Karl Baldauf, an Executive Managing Director with Newmark, specializes in office property leasing in the San Francisco central business district. With 32 years of experience in the industry, he has a unique perspective that reflects his successful careers in both traditional brokerage and with the significant San Francisco and national landlord, the Shorenstein Company. Closing more than 7.0 million square feet of transactions, Baldauf’s strengths are his natural leadership and teamwork skills and his depth of transaction experience in San Francisco’s high-rise market.
Baldauf’s real estate career began in 1987 at Damon Raike and Company, where he specialized in office leasing on both landlord and tenant representation assignments. From 1995 through 2005, he worked with the Shorenstein Company’s leasing team, and by 1999 he had moved into the role of senior vice president and regional manager of San Francisco properties. In this role, he was responsible for managing the San Francisco portfolio of more than 7.0 million square feet at 12 different properties.
In 2005 he joined the regional office of Cornish & Carey in San Francisco as a founding partner. He helped grow that office’s agency and tenant representation practices, culminating in the successful merger with Newmark in 2014.
Partial List of Lease Transactions
As a tenant representative:
- 181 Fremont, San Francisco: 432,000 SF (Facebook)
- 1 De Haro, San Francisco: 126,537 SF (Samsara)
- 199 Fremont Street, San Francisco: 396,000 SF
- 350 Mission, San Francisco: 455,340 SF (Salesforce)
- 450 Mission Street, San Francisco: 75,800 SF
- 555 California Street, San Francisco: 1.4 million SF
- 425 Market Street, San Francisco: 850,000 SF
- 50 Fremont Street, San Francisco: 817,000 SF
- 333 Market Street, San Francisco: 655,000 SF
- 50 California Street, San Francisco: 655,000 SF
- 45 Fremont Street, San Francisco: 600,000 SF
- 235 Montgomery Street, San Francisco: 475,000 SF
- 1 California Street, San Francisco: 460,000 SF
- 220 Montgomery Street, San Francisco: 434,500 SF
- 123 Mission Street, San Francisco: 425,000 SF
- 345 Spear Street, San Francisco: 402,000 SF
- Golden Gateway Commons, San Francisco: 300,000 SF
- 465 California Street, San Francisco: 265,000 SF
- 315 Montgomery Street, San Francisco: 230,000 SF
- 2 Harrison Street, San Francisco: 209,000 SF
As a tenant representative:
- Citigroup Inc.(multiple): 150,000 SF
- Dodge & Cox (multiple): 95,000 SF
- Hellman & Friedman: 40,000 SF
- Ripple Labs: 50,000 SF
Education
Baldauf graduated from University of California, Berkeley, with a political science degree. He lives in San Francisco with his wife, Elizabeth, and three children, Eva, Lachlan and Conlan.