New leases signed for commercial spaces along Crissy Field and on the iconic Main Post.
San Francisco, CA (November 22, 2021) – The Presidio Trust is pleased to have secured new leases for beautiful commercial spaces along Crissy Field and on its iconic Main Post. These low-density office spaces enjoy a national park-setting, with everything the Presidio has to offer – including open space, lush green lawns, and views of the Golden Gate Bridge and the San Francisco Bay. Commercial space in the Presidio is currently at 96% occupancy, with ongoing high demand that outpaces offerings downtown.
“The demand for our smaller, low rise, stand alone, commercial spaces has remained very strong throughout the pandemic, bucking the high vacancy trends we are seeing in other areas of the City. We know the new larger footprint spaces we are preparing for lease will be ideal for larger companies as they move to incentivize the return of their workforce to the office,” says Jeff Eichenfeld, Director of Commercial Asset Management.
Current tenant, advertising agency Camp and King, has moved to a new Presidio location at 920 Mason Street along Crissy Field. Over at the Main Post, Padlet, who developed and sells a productivity app, has taken Camp and King’s former 10,298 SF space at 86/87 Graham Street, expanding its office footprint. The Pill Club, a digital women’s healthcare provider, has leased a 5,550 SF suite in 103 Montgomery Street, sharing the first floor of the building with Kinnate Biopharma, a BioPharma company specializing in cancer therapies, who occupies 5,698 SF. It’s the first time the iconic red brick building has been leased since its rehabilitation in 2011. Cresta, an artificial intelligence (AI) company that is using AI to radically improve team performance with live prompts on the best thing to say during every customer interaction, has leased a 10,000 SF suite in the neighboring historic red brick building at 101 Montgomery Street.
The Bay School of San Francisco, a private high school that has operated at 35 Keyes Avenue since 2004, has leased the adjacent Building 36 (6,332 SF) for a period of 24 years. Says Luke Felker, head of The Bay School: “Our location is a significant draw for us as a high school in the city. The Presidio has incredible educational and recreational resources for our students, so we can’t imagine being anywhere else. We jumped at the chance to expand our campus here.”
More than 200 business, organizations, and schools occupy over two million square feet of workspaces in the Presidio. The commercial tenant community includes financial services, family businesses, venture capitalists, law firms, schools (from pre-school to high school), tech start-ups, creative services agencies, nonprofits, retail, restaurants and more. The park’s natural setting allows for a work-life balance that takes advantage of 24 miles of hiking trails, 25 miles of biking trails, beaches, and forests–a tranquil location contributing to a sense of wellness for those who work in the park. Renting a business in the Presidio directly supports park operations for all park users as rental revenue is reinvested directly into park upkeep and maintenance.
Says Alyse Tognotti, Cresta’s Chief of Staff: “We purposely chose to locate Cresta in the Presidio because we know it will serve as the perfect backdrop for innovation, inspiration, and productivity for our employees. There are a plethora of things to do within the national park that will help us balance work and play as we scale Cresta.”
“We’re thrilled to deepen our Bay Area roots by opening our first San Francisco office—in an iconic part of the city, no less,” said Liz Meyerdirk, CEO of The Pill Club. “This new space accelerates our efforts to recruit top talent and catalyzes our ability to offer even more services to our hundreds of thousands of patients.”
The Presidio Trust seeks an operator to activate two flagship restaurant locations at the Presidio Tunnel Tops in Buildings 201 and 215. Opening to the public in May of 2022, these locations are projected to see over a million visitors in the first year. Building 215 has a wood-fired pizza oven and the newly renovated building 201 (6,200 SF) is poised at the edge of a picnic plaza, with stunning views of the Golden Gate Bridge. Additional foodservice opportunities include a fully built out restaurant and bar space at 101 Montgomery Street, with 4,626 SF of indoor dining and 696 SF of outdoor porch space overlooking the park’s seven-acre Main Parade Lawn. The restaurant also features a private dining room and a beautiful open kitchen. There’s also restaurant space available in San Francisco’s most historic building, the Presidio Officers’ Club at 50 Moraga Avenue– it offers a large indoor dining room and bar, an outdoor patio, a private dining room and ample parking.
The Presidio is the ultimate business amenity – a world apart from downtown, yet convenient and close to everything. Situated in San Francisco’s national park site in the Golden Gate National Recreation Area, it offers access to the beautiful open spaces at Crissy Field, miles of hiking and biking trails, and the Chestnut Street and Union Street retail corridors. The free PresidiGo Shuttle offers daily service to regional transit connections in downtown San Francisco. Muni and other public transit stops are within walking distance, and metered parking is available on site. The Presidio is a great place to welcome and host clients and customers, with a choice of stellar event venues for meetings and retreats, two boutique hotels, a world-class golf course and multiple food options. Interested parties should contact Presidio Trust Commercial Leasing, Phone: (415) 561-5335, Email: email@example.com. Visit our website to discover all leasing opportunities in the park: /presidio-workspaces-leasing
The Presidio Trust is a federal agency that manages the Presidio of San Francisco, a national park at the heart of the 82,000-acre Golden Gate National Recreation Area. In partnership with the National Park Service and the non-profit Golden Gate National Parks Conservancy, the Presidio Trust brings alive the park’s historic, natural, and recreational assets for the inspiration, education, health, and enjoyment of all people. Spanning nearly 1,500 acres in a spectacular setting at the Golden Gate, the Presidio is defined by its history, spectacular views, natural habitats, and beautiful opens spaces. It is home to 3,000 residents and 200 tenant organizations, many of which welcome and serve the public. The Presidio Trust is focused on welcoming all to the national park experience, protecting and enhancing the environment, and operating in service to the public. Learn more at www.presidio.gov.