SF’s great AI lease-up continues with 57K sf inked in SoMa
Harvey, a legal AI startup, expanded its San Francisco office space to 150,000 square feet, contributing to the city’s growing AI sector.Summary
San Francisco’s artificial intelligence sector continues to drive office leasing, with legal AI startup Harvey recently expanding its footprint at 201 Third Street to 150,000 square feet. This expansion, which includes an additional 57,000 square feet, comes less than a year after Harvey initially leased space in the building. Kilroy Realty, the building’s landlord, has been working to attract AI companies by offering pre-built, furnished spaces. Harvey’s rapid growth is reflected in its increasing valuation, jumping from $5 billion in mid-2025 to $8 billion late last year and $11 billion recently after raising $200 million. This trend is part of a larger surge in office space acquisition by AI companies, including OpenAI, which now occupies over 1 million square feet in the city, and Anthropic, which recently added 100,000 square feet at 400 Howard Street. Other companies like Reflection AI and Databricks are also expanding their presence in San Francisco’s South of Market area, demonstrating the city’s appeal as a hub for AI innovation.
(Source：The Real Deal)