{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"START","title":"START: Reuben Torenberg, Senior Vice President, CBRE: \"Q1 2026 SF Office Market Report\"","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/63c3423a\"></iframe>","width":"100%","height":180,"duration":995,"description":"In 2022, San Francisco leased five million square feet of office space\nThe entire year\nIn Q1 2026 alone: more than four million\nAt the time of this recording (Apr 2026) tenant demand reached 7.5 million square feet\nThe highest ever recorded.\nOpenAI has accumulated nearly a million square feet in Mission Bay\nCoinbase, Nvidia, and the Warriors all landed at Mission Rock (It's effectively full - premium space there is almost impossible to get)\nReuben Torenberg has brokered SF startup office deals through every major cycle since 2016\nThe 3% vacancy boom and record rents\nThe 38% vacancy COVID collapse\nAnd the AI-driven resurgence happening now\nWe're probably still early in this cycle\nThe AI wave showed you can do more with less\nAnd that's changing how founders think about space\n🎙️ Reuben Torenberg, Senior Vice President, CBRE on Fondo START\n00:36 Why brokering compounds the longer you do it01:08 SF's pre-COVID boom, then the jump to 38% vacancy02:18 How AI restarted SF office demand02:42 Where we are in the cycle, and why it isn't the top03:25 The leasing numbers that signal a real shift04:34 Why startups are leasing differently now05:34 How distressed buildings changed hands at a discount06:11 How landlords regained leverage07:38 What landlords actually check before they'll sign you09:48 Why plug-and-play subleases win with startups12:18 Advice for founders hunting their first office13:01 Treating the office as a recruiting tool, not a status symbol\nlearn more at cbre.com","thumbnail_url":"https://img.transistorcdn.com/q-E1hh7K6IS4AfZiNy2p4MYVGcUOO8lQP92h8QbOEOA/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NzVj/MDEzNjkxNjU1N2Uy/NDFhMDQ3M2ZhNWI3/NWY0MS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}