The Joy Of Tech Comic Tech Companies As Christmas Icons. (1)

In the past six years San Francisco’s tech-fueled economy has pushed rents to all-time highs, sparked a large building boom, and made the Bay Area one of the dynamic and expensive areas on the earth. Many companies which were in San Francisco for years and are coping with burdens like snarled traffic and the disruption of major development tasks feel their rents ought to be happening, not up. For those tenants, making a compelling case to their landlord that a high hire goes to be the catalyst that forces them to downsize to a smaller house or transfer out of the town may help get concessions in a lease negotiation.

This sale would hold their corporate headquarters in San Francisco, however downsize their footprint within the building, while cashing out of a long-held real estate asset that has appreciated significantly in the previous couple of years. We have one of …