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CommercialFeaturedINDUSTRY news

San Francisco Sublease Market At 6.6 Million Square Feet as Tech Companies Shed Space

Technology firms account for 82 percent of available sublease inventory while some companies pursue premium relocations San Francisco’s sublease market has swelled to...

Meta Okta Airbnb Lyft Slack Zynga Netflix Andreessen Horowitz
CommercialINDUSTRY news

Meta Plans $2B in Charges to Get Out of Leases in 2023, Already Spent $1.3B in Second Half of 2022

By Vladimir Bosanac The economic realities are hitting one of the world’s largest technology firms. In its third-quarter earnings call earlier this week,...

CommercialINDUSTRY news

Airbnb Adds 150,000 SQFT of Sublease Space to San Francisco Market as Shift to Flexible Workspace Arrangements Becomes More Permanent

By Vladimir Bosanac While some positive leasing news has emerged over the last two quarters in San Francisco, permanent change to workplace strategies...

AECCommercialINDUSTRY newsNews Releases

Zynga Celebrates Opening of 62,000 SQFT San Mateo Headquarters

Welcomes Teams to Brand New Connected Bay Area Offices San Mateo, CA – September 19, 2022 – Zynga Inc., a wholly-owned publishing label of Take-Two...

San Francisco Oakland Lyft TMG Partners Los Gatos Twitter KKR Netflix Zynga Slack Andreessen Horowitz
CommercialFeaturedINDUSTRY news

Lyft Shedding Lots of Space in Sign of Office Leasing Trend

By Vladimir Bosanac Another technology company is looking to reduce its office footprint across the country. San Francisco-based Lyft is planning to reduce...

CommercialINDUSTRY news

Zynga Places its 185,000 SQFT San Francisco HQ on Sublease Market

By Vladimir Bosanac In a sign that challenging times for some San Francisco-based tenants is far from over, the venerable gaming company Zynga...

CommercialINDUSTRY news

Airbnb Puts 300,000 SQFT 650 Townsend in San Francisco on the Sublease Market; Looks to Reorganize in Light of Losses

By Vladimir Bosanac While office leasing activity across San Francisco may be starting to reanimate in the new cycle, it is obvious that...

CommercialFinanceINDUSTRY newsNews Releases

Zynga Enters Into $600MM Sale and Leaseback with Beacon Capital for San Francisco Headquarters

Zynga to Lease Back Space and Remain Headquartered in San Francisco (EDITOR’S NOTE: The sale of the 670,000 square foot building located at...

Beacon Capital Partners, Boston, Zynga, San Francisco, TMG Partners, Airbnb, iRhythm, Levi Strauss, Eastdil Secured, Levi’s Plaza
CommercialFinanceINDUSTRY news

Beacon Capital Partners Likely Buyer of Zynga Building in San Francisco for Around $700MM

By Jon Peterson Boston-based Beacon Capital Partners is the likely buyer of the 670,000 square foot Zynga building in San Francisco for around...

Beacon Capital Partners, Boston, Zynga, San Francisco, TMG Partners, Airbnb, iRhythm, Levi Strauss, Eastdil Secured, Levi’s Plaza
CommercialFinanceINDUSTRY news

Zynga Again Looks to Explore Selling Its 670,000 SQFT Headquarters in San Francisco

By Vladimir Bosanac Just seven years ago, Zynga was riding high. The San Francisco-based gaming company was associated at the time with games...

CommercialFinanceINDUSTRY news

Prometheus Spends $132.5MM for Mountain View Site Planned for Housing

By Vladimir Bosanac San Mateo-based Prometheus Real Estate Group purchased Mountain View offices located at 675-685 East Middlefield Road for a reported $132.5...

Beacon Capital Partners, Boston, Zynga, San Francisco, TMG Partners, Airbnb, iRhythm, Levi Strauss, Eastdil Secured, Levi’s Plaza
CommercialFinanceINDUSTRY news

Airbnb to Pay Zynga $167.7MM Over 9 Years for Building Lease in San Francisco

By Vladimir Bosanac San Francisco-based Airbnb, the online vacation rental booking platform that signed a nine-year, 287,000 square-foot lease at Zynga’s headquarters buildings...

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