Ubisoft, one of the world’s largest video game developers, has renewed and expanded its SoMa headquarters. The company signed a 7-year lease at 625 Third St. for 42,000 square feet. Ubisoft will occupy 62,000 square feet in San Francisco by the end of 2010, which reflects a 15 percent increase in employee capacity. The company has been at the Third Street address since 1996.
Matt Hart, Steve Barker and Julia Wilhelm of Studley’s San Francisco office represented Ubisoft in the transaction.
“Ubisoft seized the down market to solidify its real estate strategy with a landlord that had the ability to focus on long-term value. There’s a lot of opportunity in the real estate and labor markets here, and we’re happy to see larger employers, like Ubisoft, recommit to San Francisco,” said Hart. ...
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