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Foundry Square III Anchor Tenant

Four floors of San Francisco's newest office building, Foundry Square III, have been leased by telecommunications company NeuStar Inc.. The deal is for approximately 50 percent of the new 290,000 sq. ft. building, located in SoMa near the Transbay area. The news is relief to developers of newer buildings "because it was the first speculative development to break ground in San Francisco since 2006," indicating a strong local economy. [SF Business Times]