The office vacancy rate in the East Bay, not including Walnut Creek or further east, ticked up to 17.9 percent at the end of September, which includes 4.6 million square feet of un-leased space and 1.2 million square feet of space which has been leased but is sitting vacant... Read More »

As we outlined earlier this year: Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at 313 Duncan Street were then further refined. And the upgraded Noe Valley pad was sold to an employee at... Read More »

Purchased by the former CEO and co-founder of Twitter for $2.4 million in early 2009, the finishes of the Owen Kennerly designed home at 313 Duncan Street were then further refined. And the upgraded Noe Valley pad was sold to an employee at Genetech for $3.2 million in August... Read More »

Twitter is seeking to “immediately” sublease the entire seventh floor of its Mid-Market headquarters at 1355 Market Street, along with the entire fourth, fifth and sixth floors in the adjacent One 10th Street building. The four Market Square floors total over 180,000 square feet of space and represent nearly... Read More »

Back in 2014, when LinkedIn pre-leased the entire 450,000-square-foot building at 222 Second Street that’s slated to open its doors later this year with room for up to 2,500 employees, its stock was trading around $175 per share. As a plugged-in reader wrote at the time: “For tech companies... Read More »

Square is currently trading at $9.16 per share, which is 16 cents (2 percent) above the deeply discounted price at which it went public and $3.91 (30 percent) below the $13.07 per share price at which it closed its first day of trading with underwriter support in place for... Read More »

Plans to raze the Art Deco warehouse and body shop at 255-265 10th Street and build 50 residential units over parking for 50 cars and 1,000 square feet of new retail space upon the SoMa parcel which is zoned for development up to 55-feet in height were floated nine... Read More »

In an attempt to engineer a big post-offering pop, and avoid an infectious fizzle, Square (SQ) priced its shares, which will start trading Thursday, at $9 apiece. The $9 price is 18 percent below the low-end of the expected range and 42 percent below the $15.46 price at which... Read More »

As expected, Twitter’s Board of Directors has approved cutting up to 336 employees, or roughly 8 percent of its global workforce. It’s unclear whether this is tactical for the companies wellbeing or due to financial pressures. Other competitors like Instagram are favoured more than Twitter currently, with more opportunity... Read More »

While the number of employees to be let go has yet to be released, Twitter is reportedly planning a round of company-wide layoffs next week.  And according to Re/code, “insiders say it will likely affect most, if not all, departments” (i.e., engineering won’t be spared). Twitter had around 4,200... Read More »