, and preceded downsizing efforts by other San Francisco tech companies that are now increasinglyPinterest said at the time that it was leaning toward a more distributed workforce and that it would maintain its existing leases while remaining an"active member of the local community."In a recent filing with the U.S.
between 35% to 50% in certain downtown areas as part of a worst-case scenario that assumes current market conditions continue and office tenants decline to renew existing leases or sign new ones. In that scenario, nearly 43% of the office space in SoMa could sit vacant by 2024. While demand for space has dropped dramatically in recent years, there have been big lease deals that were completed since the start of the pandemic. I reported last month that apparel giant Levi Strauss & Co. renewed its lease foralong the Embarcadero following 18 months of negotiations with its landlord over the rental rate.
The deal ranks as the second-largest lease renewal in San Francisco since the start of the pandemic, after Wells Fargo's deal to
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Investor considering two-story food hall in the Marina - San Francisco Business TimesThe firm is eying a 14,000-square-foot building for on-site dining and multiple restaurants.
Fuente: SFBusinessTimes - 🏆 78. / 68 Leer más »
Rigel Pharmaceuticals wins early cancer drug approval, lines up new HQ - San Francisco Business TimesOnly last week, the company was warned about its stock price; this week it's looking at putting a premium on the price of its second FDA-approved drug.
Fuente: SFBusinessTimes - 🏆 78. / 68 Leer más »
Oakland and the A's take their last swings at a stadium - San Francisco Business TimesWhat has to happen to save pro baseball in Oakland? Here's the to-do list for the city and the team. I love the A's but Oakilland doesn't deserve them you forgot... reDesignHT Calling the HT proposal privately financed is more than a stretch. This requires 100's of millions of tax dollars to provide John Fisher the profits he demands. And there is no guarantee this won't be Mt Davis all over again.
Fuente: SFBusinessTimes - 🏆 78. / 68 Leer más »
Tableau CEO steps down amid Salesforce leadership shakeup - San Francisco Business TimesMark Nelson is stepping down as the CEO of Tableau Software less than two years after replacing Adam Selipsky.
Fuente: SFBusinessTimes - 🏆 78. / 68 Leer más »
Tuesday Digest: Beds head to Twitter office; Meta threatens to remove news - San Francisco Business TimesJanitors strike at Twitter and Elon Musk brings beds into the office? What else could possibly be happening this Tuesday morning in Bay Area business news? Let's take a look...
Fuente: SFBusinessTimes - 🏆 78. / 68 Leer más »