{"id":1004310440,"date":"2019-03-22T05:13:29","date_gmt":"2019-03-22T13:13:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004310440"},"modified":"2019-03-24T23:41:17","modified_gmt":"2019-03-25T07:41:17","slug":"pinterest-inks-490-ksf-lease-in-san-francisco","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/pinterest-inks-490-ksf-lease-in-san-francisco\/","title":{"rendered":"Pinterest Inks 490 KSF Lease in San Francisco"},"content":{"rendered":"<div id=\"attachment_1004310443\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004310443\" data-attachment-id=\"1004310443\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/pinterest-inks-490-ksf-lease-in-san-francisco\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg\" data-orig-size=\"1600,1200\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"are0711_bluxome_s010_ext_hero_final-5000-1600&#215;1203\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;88 Bluxome&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg?w=1024\" class=\"wp-image-1004310443 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg 1600w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/03\/are0711_bluxome_s010_ext_hero_final-5000-1600x1203-e1553182886642.jpg?resize=1536,1152 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004310443\" class=\"wp-caption-text\">88 Bluxome<\/p><\/div>\n<p>Pinterest has signed on for 490,000 square feet at Alexandria Real Estate Equities\u2019 88 Bluxome St. in San Francisco, where it will serve as the anchor tenant for the mixed-use campus located in the SoMa neighborhood.<\/p>\n<p>A joint venture of Alexandria Real Estate Equities and TMG Partners, the 1 million-square-foot office complex is now nearly 60 percent preleased. The joint venture is developing 88 Bluxome, the former site of the San Francisco Tennis Club, into a large tech office facility. Alexandria purchased the site, which includes several tennis courts and fitness facilities, in 2016. The mixed-use property is part of the city of San Francisco\u2019s Central SoMa Plan.<\/p>\n<p>The 88 Bluxome campus is set to feature a technology and life science building with retail space on the ground floor and several outdoor terraces spaces throughout the building. A community recreation center with two new swimming pools, public activity space, a child care center and an air right parcel owned by the city for the development of 90 units of affordable housing will also be included in the property.<\/p>\n<p><em>&#8220;This transformative community-focused development represents a meaningful opportunity for us to create a new destination that will revitalize the neighborhood and stimulate innovation and job growth in SoMa while it also further enhances&nbsp;Alexandria&#8217;s&nbsp;visible pipeline of key future value-creation development projects,\u201d<\/em> said&nbsp;Stephen Richardson, co-chief executive officer of Alexandria Real Estate Equities, in prepared remarks.<\/p>\n<p>In January, Facebook <a href=\"https:\/\/www.commercialsearch.com\/news\/facebook-leases-800-ksf-bay-area-office-project\/\">leased 800,000 square feet<\/a> at developer Kylli Inc.\u2019s Burlingame Point office campus in the San Francisco suburb of Burlingame.<\/p>\n<p><em>Image courtesy of IwamotoScott Architecture<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The popular website will be the anchor tenant at Alexandria Real Estate Equities\u2019 88 Bluxome St., in the SoMa neighborhood. <\/p>\n","protected":false},"author":745,"featured_media":1004310443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,21742,21747,1609,15],"tags":[32827,44813,33148],"class_list":["post-1004310440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-latest","category-office","category-san-francisco","category-west","tag-alexandria-real-estate-equities-inc","tag-pinterest","tag-tmg-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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