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Tenant Representation

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J.P. Morgan had a need to consolidate multiple businesses and provide a significant growth platform for its newly acquired, market leading, high-tech investment banking business, Hambrecht and Quist.
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Thomas  Poggi <br /><br /> <span>Principal</span>

J.P. Morgan had a need to consolidate multiple businesses and provide a significant growth platform for its newly acquired, market leading, high-tech investment banking business, Hambrecht and Quist.

The CAC Group's long-term relationship with H & Q was embraced by J.P. Morgan and broadened in this significant tenant representation assignment. After a thorough assessment of H & Q/JPM needs, a strategy was put in place to explore all existing and to be built alternatives in traditional and non-traditional Central Business District locations. Competition was fierce due to a very strong economy and competition from other premier financial services companies, as well as exploding Dot.Com companies.

The search focused on an elegant, state of the art, new building designed by distinguished architect I.M. Pei and developed by Hines at 560 Mission Street. This project would provide unmatched efficiencies, strong corporate identity, an unparalleled infrastructure and superb technology platform. The CAC Group arranged a long term, 660,000 square foot full-building lease, the largest lease in San Francisco history, at 560 Mission Street.

The CAC Group has continued its service to J.P. Morgan to this day on many leasing and subleasing assignments in San Francisco and beyond.

This transaction is the largest lease in San Francisco history and was awarded the San Francisco Times Best Office Lease in San Francisco in 2000.
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