The Swig Company Has Acquired 115 Sansome In San Francisco's Financial District.Expands Its Bay Area Portfolio Again Following the Purchase of Oakland's Kaiser Center Last Year SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- The Swig Company, a privately-owned real estate investment and management company based in San Francisco, has purchased 115 Sansome Street in San Francisco's financial district. Although the purchase price was not disclosed, the seller was an affiliate of Prudential Insurance Company. 115 Sansome is a 14-story, plus penthouse, office tower offering more than 128,838 square feet of net rentable space. The building is currently 95 percent leased to high-caliber tenants, including the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , DHC DHC Dihydrocodeine DHC District Heating and Cooling DHC Dark Horse Comics DHC Dynein Heavy Chain DHC DeHavilland Canada (aircraft) DHC Discovery Health Channel DHC Drop Head Coupe and HDR (1) (High Data Rate) A wireless data technology from QUALCOMM that provides up to a 2.4 Mbps data rate in a standard 1.25MHz CDMA voice channel. HDR can be used to enhance data capabilities in existing cdmaOne networks or in stand-alone data networks. Brown Vence. Originally the first of two well-known Standard Oil Headquarters Buildings, 115 Sansome features high ceilings and window-lines fronting on Sansome Street, Bush Street and Treasury Place. Although it has undergone extensive renovation since being built, the Beaux-Arts style Beaux-Arts style or Second Empire style or Second Empire Baroque Architectural style developed at the École des Beaux-Arts in Paris. It enjoyed international dominance in the late 19th century (see building has retained its extraordinary architectural character and exterior details. The interior, which features 9,000 square foot floor plates, has changed considerably as both tenant and common areas have been fully renovated. "This building is a welcome addition to our San Francisco portfolio," said Jeanne Myerson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of The Swig Company. http://www.swigco.com/portfolio.html "Given the improving health of the downtown market, we will now be able to provide a greater number of options to satisfy our various building tenants' growing space needs." In addition to newer buildings in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay , Manhattan and Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , The Swig Company has been honored nationally for the way it modernizes the infrastructure of older buildings while maintaining the unique architectural character of its buildings. "115 Sansome satisfies a niche in a market characterized by smaller users. The building promotes stronger tenant identity compared against larger cookie-cutter buildings where a small-to-mid-sized company gets lost. We think it's good business to own and operate a variety of special properties. We like the fact that quality properties, such as 115 Sansome, help the City retain its historic feel and character," said Myerson. In recent years The Swig Company has purchased the prestigious Kaiser Center in Oakland, Mountain Bay Plaza in Downtown Mountain View and 501 Second Street in San Francisco. About The Swig Company The Swig Company (www.swigco.com) is a private investment company with over 70-years of experience in the development, ownership and management of commercial real estate properties in major markets throughout the United States. The company's diversified portfolio includes over 8.5 million square feet of office buildings in markets such as New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , San Francisco, Dallas and Southern California. The Swig Company also owns and controls over 805 full-service luxury hotel rooms and 71 suites, approximately 650,000 square feet of industrial space, and an assortment of other credit-leased properties and land parcels. The Swig Company invests its own capital alongside numerous institutional and private investors, serving as the operating partner. Our investment mission is to add value through proactive asset-management, acquisitions, dispositions, selective development and redevelopment and professional property management. |
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