About 18 months after it announced its intention to renew the 367K SF lease on its San Francisco headquarters, Levi Strauss & Co. finally has inked a deal for the space at 1155 Battery St.

However, the HQ renewal deal—the second-largest office lease renewal since in San Francisco since the beginning of the pandemic—isn't completely good news for the city's beleaguered office building owners, who have been struggling to fill persistent vacancies.

The deal came with a caveat: Levi Strauss also indicated that it plans to list 100K SF of the HQ space for sublease, according to a report in the San Francisco Business Times.

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