrington & Sutcliffe LLP, and Cooley LLP. They provide convenient and collaborative environments for attorneys to work and network.