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AI firms help chip away at San Francisco's record sublease inventory

Perplexity taps former Meta space to grow headquarters
Perplexity subleased space at the 181 Fremont St. tower in San Francisco's SoMa neighborhood. (CoStar)
Perplexity subleased space at the 181 Fremont St. tower in San Francisco's SoMa neighborhood. (CoStar)
CoStar News
March 9, 2026 | 9:14 P.M.

San Francisco's booming base of artificial intelligence startups is quickly whittling away at the city's once-record amount of sublet space, most recently with a company's deal to take over a significant portion of tech giant Meta's former space.

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