While the Financial Times has reported that Google is taking over the industrial space at 16th and Alabama in the Mission, a story which has been picked-up and republished by numerous other publications including ourselves, we have just confirmed that Google has not signed a lease nor purchased the building.

In fact, the building at 298 Alabama is currently undergoing renovations with plans to subdivide the space for multiple tenants. And while numerous parties have expressed interest, not a single lease has been signed nor negotiated, not by Google nor by any of their acquisitions.