Google to Exit Iconic San Francisco Office Amid Real Estate Strategy Shift
Tech giant Google plans to vacate its Spear Tower office at One Market Plaza, redirecting focus to other local properties.
- Google will not renew its lease for the 300,000-square-foot office space, set to expire in April 2025.
- The company will maintain its presence in the smaller Landmark building within the same complex.
- This move is part of a broader strategy to optimize real estate for a hybrid workforce.
- High office vacancy rates in San Francisco underscore the changing dynamics of workplace needs.
- Google's real estate adjustments follow a trend of reducing office space to align with workforce reductions.