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850 Brannan Street

Updated Oct 1, 2026

Physical Intelligence Expands Office Lease At 850 Brannan Street From Airbnb For 80,000 Square Feet
LEASEDOffice

Physical Intelligence Expands Office Lease At 850 Brannan Street From Airbnb For 80,000 Square Feet

850 Brannan Street

Building Size

80,000 SF

Asset Type

Office

Closing

Sep 29, 2026

About this deal

AI

The property asset involved in this transaction is an office space located at 850 Brannan Street in San Francisco, CA, encompassing 80,000 square feet. The transaction reflects the growing demand for office spaces in the technology sector within this market.

Summary of transaction details:

This transaction marks a significant expansion for Physical Intelligence, which had previously signed a 60,000-square-foot lease at 808 Brannan in March. The company, focused on robotics, recently raised $1 billion in funding, underscoring its rapid growth and the increasing demand for physical AI and robotics space.

On the Map

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Office

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Players

Brian Chesky

Airbnb

Landlord

$81.5M

vol

4 deals

Landlord

Karol Hausman

Physical Intelligence

Tenant

3 deals

Tenant
Bilt advertisement

San Francisco Office Market Snapshot

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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

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