9:15 AM
Newmark Cornish & Carey today announced UCSF Health leased approximately 40,000 square feet of Class A office space at Diamond Investment Properties’ Sierra Point Towers located at 8000 Marina Boulevard in Brisbane for nonclinical programs. UCSF Medical Center is currently ranked as the seventh best hospital in the nation.
“We are excited to welcome San Francisco’s premier health provider to our modern office buildings located at the gateway to San Francisco,” said Steve Diamond of Diamond Properties.
Taking pride in creating a uniquely designed space for each of its tenants, Sierra Point Towers offers turn-key tenant improvements free of charge.
“Over the past year we have worked closely with UCSF to design and create customized office space for several of their teams,” said Andrew Diamond of Diamond Properties. “At Sierra Point Towers, we ‘turn-key’ tenant improvement build-outs with sophisticated and creative design elements that complement the spectacular bay views - the kind of space a leading health provider deserves.”
UCSF Health will complete its move to Sierra Point Towers in the first quarter of 2017. It joins an impressive tenant roster including eBay Inc., Aimmune Therapeutics, Inc., Stella & Dot LLC, NetEase, BioMarin Pharmaceutical, Myovant Sciences Ltd., Horizon Pharma, Innoviva, Inc., XOJET, and many more. Over the past year, Sierra Point Towers has welcomed new tenants occupying more than 150,000 square feet.
Sierra Point Towers are twin eight and twelve-story bayfront office towers with approximately a half-million square feet of Class A office space. Located on Highway 101 at the first freeway exit south of San Francisco at 2000 Sierra Point Parkway and 8000 Marina Boulevard, shuttle service is available to Caltrain and BART. Sierra Point Towers features onsite restaurants and food trucks, fitness center, basketball court, outdoor collaboration areas and ample parking.
About Newmark Cornish & Carey
A dominant regional real estate force since 1935, Newmark Cornish & Carey has an expansive reach as part of Newmark Grubb Knight Frank, one of the world’s leading commercial real estate advisory firms. Regionally, Newmark Cornish & Carey has more than 280 agents in 13 strategically located offices throughout Northern California, creating a powerful platform from which to deliver superior services locally, while upholding its core values of integrity and knowledge. For further information, visit www.newmarkccarey.com.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit www.bgcpartners.com.