毕马威美国拟搬出租用了20年的“冠名”办公楼！|写字楼_新浪财经

来源：四大新鲜事儿

在旧金山市中心一栋25层的办公大楼于2002年开业一年后，毕马威首次在这座大楼内租用办公室，并获得了冠名权，这座大楼即为被大家熟知的“毕马威大楼”。

作为全球四大会计师事务所之一，毕马威最初在第二街55号签订了一份为期10年的合同，租下了9万平方英尺的写字楼，这是2003年第二大写字楼交易。此后，毕马威的占地面积不断扩大。目前，这座总面积为380,000平方英尺的大楼的近三分之一被毕马威租用。

但现在，该公司正在考虑结束其在同名大厦长达20年的租约。旧金山的写字楼市场持续动荡，可用的写字楼空间超出了租户目前的需求或愿望，导致该市的写字楼租金（不久前还是全美租金最高的城市之一）在疫情之后出现下滑。

根据房地产信息公司Costar的数据，毕马威在第二街大楼内的办公室租约将于今年年底到期，毕马威办公室公占用八层，面积约为12.5万平方英尺。Chronicle上周获得的一份新上市清单显示，该办公室的空间已经可直接租赁。

记者联系到毕马威时，该公司拒绝就其未来在旧金山的房地产计划置评。派拉蒙集团(Paramount Group)是第二街55号的部分股东，负责管理该大楼。该集团也拒绝就该楼盘的上市情况以及与毕马威(KPMG)的租约状况置评。

不过，匿名知情人士透露，毕马威去年曾在旧金山物色一处规模较小的新办公室。他们说，该公司当时正在市场上寻找约7.5万平方英尺的办公空间，比目前的办公空间小40%。目前尚不清楚该公司是否选择了上述新办公地点。

目前也不清楚该公司是否仍在积极谈判，以保留第二街55号的全部或部分空间。

去年，毕马威在美国进行了两轮裁员，削减了近2700个工作岗位。在疫情爆发后，该公司改用混合工作模式，从而实现了远程工作的灵活性。

毕马威从第二街55号(无论是部分还是全部)撤出，都将对旧金山的写字楼市场造成又一次打击。进入新年之际，旧金山的写字楼空置率接近36%，处于历史高位。

它还可能使毕马威在第二街55号的房东（派拉蒙和以色列保险公司哈雷尔保险公司创建的合资公司）的财务状况复杂化。

当合资企业于2019年8月收购毕马威大厦时，它的价值为4.017亿美元，约为每平方英尺1057美元。2019年8月21日，派拉蒙完成对旧金山第二街55号合资企业44%权益的收购。派拉蒙在给投资者的2019年年度报告中表示，该合资企业承担了与此次收购有关的1.37亿美元抵押贷款，并“追加了5000万美元”。

这笔1.87亿美元的抵押贷款定于2026年到期。

毕马威在第二街55号的房东最近还面临着2.73亿美元贷款违约的危险，这笔贷款是为其位于旧金山使命街300号(300 Mission St.)的另一处办公物业提供的，原定于10月到期。

派拉蒙在向投资者发布的2023年第三季度收益报告中称，该公司成功完成了2.32亿美元的贷款再融资，这笔贷款将于2026年到期。派拉蒙也是300 Mission的出资方之一。

同样，据《商业时报》报道，派拉蒙及其股权合作伙伴黑石集团(Blackstone)为旧金山一处160万平方英尺的写字楼One Market Plaza获得了9.75亿美元的贷款延期，该项目原定于明年2月到期。

原英文报道如下：

When KPMG first leased space inside a 25-story office tower in downtown San Francisco, a year after the building opened for business in 2002, the company obtained naming rights, leading to the tower becoming widely known as the “KPMG building.”

One of the world’s four largest accounting firms, KPMG initially took 90,000 square feet at 55 Second St. in a 10-year contract, marking the second-largest office deal of 2003. It has since grown its footprint to span nearly one-third of the 380,000-square-foot building.

But it now appears that the firm is considering ending its two-decade-long tenancy inside its namesake tower. The consideration comes amid continued turmoil in San Francisco’s office market, which is causing the city’s office rents — not long ago among the highest in the nation — to dip in the wake of the pandemic as more office space has become available than tenants currently need or desire.

KPMG’s lease for its office inside the Second Street tower, which spans roughly 125,000 square feet across eight floors, according to real estate information firm Costar, is set to expire at the end of this year, and already its space is being marketed as available for leasing on a direct basis, per a new listing obtained by the Chronicle last week.

KPMG declined to comment on its future real estate plans in San Francisco when contacted on Tuesday. Paramount Group, which is a partial stakeholder in 55 Second St. and manages the building, also declined to comment on the listing and the status of its lease with KPMG.

However, individuals with knowledge of the listing have confirmed that KPMG was on the hunt last year for a new, smaller office in San Francisco. Those individuals, who spoke on the condition of anonymity in order to protect business relations, say that the company was scouring the market for about 75,000 square feet of space, 40% smaller than its current digs. It is unclear whether that search resulted in the firm selecting a new location.

It is also not known whether the company remains in active negotiations to keep all or some of its space at 55 Second St.

KPMG cut nearly 2,700 U.S.-based jobs in two rounds of layoffs last year, and it switched to a hybrid work model in the wake of the pandemic, allowing for flexibility around remote work.

KPMG’s potential exit from 55 Second St. — whether partial or in full — would come as another blow to San Francisco’s office market, which entered the New Year with a historically high office vacancy rate of close to 36%.

It could also potentially complicate the financial realities of KPMG’s landlords at 55 Second St., a joint venture that includes Paramount and Israeli insurer Harel Insurance.

When the joint venture acquired the KPMG building in August 2019, it was valued at $401.7 million, or roughly $1,057 per square foot. Paramount said in a 2019 annual report to its investors that the joint venture assumed an existing $137 million mortgage in connection with the acquisition, and “upsized it by an additional $50 million.”

That $187 million mortgage is slated to mature in 2026.

The building, which also counts software companies Intercom and Rippling among its tenants, is currently 86.7% occupied. Back in 2019, occupancy was at 95.7%.

“With a majority of in-place leases scheduled to roll through 2023, we see significant opportunities to increase revenue through our leasing efforts,” Paramount said about the building in its 2019 investor report.

But the situation in San Francisco changed dramatically just a few months after the KPMG building traded hands, when the coronavirus pandemic swept over the city in March 2020, leaving millions of square feet of office space available. Paramount will now have to compete for tenants who, in 2024, face a menu of space options at discounted rates.

“Their mortgage in their pro forma was based on a market that was healthy and that was projected to get even tighter and where they would be able to command rents north of $100 a square foot,” said San Francisco real estate veteran Tony Zucker, tenant advisor at Dunhill Partners West. “Now it’s a down market, and it will be impossible for them to get the rents that they projected when they bought the building back in 2019.”

The landlord recently was in danger of defaulting on a $273 million loan for another one of its San Francisco office properties at 300 Mission St. that was scheduled to mature in October.

In 2019, tech firm Autodesk leased 117,000 square feet at 300 Mission for a brand new office that it opened in 2021, but then shut down just eight months later, citing a workforce survey that showed that Autodesk’s employees preferred remote work.

Other tenants in the building also moved to offload portions of their offices in the wake of the pandemic. Glassdoor had planned to open its new headquarters at 300 Mission in the fall of 2020, but the move was delayed due to COVID-19 restrictions. The recruiting website subsequently listed half of its new space in the building as available for subleasing.

In a third-quarter 2023 earnings report to investors, Paramount — which also owns 300 Mission as part of a joint venture — reported that it successfully completed a $232 million refinancing of its loan for the 655,000-square-foot property, which is now set to mature in 2026.

Similarly, Paramount and equity partners Blackstone managed to secure a loan extension on a $975 million loan for a 1.6 million-square-foot office property known as One Market Plaza in San Francisco, which was slated to mature in February, the Business Times reported last week.

Other owners of commercial and residential property in San Francisco, however, have been forced to surrender their properties as the weight of maturing debt became insurmountable, including the former owners of the San Francisco Centre mall; the Parc 55 and Hilton Union Square hotels; and Veritas Investments, which recently was forced to give up loans backed by large portfolios of apartments in the city.