AI Platform Clay Leases 44K SF with Swig Company

The Swig Company has leased 44,000 square feet at The Mills Building to artificial intelligence platform Clay. The lease was announced two weeks after Swig refinanced the circa-1891 property at 220 Montgomery St. in San Francisco’s Financial District.

“The Mills Building continues to attract companies seeking a workplace that reflects their culture and ambitions,” said Stacia Keisner, SVP of asset management at The Swig Company. “Clay’s lease is another example of an innovative business choosing downtown San Francisco to recruit talent, foster collaboration, and position themselves for long-term success.”

Cory Kristoff, EVP, director of leasing, added, “Through our focused spec suite initiative at the Mills Building, we have leased more than 102,000 square feet of space year to date, representing approximately 21% of the property. We are encouraged by this strong leasing momentum and expect it to continue throughout the remainder of the year and beyond.”

Bart O’Connor, Mark Geisreiter and Hannah Potter of Newmark represented The Swig Company. Maurice (Mo) Spikes, Derek Feinman and Aaron Ellison of Newmark represented Clay.

Inside The Story

The Swig Company

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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