News & Awards.
including honors for “Best Mixed Use,”
“Best Office,” and “Best Historic Rehabilitation”.
SAN FRANCISCO (May 3, 2022) –TMG Partners, one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announced today the close of a lease transaction with Ripple Labs, Inc., the leading provider of enterprise blockchain and cryptocurrency solutions, at 600 Battery Street, a 124,547-square- foot-building located in the heart of San Francisco’s Jackson Square neighborhood. “TMG and Invesco Real Estate welcome Ripple Labs to 600 Battery,” said TMG President Matt Field and Invesco Real Estate Managing Director Jay Hurley in a joint statement. “This lease represents the continued demand for high-quality offices, particularly those with outdoor space, in well-amenitized areas.”
The three-story 600 Battery Street building enjoys high ceilings, expansive window lines and large floorplates with interconnecting stairs. The property recently completed renovations, including a new lobby and a large roof deck to create a unique outdoor work and collaboration space with views of Coit Tower, the Bay, and Downtown. The property also benefits from adjacency to Sydney Walton Park and some of San Francisco’s best restaurants.
TMG Partners was represented by Phil Tippett and Conor Famulener of CBRE and Ripple Labs, Inc. was represented by Derek Johnson, Travis James, and Brittan Hawken of JLL.
About TMG Partners
TMG Partners, founded in 1984 and headquartered in San Francisco, is a full-service real estate development and management company. One of the most active developers in the Bay Area Region, TMG has a portfolio of more than 30 million square feet across Oakland, San Francisco, San Jose, and other Bay Area cities that includes a variety of office, retail, residential, and industrial properties, ranging from office campus and multi-story properties in urban-infill locations to mixed-use and single-story suburban buildings. For detailed information, visit TMG Partners.
About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with $91.8 billion in real estate assets under management, 582 employees and 21 regional offices across the U.S., Europe and Asia Pacific (as of December 31, 2021). Invesco Real Estate has been actively investing in core, value-add and opportunistic real estate strategies since 1983. Invesco Real Estate is the real estate investment center of Invesco Ltd., an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.
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