Adyen Leases Office Space At 505 Brannan Street In San Francisco | 505 Brannan Street | Office | Lease

Summary

Lease

CALIFORNIA

Office

150,000 sqft

The office space at 505 Brannan Street in San Francisco, measuring 150,000 square feet, has been leased by Adyen, a Dutch payment company. This property used to be the former Pinterest office and now serves as the new headquarters for Adyen. The lease agreement is a long-term commitment, extending until December 2032, coinciding with the expiration of Pinterest's lease in 2033.

Summary of transaction details:

Property Type: Office
Transaction Amount: Not specified
Tenant: Davi Strazza - Adyen
Market: San Francisco
Lease Term: Long-term

Adyen's lease of the 150,000 square feet at 505 Brannan Street represents the largest office deal in San Francisco for 2024 so far. By taking over the former Pinterest office, Adyen strategically positions itself in a prime location within the city. This deal signifies a significant move for both Adyen and the commercial real estate market in San Francisco.

Details

Deal Summary

LEASED

IMAGE: Davi Strazza DATE: 03/13/2024 ADDRESS: 505 Brannan Street MARKET: San Francisco ASSET TYPE: Office ~ SF: 150,000 TENANT: Davi Strazza - Adyen (@Adyen) LEASE TERM: long-term NOTE: Adyen, a Dutch payment company, signed a lease for 150,000 square feet in San Francisco, occupying the former Pinterest office at 505 Brannan Street. This marks the largest office deal in the city so far for 2024. The lease extends until December 2032, strategically aligning with the expiration of Pinterest's lease in 2033.

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Address505 Brannan Street

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