Updated Sep 22, 2026
Matt Bronfman Of Jamestown LP Leases 36,800 Square Feet To Salient AI In San Francisco
1700 Montgomery Street
Building Size
36,800 SF
Asset Type
Office
Closing
Sep 17, 2026
About this deal
AI
The transaction involves a lease at 1700 Montgomery Street, located in the San Francisco market. The asset type is office space, with a total size of 36,800 square feet. Salient AI has significantly increased its office footprint at Waterfront Plaza by nearly tripling its leased square footage, expanding from a previous occupancy of 12,600 square feet.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1700 Montgomery Street
- Market: San Francisco, CA
- Landlord: Matt Bronfman - Jamestown LP
- Tenant: Ari Malik - Salient AI
Matt Bronfman represents Jamestown LP, the landlord in this lease transaction. Ari Malik is the representative for Salient AI, which has expanded its operational space in the area to accommodate its growing business needs in the generative AI sector.
Players
Montgomery Office Market Snapshot
Boundary boundary · Office · Lease transactions
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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