{"podcast":{"title":"START","slug":"start-7171926","podcast_index_feed_id":7171926,"rss_url":"https://feeds.transistor.fm/startup-growth-podcast","website_url":"https://www.tryfondo.com/","image_url":"https://img.transistorcdn.com/_piHi4M4ohHZpDkziNHWWksxxbatgWrUdPwb5S4zcyo/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80NzVj/MDEzNjkxNjU1N2Uy/NDFhMDQ3M2ZhNWI3/NWY0MS5wbmc.jpg","author":"Fondo","episode_count":97,"summary":"Fondo is an all-in-one accounting platform for startups. Get your books closed, taxes filed, and cash back from the IRS.","last_synced_at":"2026-08-01T06:21:07.655766+00:00","page_url":"https://stenobird.com/podcast/start-7171926"},"episode":{"title":"START: Reuben Torenberg, Senior Vice President, CBRE: \"Q1 2026 SF Office Market Report\"","slug":"start-reuben-torenberg-senior-vice-president-cbre-q1-2026-sf-office-market-report","published_at":"2026-06-22T22:24:37+00:00","page_url":"https://stenobird.com/podcast/start-7171926/start-reuben-torenberg-senior-vice-president-cbre-q1-2026-sf-office-market-report","show_page_url":"https://stenobird.com/podcast/start-7171926","url":"https://share.transistor.fm/s/63c3423a","audio_url":"https://media.transistor.fm/63c3423a/ce1eeb21.mp3","summary":"In 2022, San Francisco leased five million square feet of office space The entire year In Q1 2026 alone: more than four million At the time of this recording (Apr 2026) tenant demand reached 7.5 million square feet The highest ever recorded. OpenAI has accumulated nearly a million square feet in Mission Bay Coinbase, Nvidia, and the Warriors all landed at Mission Rock (It's effectively full - premium space there is almost impossible to get) Reuben Torenberg has brokered SF startup office deals through every major cycle since 2016 The 3% vacancy boom and record rents The 38% vacancy COVID collapse And the AI-driven resurgence happening now We're probably still early in this cycle The AI wave showed you can do more with less And that's changing how founders think about space 🎙️ Reuben Torenberg , Senior Vice President, CBRE on Fondo START 00:36 Why brokering compounds the longer you do it 01:08 SF's pre-COVID boom, then the jump to 38% vacancy 02:18 How AI restarted SF office demand 02:42 Where we are in the cycle, and why it isn't the top 03:25 The leasing numbers that signal a real shift 04:34 Why startups are leasing differently now 05:34 How distressed buildings changed hands at a discount 06:11 How landlords regained leverage 07:38 What landlords actually check before they'll sign you 09:48 Why plug-and-play subleases win with startups 12:18 Advice for founders hunting their first office 13:01 Treating the office as a recruiting tool, not a status symbol learn more at cbre.com","meta_description":"In 2022, San Francisco leased five million square feet of office space The entire year In Q1 2026 alone: more than four million At the time of this record…","key_points":[],"chapters":[],"topics":[],"duration_seconds":995,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/start-7171926/episodes/start-reuben-torenberg-senior-vice-president-cbre-q1-2026-sf-office-market-report/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/start-7171926/start-reuben-torenberg-senior-vice-president-cbre-q1-2026-sf-office-market-report.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}