In the heart of San Francisco’s Financial District, a once-forgotten office building is about to become the hottest real estate flex of 2025. Presidio Bay Ventures is turning the tired 88 Spear St. tower into a luxe paradise that screams “we’re not just another boring workplace”.

There’s something deliciously ironic about transforming a nearly abandoned 56-year-old building into a white-glove destination that’ll make tech workers weep with envy. The mastermind behind this transformation, Cyrus Sanandaji, is betting big on the “flight to experience” – and honey, this experience looks like it’s worth skipping happy hour.

From Ghost Town to Glamour Central

Imagine walking into an office with a basement spa, two brand new rooftop floors, and an Arsicault Bakery waiting to stuff your face with croissants. The building, which was more than 70% empty just two years ago, is about to become the most sought-after address for professional services firms looking to flex their corporate aesthetic.

Beyond Basic Amenities

Sanandaji isn’t playing around. “When every building has the same amenities, nothing differentiates one from the other,” he says. Translation: this isn’t your standard corporate cubicle farm. We’re talking 360-degree views, luxury spa, and spaces designed to make your work-life feel like a five-star retreat.

The San Francisco Comeback?

With vacancy rates dropping and investors eyeing the city again, 88 Spear might just be the poster child for San Francisco’s real estate renaissance. As Sanandaji puts it, “Three years ago, San Francisco was redlined. Now, investors are looking around the country for the best return”. Mic drop.