SoMa
AI Giants and Retail Heavyweights Fuel 9.6MM SQFT Demand Surge in San Francisco Office Market
Tech and AI companies drive more than half of tenant activity as Q1 2026 leasing hits second-highest quarterly total in three decades. San...
Caltrain Outlines Doomsday Scenario With Station Closures and Service Shutdown Absent November Ballot Measure
The commuter rail agency projects an average annual deficit of $75 million and warns that thousands of commuters could be forced onto already...
AI Demand Propels San Francisco Office Leasing to Strongest Quarter Since 2014 as Market Absorbs Excess Supply
Subheading: Artificial intelligence firms led by OpenAI, Anthropic, and Databricks drove 3.8 million square feet of leasing activity in Q1 2026, though availability...
Build, Inc., Seeks Entitlement Extension for 495-Unit Tower San Francisco’s SoMa District
The long-delayed 27-story residential project, first proposed nearly a decade ago, remains a surface parking lot as the developer cites challenging market and...
Meridian Group & Fenway Capital Poised to Take Ownership of Brookfield’s Mostly Vacant 640,000 SQFT Office Tower at 415 Natoma in San Francisco
The partnership acquired the outstanding debt on a $393 million construction loan and plans to reposition the Class A high-rise for artificial intelligence...
San Francisco’s Notorious ‘Lake SoMa’ Housing Site Could Become a 25-Story Tower
A parcel in San Francisco’s SoMa neighborhood that has remained vacant for over a decade despite full development approval may finally be approaching...
Decagon AI Leases 69,000 SQFT at BXP’s 680 Folsom in San Francisco Following $250MM Series D Raise
The AI customer service startup, now valued at $4.5 billion, relocates from 100 First Street to the LEED-certified SoMa tower as it scales...
OpenAI Completes 280,000 SQFT Sublease at 1800 Owens Street, Pushing San Francisco Footprint Past 1 Million SQFT
The ChatGPT maker’s takeover of former Dropbox space at The Exchange in Mission Bay cements the AI giant’s dominance as the city’s largest...
61-Unit Multifamily Asset in San Francisco’s SOMA Brought to Market
The century-old warehouse conversion carries a non-rent controlled designation and a current net operating income of nearly $950,000 annually A 61-unit mixed-use multifamily...
Raintree Partners Lists Historic 69-Unit Wilson Building in San Francisco’s SoMa for $20MM
The mixed-use property at 973 Market Street blends a century-old terra cotta façade with modern residential finishes in one of the city’s most...
Medra Signs 38,000 SQFT Lease at 1301 Folsom in San Francisco to Build Physical AI Scientists
Physical AI-driven life sciences company expands San Francisco footprint in SoMa neighborhood SAN FRANCISCO, February 23, 2026 – JLL today announced it has...
Housing Handcuffs
As AI startups lease luxury apartments and offer proximity bonuses to keep workers steps from their desks, San Francisco’s hottest perk is starting...
