

“With more employees working remotely we’re reducing some of our footprint in San Francisco, but we will still maintain our HQ office there,” the crowd-sourced reviews company said in a statement. The magic of Dropbox is it allows you to. Yelp's San Francisco headquarters at 140 New Montgomery St. Dropbox, a popular technology company that allows millions of people to access, share, and collaborate on their files so they can be more productive at home and at work, recently reached out to interior design firm Rapt Studio, to revamp their 300,000 square-foot headquarters in San Francisco. In January, Digital Realty - a tech support company that employs around 1,500 people worldwide - announced its headquarter's relocation to Austin, the tech capital of Texas. Salesforce, which employs over 9,000 people in the Bay Area, announced in February its “Work From Anywhere” strategy, estimating that more than 65% of employees will adopt the new system, based on a company survey. In February it was revealed that Uber was looking to unload a large chunk of office space, also in Mission Bay, before they had even moved in. In our internal surveys most employees say they’re able to be productive at home (nearly 90%) and don’t want to return to a rigid five-day in-office workweek.” “We believe the data shows the shift to remote work, though abrupt, has been successful overall,” the company said in a blog post at the time. In October, Dropbox made the announcement that the office-to-home shift was permanent. The astounding sale marks yet another major tech firm pulling out of San Francisco office space as working from home becomes the new normal. The 750,000-square-foot property known as The Exchange is being off-loaded at around $1,440 per square foot, breaking the price-per-square-foot San Francisco record. The sale, which is expected to close before April, will mark the second-largest transaction for a single property in the city's history, falling only behind the $1.2 billion sale of the Embarcadero Center in 1998, a much larger complex.
