AI companies that fuel their San Francisco comebacks
The popular Soma office building is a lease sign with Greenlight AI
The ownership group of Millennium Play LLC, a six-storey commercial office building in San Francisco, and 612 Howard Street, announced that it has leased the entire floor to a financial services AI company. The deal was managed by Newmark, the top commercial real estate company in San Francisco.
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612 Howard Street is conveniently located between Second Montgomery Street and the new Montgomery Street in San Francisco’s Soma district.
Lawrence, co-founder and CEO of Greenlite AI, said: “We needed office space to handle the trajectory of growth. 612 Howard makes it happen. The building itself has a clean aesthetic, modern industry. Direct: this area is central and lively,” he added.
The 612 Howard building was built in 1907 and each has approximately 10,000 square feet of individual floorboards, with the original huge redwood beam and all-hardwood flooring. The fully renovated building is located between Second Street and New Montgomery, just two blocks from the Moscon Center, with easy access to BART, Muni, Caltrain, Highways 101 and 280. Spaces are available in flexible multi-year terms.
GreenLite AI, which recently shut down its $15 million Series A, led by venture company GreyLock, actively hires all sectors to support waitlists for customers looking to automate and improve their financial compliance workflows. “As an AI company building cutting-edge services for our customers, Greenlight wanted to be in an area that attracts other advanced companies. We love being away from the second Thursday and downtown Howard. The monthly event brings together a mix of local business, food and community, making it perfect for team building.”
About Green Light AI
GreenLite AI is the leading agent AI platform for financial services. Banks and Fintech, supervised by the OCC, FDIC and SEC, trust Greenlight AI to automate mission-critical tasks such as KYC, AML and sanctions compliance. Greenlite AI agents are defined by compliance with federal banking guidelines to ensure strict model verification and compliance with AI governance standards. Founded in 2023 by Will Lawrence and Alex Zinn, Greenlight AI is headquartered in San Francisco and built by a team with deep expertise in compliance, AI and financial infrastructure. Find out more at GreenLite.ai.
About Newmark
Newmark Group, Inc. (NASDAQ: NMRK) together with its subsidiary (“Newmark”) is a global leader in commercial real estate, seamlessly powering every stage of the real estate lifecycle. Newmark’s comprehensive services and products are tailored independently to each client from owners to occupants, investors, founders, blue chip companies. By combining the global reach of the platform with market intelligence in both established and emerging real estate markets, Newmark offers superior service to clients across the industry spectrum. Visit www.nmrk.com or follow @Newmark.
Sabrina Horn, Millennium Play/612 Howard
C 415-999-8777
sabrina@sabrinahorn.com
or
Charlie Wizards, nmrk
charlie.withers@nmrk.com
Angeline Serrano, Greenlight AI
Angeline@greenlite.ai
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