Source: bisnow.com | Re-Post MNM Partners, LLC 10/25/2017 –
Dropbox has just signed the largest Class-A commercial lease ever inked in San Francisco.
The tech company signed a 15-year lease with Kilroy Realty Corp. for the entire 736K SF office at The Exchange on 16th in San Francisco. This mega-lease follows close behind Facebook’s lease at 181 Fremont for the entire 436K SF of office.
The Exchange on 16th, a four-building complex, is under construction in Mission Bay and Dropbox will occupy the office in three phases starting in the fourth quarter of 2018 through the fourth quarter of 2019.
The $570M LEED Platinum office project was designed by Rios Clementi Hale Studios and offers courtyards, light-filled open office space, rooftop gardens and 14K SF of retail.