SOURCE: Glenborough, LLC

June 24, 2008 10:15 ET

Glenborough's 33 New Montgomery Inks Expanded Long-Term Lease With Selman Breitman, LLP

SAN MATEO, CA--(Marketwire - June 24, 2008) - Glenborough, LLC, a San Mateo, CA real estate investment and management company specializing in office properties, is pleased to announce a new long-term lease agreement at its 33 New Montgomery property in San Francisco, CA.

Selman Breitman, a regional law firm with more than 100 lawyers in five offices throughout California and Nevada, recently expanded its footprint at 33 New Montgomery nearly 25%. They now occupy the entire 6th floor of the building with additional 8th floor space for a total of 20,146 square feet. The tenant was represented by John Schneider, Executive Vice President, CresaPartners. Regional Leasing Director Michael McCormac represented Glenborough in the transaction.

33 New Montgomery is a 20-story Class A office building totaling 234,000 rentable square feet located in the San Francisco Financial District. Constructed in 1986, the property's distinctive and highly efficient plans provide up to 12 corner offices per floor with panoramic bay and city views. Its landmark clock tower gazes down over a wealth of amenities including the Moscone Convention Center, San Francisco Shopping Center, Union Square, the Sheraton Palace Hotel, Crocker Galleria Mall and many other government, retail, cultural, and recreational resources.

For leasing information, contact Michael McCormac at (650) 343-9300 or michael.mccormac@glenborough.com.

About Glenborough, LLC

Glenborough, LLC is a real estate investment and management company with 30 years of industry experience. Formerly a NYSE listed real estate investment trust, the company returned to its private roots in 2006. Glenborough is focused on the acquisition, management, leasing and development of high quality office properties and currently has over $2.8 billon of assets under management, including core, value add and development properties. The company's primary investment markets are Northern California, Southern California, Denver and Washington, D.C. For further information, visit www.glenborough.com.

Contact Information

  • Contact:
    Andrew Batinovich
    President and CEO
    Phone: 650.343.9300
    e-mail:andrew.batinovich@glenborough.com

    Glenborough, LLC
    400 South El Camino Real
    San Mateo, CA 94402-1708