Publications

Real Estate - SEPTEMBER 21, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Hines and NPS lead more than $2.5b bet on San Francisco

by Andrea Zander

Hines and the National Pension Service of Korea (NPS) has acquired the historic Pacific Gas & Electric Company (PG&E) campus in the South Financial District in downtown San Francisco.

Hines and its partner NPS, through a global build-to-core mandate, will completely reimagine and breathe new life into this irreplaceable, transit-oriented location over an entire city block. Upon completion, the PG&E campus will represent the largest deal along Market Street in San Francisco in the past 10 years and deliver two next generation office projects totaling approximately 1.6 million square feet and a future multifamily component.

The first of the two office projects will consist of the restoration and renovation of a 600,000-square-foot office complex dating back to the early 1900s. Hines plans to honor the building’s history and architectural integrity while elevating the office experience to trophy historic product quality. Hines will retain the historic archit

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.