Yelp HQ Fills Up Fast

140 New Montgomery (aka Yelp's HQ... aka the office that knows exactly where to go to lunch) just added a new tenant: Spectrum Equity, which is relocating from San Mateo County and taking an entire floor.

The financial services company signed for 11k SF on the 20th floor and will move from Menlo Park in the second half of the year. (This makes owner Wilson Meany's Seth Bland happy, snapped in one of 140's shells last year.) The lease is significant because it's another example of a company migrating into the city center, CBRE's Bill Cumbelich tells us. Many think of 140 as a tech building because of Yelp, but the new tenant shows the building bridges the spectrum of tech and traditional (oh, and its name just happens to be Spectrum).

There are four floors remaining in the 1920s-era PacBell building, with strong interest on each, Bill tells us. The renovated building is now more than 90% leased. CBRE will hold a broker's event on Wednesday to roll out a new video for the project and show off the remaining space up for grabs.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Revolution Medicines Nearing Agreement For 700K SF Lease In Redwood City

JLL Lists 2M SF Maritime Campus: The San Francisco Deal Sheet

How Will Opportunity Zones 2.0 Impact Seattle? One Expert Weighs In

Power Availability Becomes New Requirement For Shifting Bay Area Industrial Base

After Departing Trump Admin, HUD's Former Philly Head Joins Local Planning Commission

Investors Anchor Big Capital Into Marinas, Betting On Shallow Supply

Developers Eyeing Dallas' 50-Mile Trails Loop For Uptown-Like Opportunities

Large Commercial Real Estate Sales Up 30% Despite Economic Headwinds

Chetrit Group 'Being Dissolved' As Family Turmoil Spirals

Avison Young Plans Second Major Recapitalization Since 2024

Builders Turning To Prefab Solutions As Speed To Delivery Becomes Critical Consideration

Maturing Debt Triggers Wave Of Distressed Hotel Sales Across California