OpenAI’s former Mission District HQ hits market as AI boom gobbles up SF offices
The Real Deal
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A San Francisco office building with a track record of launching tech giants is hitting the market. Artemis Real Estate Partners has put the 40,000-square-foot Pioneer Building at 3180 18th Street up for sale, the San Francisco Business Times reported. American Realty Advisors bought the property in 2017 for $31.7 million, or about $854 per square foot. Artemis, which acquired it from American Realty Advisors in 2024, did not disclose an asking price or details about the timing of an eventual sale. The listing comes as San Francisco’s office market shows signs of life after years of pandemic-driven turmoil. AI companies now occupy about 10 percent of the city’s office space, while overall leasing activity has doubled since September 2023.
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