From Bisnow: 2024-04-08 17:58:47

OpenAI is eyeing the former Old Navy HQ at 550 Terry Francois Blvd. in San Francisco’s Mission Bay. They recently toured the six-story, 315K SF office space, which is near buildings they sublease from Uber. OpenAI’s potential expansion aligns with a trend of AI firms leasing space in the city. Office vacancy rates in San Francisco are over 36%. The AI industry’s leasing activity is seen as a sign of economic recovery and could help revitalize the struggling downtown area. OpenAI recently signed a 486K SF sublease with Uber, making it the largest lease in San Francisco since 2018.



Read more at Bisnow: OpenAI Searching For More Office Space In Mission Bay