Updated Oct 1, 2026
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:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 850 Brannan Street
- Market: San Francisco, CA
- Landlord: Brian Chesky - Airbnb
- Tenant: Karol Hausman & Brian Ichter - Physical Intelligence
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
Office
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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