Astro Mechanica Leases 21,500-SF Office Building At 550 7th Street San Francisco

The property involved in this lease transaction is an office asset located at 550 7th Street, San Francisco. The total size of the leased space is 21,500 square feet, with a specific market focus on San Francisco. Astro Mechanica, an aerospace startup, upgraded from its previous 4,000-square-foot office to occupy the entire building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 550 7th Street
• Market: San Francisco
• Size: 21,500 square feet
• Tenant: Ian Brooke - Astro Mechanica
• Investment: $27.1M raised plus additional investment from United Airlines’ venture arm

Ian Brooke is the representative for Astro Mechanica in this transaction. The company was founded in 2021 and is focused on developing a jet engine for commercial supersonic flights, indicating a significant advancement in aerospace technology.