CBC is the largest bank in the world in terms of total assets and ranks 15th among Fortune 500 Global Companies. It had a location in San Francisco’s Chinatown neighborhood which was both back office and a banking outlet. They were looking for a newer, office-only space to serve as their only West Coast headquarters location with the vision of having a larger office, in a more premium location and in a building with a more professional look and stature.
Kidder Mathews learned about ICBC’s needs and offered to help. The two sides worked closely to develop the key requirements of the new office. The company decided that they wanted to be in San Francisco’s Financial District so as to be close to the pool of financial professionals and the clients, as well as to be in a premium, Class A building to reflect a good company image. The only obstacle was that they had a tight budget and didn’t want to splurge unnecessarily on the rent or the improvements, so needed to find a space which came at a good value, too.