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AI startups continue fueling San Francisco’s office recovery
Early-stage AI startups are imbuing new life into San Francisco’s Northern Waterfront, after years of "for lease" signs dotting the post-pandemic
Early-stage AI startups are imbuing new life into San Francisco’s Northern Waterfront, after years of “for lease” signs dotting the post-pandemic landscape. According to the San Francisco Business Times, five AI-focused companies — four backed by Y Combinator — recently leased 23,900 square feet at the Waterfront Plaza complex. Real estate services firm CBRE projects that these scrappy startups could reach 21 million in square feet within five years, potentially halving the city’s current 35.8% vacancy rate and creating tens of thousands of jobs.
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