Monday, December 18, 2006

Pay By Touch on Mission

Joins Technology Office Grab
San Francisco Business Times

One of the largest leases in the city this year...Pay By Touch on Mission

Pay By Touch has agreed to move into 93,000 square feet of office space at 560 Mission St., one of the largest city lease deals of the year and a striking example of the role that technology is playing in San Francisco's office resurgence.

This is one of the last remaining "large chunks" of space available in the South Financial District.

The building, an architectural gem. features a unique bamboo garden, creating both an ambiatic and transcendental atmosphere which can go a long way to woo sum China companies.

The rapidly growing company has signed a letter of intent to absorb floors six, seven, eight and nine of the dark green Cesar Pelli-designed building.

For pictures, click here...

The deal would double the company's space and absorb all of the remaining sublease space that JP Morgan put on the market.

JP Morgan leased the entire building at the time of completion in March of 2000, but has since subleased more than half to other tenants, mostly in the financial service industry.

From San Fran Biz Times