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Elon Musk's Neuralink Leases 144000 Square Foot Office In South San Francisco

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LEASED

California

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Office144,000 SF
Leased 10/14/2025
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LEASED

Elon Musk's Neuralink Leases 144000 Square Foot Office In South San Francisco

499 Forbes Boulevard

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Office144,000 SF
Leased 10/14/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:144,000 SF
Transaction Type:Lease

Neuralink has leased an office building consisting of 144,000 square feet located at 499 Forbes Boulevard in South San Francisco. The property, previously occupied by InterVenn Biosciences, has been vacant since 2023 and is situated within a key life sciences hub of the city, close to Genentech's significant campus redevelopment project valued at $5 billion.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 499 Forbes Boulevard
  • Market: South San Francisco
  • Tenant: Elon Musk - Neuralink
  • Size: 144,000 square feet

Elon Musk, through Neuralink, is expanding his company's presence in the Bay Area, reflecting the ongoing growth of his tech ventures. This strategic location allows Neuralink to benefit from proximity to other significant developments in the life sciences sector.

Details

LEASED
IMAGE: Elon Musk DATE: 10/14/2025 ADDRESS: 499 Forbes Boulevard MARKET: South San Francisco ASSET TYPE: Office ~ SF: 144,000 TENANT: Elon Musk (@ElonMuskkOfficial) - Neuralink (@Neura.link) NOTE: Neuralink leased a 144,000-square-foot office building at 499 Forbes Blvd. in South San Francisco, expanding its Bay Area footprint amid continued growth in Musk’s tech ventures. The former InterVenn Biosciences site, vacant since 2023, positions Neuralink within the city’s leading life sciences hub near Genentech’s $5 billion campus redevelopment.

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Deal Type
Effective Rent (Annual)

$8,253,993.10

Total Lease Value

$82,539,931.04

Net Landlord Cash Flow$8,253,993.10