Pinterest will further reduce its office footprint in downtown San Francisco, the San Francisco Business Times reported on Tuesday.
The company will pay at least $100M to consolidate office space in San Francisco, retaining its headquarters at 651 Brannan St. while vacating office space at 505 Brannan St. and 149 Bluxome St., the company said in a Securities and Exchange Commission filing submitted on Monday.
“The company currently intends to continue to pay all contractual rent payments but plans to sublease all or a portion of our office space at 505 Brannan Street and negotiate early lease terminations, which could materially affect the company’s…
Source: Pinterest Looks To Further Reduce San Francisco Office Space
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