The company that inked San Francisco's largest office lease of 2021 has become the latest tech firm to opt out of its headquarters space as available sublease space in city has topped 10M SF.
Fintech firm Chime is offering the top two floors of its six-floor, 194K SF of space at 101 California Street for subleasing, according to a CoStar listing. The company never occupied the two floors, which encompass about 36K SF.
With tech companies the earliest adopters of remote work, San Francisco has suffered the most severe office occupancy malaise of any large market in the US as some of the highest-profile tech players headquartered in the City on the Bay have downsized their office footprints.
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