Episode Details

AI firms are flooding the commercial real estate market, snapping up massive office spaces in cities beyond the usual tech hubs, signaling a major rebound for the sector. With building tours up 85% and average leases hitting 37,000 sq ft, these companies aren’t just expanding—they’re stabilizing, bringing much-needed revenue and occupancy back to markets battered by remote work. While deals often take 6-12 months to close, signs are already popping up: San Francisco’s prime offices are vanishing fast, and Anthropic in New York is doubling down with a new lease. As competition intensifies, AI companies may pay more, sign longer leases, or venture into less traditional cities—leaving some areas behind in the race for talent and transit.

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