Neither Pinterest nor its landlord have confirmed the listing and did not respond to messages
, 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
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Pinterest-occupied SoMa office to become available for lease - San Francisco Business TimesPinterest has indicated that it is finding it 'increasingly difficult' to navigate its workplace culture, particularly as the company transitioned to a flexible work model, with a majority of its employees working remotely.
Consulte Mais informação »
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.
Consulte Mais informação »
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...
Consulte Mais informação »
Coupa Software investor fights possible Vista Equity buyout - San Francisco Business TimesThe potential buyout comes at a time when the value of cloud software companies like Coupa Software have plunged amid a general pullback on tech stocks.
Consulte Mais informação »
San Francisco couple charged with labor trafficking foreign nannyA San Francisco couple have been charged with several counts related to the working conditions of a nanny they brought to the United States from the Phillipines in 2019.
Consulte Mais informação »
San Francisco police may deploy robots as deadly force option, officials take up final voteSan Francisco's board of supervisors is slated to vote a second time on a policy that would permit using robots as a 'deadly force option' in limited scenarios.
Consulte Mais informação »