By Alex Girda, Associate Editor<\/p>\n
The Pac-!2\u00a0 athletic conference\u2019s integrated media affiliate \u00a0has signed an 11-year lease for 70,000 square feet at \u00a0370 Third Street in San Francisco, the San Francisco Business Times <\/em>reported. Kilroy Realty Corp., the building\u2019s owner, acquired the 400,000-square-foot property in the city\u2019s South Market district, formerly owned by Pacific Bell, in a $92 million deal last month.<\/p>\n Pac-12 Enterprises\u2019 lease follows its recent $3 million broadcasting deal with the ESPN and Fox Sports networks. The conference is likely to expand at its new location as it plans on building a new broadcast studio as well as relocating its 150-person marketing office. Pac-12 will continue to maintain its headquarters in its current Walnut Creek location.<\/p>\n In other Bay Area news, MetWest Terra Hospitality, a Wyoming-based hotel operator, has acquired two hotels from the Larkspur Collection for an undisclosed price. MetWest Terra purchased The Lodge at Tiburon, a 102-key boutique hotel in Tiburon, and Toll House, a 115-room boutique hotel in Los Gatos, from Larkspur and Farallon Capital Management. The deal increases MetWest\u2019s hospitality portfolio to 11 properties. .<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" By Alex Girda, Associate Editor
\nThe Pac-!2\u00a0 athletic conference\u2019s integrated media affiliate \u00a0has signed an 11-year lease for 70,000 square feet at \u00a0370 Third Street in San Francisco, the San Francisco Business Times reported. Kilroy Realty Corp., the building\u2019s owner, acquired […]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1609],"tags":[],"class_list":["post-1004052983","post","type-post","status-publish","format-standard","hentry","category-latest","category-san-francisco"],"acf":[],"yoast_head":"\n