AI-powered start-up, Hex, doubles office footprint in San Francisco
JLL secures 8,500-square feet lease of plug-and-play space in Jackson Square for Hex
SAN FRANCISCO, Aug. 30, 2023 – JLL announced today an 8,500-square-foot, plug-and-play lease for Hex, a data science company powered by artificial intelligence (AI). Hex, backed by Andreesen Horowitz and Sequoia Capital, will take occupancy in October at 330 Jackson St.
Hex’s new space in the highly desirable Jackson Square neighborhood meets the needs of its modern, post-pandemic workforce. The office provides attractive, functional collaboration areas and will serve as a homebase for local employees as well as a landing pad for its employees from across the country.
According to Hex CEO Barry McCardel, “Our strategy is to attract incredible people by offering set-ups that fit how they work, whether in the office or remote across the country. The new Jackson Street space is convenient, charismatic and great for getting groups together. We’re already planning a big team colocation and having everyone in our own space is so much better than a hotel or third-party location.”
“Hex was in an advantageous situation as they outgrew their space in the nearby SOMA district, and now have ideal space that fits their company culture and values,” added Hillary Hogan, Executive Vice President, Brokerage, JLL. “There’s a new wave of AI companies entering the physical workspace in San Francisco, and they want the residual value in plug and play spaces that were built out by other tech companies. The overall theme for AI companies is spaces that are fun, creative and support productivity – and were built on a prior tenant's dime.”
Hex, which recently announced Series B funding, is transforming the data space by enabling data scientists to connect their data, analyze it and share it through interactive and collaborative apps that get both technical and non-technical teams to faster, more accurate decision-making.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.