Wednesday, April 12, 2023

"Salesforce Is Leaving A San Francisco Office Tower Bearing Its Name"

 From The San Francisco Standard, April 11:

Salesforce is ditching its remaining office space at 350 Mission St., listing 104,051 square feet for sublease at the tower known as Salesforce East.

That represents the last of its remaining office space at the tower, and is spread across six floors according to a listing viewed by The Standard. The SoMa high-rise became known as Salesforce East when the software firm leased the entirety of the building more than 10 years ago.

Salesforce, one of San Francisco's largest private employers, has been steadily dumping office space since the onset of the pandemic. It had already listed most of its space at Salesforce East, some of which has been absorbed by other companies, according to the San Francisco Business Times.

As of Jan. 31, the company’s San Francisco headquarters included around 1.6 million square feet of leased and owned property, not including 800,000 square feet subleased in San Francisco and another 700,000 square feet available for sublease. Last month, the SF Business Times reported that Salesforce listed six floors for sublease at Salesforce Tower....

....MUCH MORE, there is a lot of property being offered up in San Francisco. 

Also at The Standard:

Downtown SF Vandalism Shuts Down Key City Hall Meeting

They also feature good news but are much more honest than the Chronicle or SFGate about the bad news.