100 Pine Center
   HOME

TheInfoList



OR:

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 with 33 floors, and of rentable office space, a 150-car garage including 30 valet parking spaces. Completed in 1972 as headquarters of the Continental Insurance Company, the building is among the earlier of San Francisco's modern skyscrapers. It is one of 39 San Francisco high rises reported by the U.S. Geological Survey as potentially vulnerable to a large earthquake, due to a flawed welding technique. By the start of the
dot-com bubble The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Interne ...
the property, then owned by Grosvenor Properties, was outdated and suffered from deferred capital maintenance. In 1997, the building was purchased by Walton Capital, which invested heavily in upgrades, re-measured the building at larger than before, then aggressively re-leased space at higher rates. After two failed transactions, Walton Capital sold the building to investors led by
Unico Properties Unico Properties LLC (formerly University Properties Inc) is an American private equity real estate investment and development company based in Seattle, Washington, focused on the north-west and west of the US. It was founded in 1953. As of Se ...
in May 2000 for US$156 million. Unico re-sold the property to the
Alaska Permanent Fund The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). It was established in Alaska in 1976 by Article 9, Section 15 of the Alaska Sta ...
based on a US$149 million price in August 2005, but retained a minority ownership share. The property was acquired by the Rockpoint Group in February 2017 for US$287.5 million.


Tenants

The tower houses many daytime office workers. Major tenants include the
New York Life Insurance Company New York Life Insurance Company (NYLIC) is the third-largest life insurance company and the largest mutual insurance, mutual life insurance company in the United States, and is ranked #69 on the 2025 Fortune 500 list of the largest U.S. corporat ...
. As of 2016, it is tied with 45 Fremont Center as the twenty-sixth 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. The Consulate-General of Ireland is in the building..


See also

*
List of tallest buildings in San Francisco San Francisco, California, in the United States, has at least 482 high-rises, 58 of which are at least tall. The tallest building is Salesforce Tower, which rises and is the List of tallest buildings in the United States, 17th-tallest buildin ...


References

{{Authority control Office buildings completed in 1972 Skyscraper office buildings in San Francisco Financial District, San Francisco Leadership in Energy and Environmental Design certified buildings