{"id":1004767371,"date":"2025-08-05T02:13:48","date_gmt":"2025-08-05T10:13:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004767371"},"modified":"2025-08-05T03:52:54","modified_gmt":"2025-08-05T11:52:54","slug":"lightner-secures-ai-company-lease-in-san-francisco","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lightner-secures-ai-company-lease-in-san-francisco\/","title":{"rendered":"Lightner Secures AI Company Lease in San Francisco"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004767372\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/lightner-secures-ai-company-lease-in-san-francisco\/612-howard-street\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg\" data-orig-size=\"800,620\" 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=\"612 Howard Street\" data-image-description=\"&lt;p&gt;Image came from Millenium Play LLC press release: https:\/\/www.businesswire.com\/news\/home\/20250804075271\/en\/AI-Companies-Fueling-San-Francisco-Comeback&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;612 Howard Street was constructed in 1907, restored in 1998 and underwent a cosmetic renovation this year. Image courtesy of Millenium Play, LLC.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg?w=800\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg?w=800\" alt=\"An image of 612 Howard Street, taken from the road in front of the building.\" class=\"wp-image-1004767372\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><figcaption class=\"wp-element-caption\">612 Howard St. was constructed in 1907, restored in 1998 and underwent a cosmetic renovation this year. <em>Image courtesy of Millenium Play, LLC.<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>Greenlite AI has signed a full-floor lease at 612 Howard St., a historic office building in San Francisco. Newmark brokered the deal.<\/p>\n\n\n\n<p>Yardi Research Data lists the owner of the building as Lightner Property Group.<\/p>\n\n\n\n<p>Constructed in 1907 and restored in 1998, 612 Howard St. contains six stories of about 10,000 square feet each. The building also underwent a cosmetic renovation in 2025, according to Yardi Research Data.<\/p>\n\n\n\n<p>The property is located between 2nd Street and New Montgomery Street, two blocks away from Moscone Center and close to transit options including Bart, Muni, CalTrain, and highways 101 and 280.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/san-francisco-office-market-begins-2025-on-a-high-note\/\">San Francisco Office Market Begins 2025 on a High Note<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ai-firms-driving-office-demand-in-san-francisco\">AI firms driving office demand in San Francisco<\/h2>\n\n\n\n<p>San Francisco\u2019s office market continues to stabilize following the effects of the COVID-19 pandemic. Last quarter, new leasing in San Francisco reached its highest level since before the pandemic, according to a report from <a href=\"https:\/\/assets.cushmanwakefield.com\/-\/media\/cw\/marketbeat-pdfs\/2025\/q2\/us-reports\/office\/san-francisco_marketbeat-office-q2-2025_v2.pdf?rev=24291131a2384c5880d7a4d3758e00d3\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cushman &amp; Wakefield<\/a>.<\/p>\n\n\n\n<p>Greenlite\u2019s lease is the latest example of the AI boom leading to new office leases in the Bay Area. Databricks, an AI and data analytics company, <a href=\"https:\/\/www.commercialsearch.com\/news\/hunter-partners-jv-lands-ai-tenant-for-bay-area-building\/\">recently leased<\/a> an entire 305,000-square-foot building in Sunnyvale, Calif., from Hunter Partners and Sares Regis Group. And last year, Nation, another AI startup, <a href=\"https:\/\/www.commercialsearch.com\/news\/how-ai-firms-revive-office-space-demand\/\">leased 105,000 square feet<\/a> across five floors within Brookfield Properties\u2019 Monadnock Building in San Francisco.<\/p>\n\n\n\n<p>But while the area has seen a growing number of AI startups leasing space in recent months and years, a <a href=\"https:\/\/www.commercialsearch.com\/news\/why-ai-firms-take-measured-approach-to-office-leasing\/\">November 2024 report from Newmark<\/a> found that AI firms were taking a cautious approach to their office space needs. Leases from AI firms tended to lean toward three years\u2014below the average of five years or more for regular firms\u2014and 61 percent of AI leases in San Francisco were reported to be subleases.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newmark brokered the full-floor deal.<\/p>\n","protected":false},"author":3810,"featured_media":1004767372,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21742,21747,1609,15],"tags":[42890,52650,50999],"class_list":["post-1004767371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-latest","category-office","category-san-francisco","category-west","tag-artificial-intelligence","tag-lightner-property-group","tag-newmark"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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Matthew holds a B.A. in Journalism &amp; Professional Writing from The College of New Jersey.","url":"https:\/\/www.commercialsearch.com\/news\/author\/matthew-kaufman\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/08\/612-Howard-Street.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004767371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3810"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004767371"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004767371\/revisions"}],"predecessor-version":[{"id":1004767444,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004767371\/revisions\/1004767444"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004767372"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004767371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004767371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004767371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}