Salesforce bought a $145 million property in San Francisco - Business Insider

The five-story building at 450 Mission sits across the street from the software giant's goliath Salesforce Tower, whose tenants include WeWork as well as others. Salesforce also owns another high-rise nearby. The company now either owns or leases about 2 million square feet of office space in this part of town.

The newly purchased building is zoned for a height of up to 550 feet, as the Chronicle reports, meaning Salesforce could build upon the site. A company spokesperson confirmed the transaction., the same day that San Francisco and other Bay Area counties entered a shelter-in-place order to contain the coronavirus disease, known as COVID-19.

Since the coronavirus pandemic has hit the US, the country's white-collar employees have begun adapting to remote work as millions remain in their homes to curb the spread of the illness. Office culture as we know it may look very different once society re-emerges from the lockdown. Some real estate experts say the flexible office industry — including co-working space company WeWork — could experience a boom as employers opt for less committal office leases over traditional, long-term ones, as

Plenty of time to renovate. Or just knock it down and build a new high rise because that price seems like just the land cost.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How a deadly second wave of the 1918 Spanish flu hit San Francisco - Business InsiderPhotos show how San Francisco emerged from a lockdown too soon during the 1918 Spanish flu pandemic, leading to an even deadlier second wave that rampaged through the city Fear monger much? Yes because comparisons between healthcare crises 100+ yrs ago and now are sooooo relevant! Give me a break. Well Business Insider what would you do For this country! Would you keep the Country Closed till Dec! And watch the country be invaded by China! What is wrong with your thinking for putting out something like that!! Idiots!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook Gaming accelerates mobile app launch - Business Insider - Business InsiderFacebook released a new Facebook Gaming app to capitalize on the pandemic-induced uptick in live-streaming usage to take on rival platforms. How do you guys think it will do against its rivals?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Market strategist says these 3 indicators will signal when it's time to buy stocks - Business InsiderMarket strategist Tony Dwyer says he will turn bullish on stocks when he sees these signs in credit markets. Indicators tell you late and are created to give people false hope. If you could actually use indicators to make consistent profit and then everyone would do it and everyone would be profitable wouldn’t they? Just their to give people false sense of security. In November, obviously.
Source: BusinessInsider - 🏆 729. / 51 Read more »