TMC has just completed another transaction with our client Auerbach + Associates. This one is for a new office HQ at 1045 Sansome Street in San Francisco. Auerbach + Associates is a longtime San Francisco company that is known world wide for their theatre design and lighting and audio services. Their projects include work at Carnegie Hall, the San Francisco War Memorial Opera House, and the Shanghai Grand Theatre.
Like most tenants in San Francisco that we serve, Auerbach was faced with a market where rental rates had doubled in 5 years. We were able to help them find the best space for their tenancy. A space they could make efficient and thereby cost effective for their use. Coupled with that we were able to negotiate with The Abbott Corporation, their landlord, for an adequate tenant improvement budget to fit out the space to Auerbach’s needs.
The transaction proved a win-win for both parties, and one that TMC was glad to be a part of.
TMC is a corporate real estate advisory business that has been in operation since 1986. We provide diverse services like tenant representation, lease renegotiation, operating expense reductions, and project management of tenant improvement buildouts. We are grateful to serve great companies like Auerbach + Associates. And with offices in the San Francisco Bay Area and Pacific Northwest we are uniquely located to assist clients throughout the West Coast.