DivcoWest has formed a joint venture with funds affiliated with Blackstone Real Estate to reposition 300 Howard St., a prominent 25-story office tower in San Francisco’s vibrant South Financial District. As part of the agreement, Blackstone has acquired a joint-control interest in the property.
Previously known as 199 Fremont, the 420,000-square-foot tower has been reimagined to embrace its location within “AI Alley,” where a growing wave of tech and AI companies are redefining the area.
DivcoWest and Blackstone have a repositioning strategy with hospitality-inspired upgrades, including a new conference center, lounge spaces, and fitness and wellness facilities.
“We’re excited to embark on a long-term partnership with Blackstone in this venture, as 300 Howard sits at the heart of one of the most innovative commercial corridors in the country,” said Gregg Walker, president of DivcoWest Real Estate Asset Management. “Together, we’re making a bold i
