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San Francisco landlord sells stake in downtown building in bid to lure tenants

Paramount Group executives say funds will be critical to addressing vacancies
JPMorgan Chase is planning to offload roughly 244,000 square feet in San Francisco's One Front Street office tower once the lease expires June 2025. (CoStar)
JPMorgan Chase is planning to offload roughly 244,000 square feet in San Francisco's One Front Street office tower once the lease expires June 2025. (CoStar)
CoStar News
May 8, 2025 | 10:14 P.M.

Office landlords across the country are scrambling to address record vacancies and better compete with newly constructed buildings. One such firm, Paramount Group, is taking a unique approach to help tackle the duo of hurdles.

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