
METLIFE INVESTMENT MANAGEMENT, THE JOHN BUCK COMPANY AND GOLUB & COMPANY ANNOUNCE FACEBOOK LEASE OF PARK TOWER IN SAN FRANCISCO SAN FRANCISCO, May 21, 2018 MetLife Investment Management, MetLife Inc.'s (NYSE: MET) institutional asset management platform, in partnership with The John Buck Company and Golub & Company, today announced that Facebook, Inc. has signed a long-term lease for all of Park Tower at Transbay, one of San Francisco's newest Class A office buildings.
Construction of Park Tower will be completed by the end of this year. The 43-story, 764,700 square foot building will comprise 755,900 square feet of LEED Gold office space that was designed to attract, retain and help develop San Francisco's technology workforce.
Joel Redmon, San Francisco-based managing director for MetLife Investment Management's real estate business, said: We're pleased to welcome Facebook to Park Tower. We've worked hard to design an office of the future that will facilitate technological innovation and provide a great foundation for Facebook's future success. Park Tower is the ideal combination of location, iconic design, and stunning views of San Francisco Bay from 70 percent of the floors. The project also features approximately 26,000 square feet of outdoor and open space including 14 sky decks.
Ben Kochalski, principal at The John Buck Company, added: Park Tower will provide tenants with an opportunity to build a truly vibrant community workspace within one of San Francisco's most exciting new neighborhoods. It is fitting that a dynamic global company so focused on building communities and bringing the world together will call Park Tower home.
The John Buck Company, co-owner of Park Tower, also acted as MetLife Investment Management's development partner. JLL represented the owners in the lease agreement, while architecture firms Goettsch Partners and Solomon Cordwell Buenz designed the project.
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