Atlassian
San Francisco’s 4.1MM SQFT First Quarter Shatters Three Decades of Leasing Records as AI Rewrites the City’s Office Playbook
Only Q2 2014 posted stronger activity in the past 30 years as vacancy plunges, absorption surges, and sublease inventory evaporates at record pace....
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...
San Francisco Tenant Office Demand Holds Above 2019 Peak at 7.5MM SQFT as AI Expansion Reshapes the Market
Active requirements remain elevated even after a record quarter of deal-making that saw nine leases exceed 100,000 square feet, with artificial intelligence companies...
Madison Capital & PGIM Close $95MM Acquisition of 360,000 SQFT 123 Mission in San Francisco, Completing Turnaround of Former Juul Tower
The deal prices the 29-story South Financial District office tower at roughly $264 per square foot — a 76 percent discount from Juul...
BridgeBio Pharma Subleases 95,000 SQFT at Icona Labs in San Francisco’s Mission Bay
Palo Alto-based genetic disease drugmaker expands footprint at former Dropbox headquarters as AI and biotech tenants fuel record-high net absorption across San Francisco...
Atlassian Renews 125,000 SQFT Lease at Gemdale USA’s 350 Bush Street in San Francisco’s Financial District
Software giant’s recommitment to its North Financial District headquarters signals continued confidence in San Francisco even as the company maintains its distributed work...
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...
Databricks Expands to 240,000 SQFT at One Sansome as AI-Fueled Leasing Drives Record Absorption in Downtown San Francisco
The data and AI company adds 90,000 square feet to its Financial District headquarters roughly one year after committing to the tower, as...
San Francisco Office Market Posts Record 1.8MM SQFT of Net Absorption in Q1 2026 as AI Demand Surges
AI companies account for 60 percent of leasing activity and 38 percent of total tenant demand, pushing vacancy down two percentage points and...
PSAI Realty Partners Buys 289,000 SQFT Mountain View Corporate Center for $193MM
Five-building campus near Caltrain closes as institutional capital returns to Bay Area office market Rockwood Capital has successfully sold the Mountain View Corporate...
Rockwood Capital Lists 288,000 SQFT Mountain View Office Campus for Sale
Five-building complex near Caltrain fully leased to Databricks, Atlassian, and Heartflow In the heart of Silicon Valley’s office market, one of Mountain View’s...
San Francisco Office Market Shows Signs of Life as 188 Companies Hunt for 6 Million Square Feet
Tech dominates tenant demand while AI giants seek massive footprints in recovering downtown market San Francisco’s beleaguered office market is showing new signs...
