Updated Mar 12, 2026
Misha Laskin Of Reflection AI Leases 25,000 Square Feet At 140 New Montgomery Street
140 New Montgomery Street
Building Size
25,000 SF
Asset Type
Office
Closing
Mar 10, 2026
About this deal
AI
The property asset involved in this transaction is located at 140 New Montgomery Street in San Francisco, featuring an office asset type with a total square footage of 25,000. The building is a 26-story structure situated in the South of Market area and is now 94% occupied after the recent leases.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 140 New Montgomery Street
- Market: San Francisco
- Asset Size: 25,000 square feet
- Tenant: Misha Laskin - Reflection AI
- Landlord: Pembroke
- Building Occupancy Rate: 94%
Misha Laskin represented Reflection AI in the lease of two floors totaling 25,000 square feet. This lease follows renovations and amenity upgrades executed by Pembroke, part of a larger trend of AI-driven office demand in San Francisco, responding to the space vacated by Yelp's departure in 2021.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93