{"id":951504,"date":"2026-04-15T07:16:30","date_gmt":"2026-04-15T11:16:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bxp-completes-more-than-200000-square-feet-of-leasing-in-san-franciscos-south-financial-district\/"},"modified":"2026-04-15T07:16:30","modified_gmt":"2026-04-15T11:16:30","slug":"bxp-completes-more-than-200000-square-feet-of-leasing-in-san-franciscos-south-financial-district","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bxp-completes-more-than-200000-square-feet-of-leasing-in-san-franciscos-south-financial-district\/","title":{"rendered":"BXP Completes More Than 200,000 Square Feet of Leasing in San Francisco\u2019s South Financial District"},"content":{"rendered":"

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BXP Completes More Than 200,000 Square Feet of Leasing in San Francisco\u2019s South Financial District<\/b><\/p>\n

Dropbox, Decagon, and Swinerton Builders among new leases underscoring strong demand in the city\u2019s leading innovation corridor<\/i><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–BXP<\/a> (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced more than 200,000 square feet of new leases at 680 Folsom and 50 Hawthorne in San Francisco’s South Financial District. These transactions bring 50 Hawthorne to full occupancy and 680 Folsom to more than 90% leased, illustrating accelerating momentum in one of the city\u2019s most dynamic submarkets.<\/p>\n

\nDropbox, a cloud-based content collaboration platform, has leased the entire 64,000 square foot building at 50 Hawthorne. At 680 Folsom, following an extensive refresh, Decagon, a leading enterprise AI firm, has leased approximately 70,000 square feet across the sixth and seventh floors, and national construction firm Swinerton Builders and a software company each leased 35,000 square feet.<\/p>\n

\n\u201cThe activity we\u2019re seeing across our San Francisco premier workplace portfolio reflects the continued flight to quality in the market,\u201d said Christine Yuen, Senior Vice President, Leasing, BXP<\/b>. \u201cToday\u2019s companies prioritize highly amenitized, transit-oriented workplaces that foster collaboration and authentically celebrate their culture. Our ongoing investment strategy is directly aligned with this demand, reinforcing the strength of our repositioning efforts and enhancing the competitiveness of our assets in dynamic submarkets like the South Financial District.\u201d<\/p>\n

\n\u201cWe\u2019re building for the long term and need a workplace that matches both our pace of growth and culture of innovation,\u201d said Chloe Mark, SVP Operations and People at Decagon<\/b>. \u201cDoubling down on San Francisco was a deliberate decision for us, and finding the right partner was crucial. BXP has been instrumental in this next chapter, helping us secure and create a space at 680 Folsom that supports not only how we work today but where we’re going as we build the next world-class enterprise technology company.\u201d<\/p>\n

\nSpanning 469,000 square feet, 680 Folsom delivers a curated, hospitality-driven workplace experience. A newly enhanced lounge offers flexible workspace and event capabilities, featuring a commissary kitchen, coffee bar, elevated concierge services, and state-of-the-art AV. Designed for year-round use, the reimagined rooftop provides sweeping San Francisco views alongside built-in speakers, heaters, fireplaces, and refined patio furnishings, with flexible configurations to accommodate gatherings of up to 400 guests. Project partners included Revel Architecture & Design, NBBJ Architects, GCI and MCS Construction.<\/p>\n

\n\u201cFor more than 120 years, Swinerton has proudly maintained a presence in San Francisco,\u201d said Paul Hinz, Vice President, Division Manager at Swinerton Builders.<\/b> \u201cSecuring the right space for our team was a meaningful process, and we\u2019re especially pleased to be moving into a property owned by our long-standing, trusted partner, BXP. A key priority was bringing all of our San Francisco operations together on a single floor, and 680 Folsom delivers exactly that.\u201d<\/p>\n

\n\u201cWe\u2019re continuing to see strong momentum in the South Financial District submarket, especially among innovative companies like Dropbox and Decagon,\u201d said Angus Scott, Executive Vice President at CBRE<\/b>. \u201cThese types of companies are attracted to high-quality, creative spaces, with large floorplates, incredible natural light and high ceilings, which 680 Folsom and 50 Hawthorne both offer.\u201d<\/p>\n

\nAccording to CBRE 2026 Q1 data:<\/p>\n