100 Pine Center

Infobox Skyscraper
building_name= 100 Pine Center


caption=
antenna_spire=
location= 100 Pine Street
San Francisco
status = Completed
use= OfficeCite web|title=100 Pine Center|url=http://skyscraperpage.com/cities/?buildingID=1114|publisher=SkyscraperPage.com|accessdate=2007-09-10]
roof= Convert|476|ft|m|abbr=on|0Cite web|title=100 Pine Center|url=http://www.emporis.com/en/wm/bu/?id=100pinecenter-sanfrancisco-ca-usa |publisher=Emporis.com|accessdate=2007-08-17|abbr=on]
floor_count=33
groundbreaking=
opening= 1972
floor_area= convert|402500|sqft|m2|-3|abbr=on
developer=
architect= Hertzka and Knowles
engineer=
contractor=

100 Pine Center is a Class A office building at the northwest corner of Pine Street and Front Street in San Francisco's Financial District. The building is Convert|476|ft|m|0 tall and has 33 floors, with convert|402500|sqft|m2|-3|abbr=on of rentable office space and a 130-car garage (150 cars with valet parking).cite web|url=http://www.unicoprop.com/properties/100_pine.html|publisher=Unico|title=100 Pine|accessdate=2007-12-01] cite web|url=http://www.waltonst.com/Our%20Funds/Fund%20I/100%20Pine%20Street.aspx|title=100 Pine Street|publisher=Walton St. Capital|accessdate=2007-12-01]

Completed in 1972 as headquarters of the Continental Insurance Company, the building is among the earlier of San Francisco's modern skyscrapers. By the start of the Dot-com bubble the property, then owned by Grosvenor Properties,cite news|publisher=San Francisco Business Times|date=1997-07-11|title=100 Pine falls to Chicago real estate kingpin|accessdate=2007-12-01|url=http://sanfrancisco.bizjournals.com/sanfrancisco/stories/1997/07/14/story7.html|author=Adam Feuerstein] was outdated and suffered from deferred capital maintenance. In 1997 it was purchased by Walton Capital, which invested heavily in upgrades, re-measured the building at 36,000 square feet larger than before, then aggressively re-leased space at higher rates. After two failed transactions [cite news|publisher=San Francisco Business Times|accessdate=2007-12-01|date=2000-03-03|title=Cornerstone pulls plug on deal for 100 Pine St.|author=Douglas Robson|url=http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2000/03/06/newscolumn2.html] Walton Capital sold the building to investors lead by Unico Properties in May, 2000 for USD $156 million.cite news|accessdate=2007-12-01|publisher=Business Wire|title=Unico Acquires 100 Pine Street in San Francisco|date=2000-11-27|url=http://findarticles.com/p/articles/mi_m0EIN/is_2000_Nov_27/ai_67364708] . Unico re-sold the property to the Alaska Permanent Fund based on a USD $149 million price in August, 2005, but retained a minority ownership share. [cite news|accessdate=2007-12-01|date=2007-08-19|title=Alaska Permanent Fund Acquires 100 Pine for Nearly $150 Million|publisher=LaSalle Investment Management|url=http://www.lasalle.com/en-US/news/2005/100_Pine.htm|author=Brooke Filkins]

The tower houses many daytime office workers. Major tenants include the New York Life Insurance Company and Art Technology Group. As of 2007 it is tied with 45 Fremont Center as the twenty-third tallest building in San Francisco. It was certified as being operated and maintained as a green building under the US Green Building Council's Leadership in Energy and Environmental Design for Existing Buildings (LEED EB 2.0) standards in July 2008. [cite web |title=US Green Building Council LEED Project List|url=http://www.usgbc.org/LEED/Project/CertifiedProjectList.aspx] .

ee also

*List of tallest buildings in San Francisco

References