OpenAI
Bay Area Housing Already Runs Hot on AI Money, and the OpenAI and Anthropic IPOs Are the Larger Wave Still to Come
San Francisco’s housing market has already repriced on artificial intelligence wealth, pushing the median single-family home to a record $2.15 million, and the...
San Jose and San Francisco Claim Top Two Spots in National AI Ranking as Bay Area Office Demand Roars Back
A new Hubble ranking of the 20 most AI-ready U.S. metros places San Jose first and San Francisco second, cementing the Bay Area...
AI Capital Pulls Silicon Valley Office Market Off the Floor as Nvidia, Apple Spend Billions and Vacancy Drops to 15.3%
A surge of artificial-intelligence venture capital is reviving Silicon Valley’s battered office market, with Nvidia and Apple spending billions on acquisitions and South...
Record $252 Billion Venture Surge Fuels San Francisco Office Demand Led by Waymo and NVIDIA
A record-shattering wave of venture capital is converting into hard demand for San Francisco office space, with tenants led by Waymo and NVIDIA...
City of San Francisco Expands 1455 Market St. Lease by 502,000 SQFT in $1B-Plus Deal, the Region’s Largest Since 2018
San Francisco has committed to its largest office lease since 2018, expanding the city government’s footprint at Hudson Pacific Properties’ 1455 Market St....
Bay Area Billionaires to Fund Half of $40MM Embarcadero Plaza Redesign in San Francisco
Crankstart and the newly formed Downtown Development Corp are pledging $20 million combined toward the public space overhaul, anchoring a public-private partnership that...
Epic Church Enters Agreement to Acquire 40,000 SQFT Historic Union Square Sanctuary in San Francisco for $15MM
The nondenominational congregation is betting on a spiritual revival to match San Francisco’s economic comeback, targeting a 1913 Reid Brothers landmark that has...
Helios Real Estate Partners Lists Cursor’s San Francisco HQ Less Than a Year After $9.5MM Buy
JLL is marketing the 35,562-SQFT North Waterfront building leased to the AI coding platform through December 2029. Helios Real Estate Partners is taking...
JLL Forecasts Bay Area Rent Surge and Robotics Boom as VC Investment Captures 79% of US Total
JLL research director Alexander Quinn told East Bay leaders that an AI-fueled investment wave is driving record rents, a manufacturing revival and a...
Crankstart and DDC Bankroll Half of $40MM Embarcadero Plaza Overhaul as Tech Money Reshapes San Francisco’s Waterfront
Michael Moritz’s foundation and a downtown business coalition are putting up $20 million to remake the city’s “front door,” cementing a public-private playbook...
Presidio Bay Emerges as Buyer for $100MM Nonperforming Loan on Landmark 301 Battery in San Francisco
The San Francisco investor, working with hospitality entrepreneur Phil Spiegel, is in line to take control of the 208,000-square-foot former Federal Reserve Bank...
Rockpoint Capital Tests Trophy Pricing With Newly Built Menlo Park Mixed-Use Listing
Cushman & Wakefield has launched the marketing campaign for a 2021-built office-and-condominium asset steps from Caltrain, with the seller offering flexibility on whether...
