Ashforth’s initial acquisition in San Francisco, California, is the architecturally striking, landmark asset Orrick Building. Purchased in July 2007 and sold in 2014, the 98% occupied Orrick Building features an irreplaceable location within the “Transbay Redevelopment Area,” and is part of the four-building, Foundry Square master-planned development. The Orrick Building achieved LEED Platinum certification in 2010 and was one of the highest scoring multi-tenant office buildings ever.
Address: 405 Howard Street, San Francisco, CA
Owner: 405 Howard, LLC
Size: 504,000 sf
Acquired/Sold: July 2007-September 2014
Management Assignment: July 2007-November 2011
Awards: Received commendation from the San Francisco mayor’s office for innovative architecture and sustainability
Capital Improvements:
- Attained LEED-EB Platinum certification in 2010, becoming the highest ranked LEED Platinum building in the country.
- Several tenants have incorporated sustainable and LEED-rated design into their build-outs.
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