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Jamestown has secured new office leases with technology firms Bland and Paraform at its properties along San Francisco’s Northern Waterfront, adding to a growing cluster of artificial intelligence and tech users at the campus. The landlord reports that these latest commitments are part of a broader wave of AI and technology leasing that collectively totals 69000 square feet across its Northern Waterfront holdings.
With the new deals in place, Jamestown states that total AI and technology office leasing at its Waterfront Plaza and Levi’s Plaza properties has now exceeded 134000 square feet over the past year. The figures underscore that multiple AI and tech companies have opted to locate within the same two-office-campus setting, concentrating demand in this portion of the city’s waterfront.
Alex Schwiebert, senior vice president and West Coast regional market leader at Jamestown, described the Northern Waterfront as a destination for innovative companies and emphasized the campus-style setting of the properties. He highlighted that the environment offered at Waterfront Plaza and Levi’s Plaza includes access to green space, direct connection to the waterfront, and amenities designed to support tenants’ efforts to recruit and retain talent.
According to Schwiebert, these features contribute to an office environment that companies view as differentiated within the local market, supporting both employee satisfaction and workplace performance. He noted that surpassing 134000 square feet of AI and technology leasing within a one-year period indicates that the appeal of this waterfront campus is gaining momentum among firms in these sectors.
Schwiebert also observed that the companies choosing to lease at the Northern Waterfront share a similar view of what constitutes an effective workplace setting. In his comments, he linked the location’s mix of outdoor areas, water adjacency, and amenity offerings with the expectations of contemporary office users, particularly those focused on innovation and technology. By clustering at Waterfront Plaza and Levi’s Plaza, these tenants are reinforcing the position of Jamestown’s Northern Waterfront properties as a preferred hub for AI and tech operations in San Francisco.
While specific lease terms for Bland and Paraform were not disclosed, the concentration of AI and technology deals in a single waterfront campus over a relatively short period signals continued tenant interest in well-amenitized office environments. The accumulation of more than 134000 square feet of leasing activity at the two properties over the past year may also serve as a reference point for market participants tracking demand patterns in San Francisco’s technology-focused office segment.
The post AI Firms Bland and Paraform Lease Space at Jamestown’s Northern Waterfront in San Francisco appeared first on CRE Market Beat.
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