BCP has secured more than 200,000 square feet of new leases at 680 Folsom and 50 Hawthorne in San Francisco’s South Financial District. The transactions bring 50 Hawthorne to full occupancy and 680 Folsom to more than 90% leased.
Dropbox, a cloud-based content collaboration platform, has leased the entire 64,000-square-foot building at 50 Hawthorne for its headquarters. At 680 Folsom Decagon, a leading enterprise AI firm, has leased approximately 70,000 square feet of headquarters space, while national construction firm Swinerton Builders and a software company each leased 35,000 square feet.
“The activity we’re seeing across our San Francisco premier workplace portfolio reflects the continued flight to quality in the market,” said Christine Yuen, SVP, Leasing, BXP. “Our ongoing investment strategy is directly aligned with this demand.”
Angus Scott and Madison Dutra Sarro of CBRE represented BXP in all transactions. Blake Walker and Ryan Lowe of CBRE represented Decagon, and Jonathan Allen and Griggs Ziesing of JLL represented Swinerton. Luke Ogelsby and Sarah Kelley of CBRE represented Dropbox.
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