As San Francisco commercial occupancy reached an all-time low in the last couple years amid the pandemic, a new reality has set in for Silicon Valley.
While a listing price is not publicly available, the building is valued at $193 million, according to“As a hybrid-first company, we are continuing to assess and optimize our space utilization to create more vibrant workspaces for our employees when they are on-site, while also achieving cost reductions,” Addy Burr, with Intel Corporate Communication, told The Post in a statement.
Meanwhile, Analog Devices — specializing in data conversion and signal processing — is also seeking a buyer for its 320,000-square-foot campus in Milpitas, located 15 minutes from the Intel building.
😢
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silicon Valley Bank collapse: Startup Ness says companies can learn valuable lessonIn total, investors and depositors initiated withdrawals equating to about $42 billion in deposits from the bank on Thursday alone, causing a run on the bank, according to a regulatory filing. Money never sleeps We bailed out a RIOT LOOTING SUPPORTER. Democrats are CRIMINALS. We bailed out a RIOT LOOTING SUPPORTER. Democrats are CRIMINALS.
Read more »