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Salesforce cuts back on S.F. office space, canceling lease at unbuilt Transbay tower
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A rendering of the planned Parcel F tower where Salesforce canceled its lease.Steelblue /Show MoreShow Less
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Salesforce has canceled its lease at the unbuilt Parcel F site, seen in 2019.Liz Hafalia / The Chronicle 2019Show MoreShow Less
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Parcel F seen in 2019.Liz Hafalia / The Chronicle 2019Show MoreShow Less
Exclusive Update: Salesforce is listing part of its San Francisco offices at 350 Mission St. for sublease. Go here for the latest information.
Salesforce has canceled its 325,000-square-foot lease at the unbuilt Parcel F tower in San Francisco’s Transbay district after the company adopted a permanent remote work policy.
Salesforce cancels huge downtown office lease in SF
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File photo of the Salesforce Transit Center nearby the tower planned for 542-550 Howard St.MediaNews Group/The Mercury News via Getty Images/MediaNews Group via Getty Images
Salesforce, the city’s largest private employer, has canceled its 325,000-square-foot lease at the unbuilt Parcel F tower in San Francisco’s Transbay neighborhood, as first reported by the San Francisco Business Times.
The company announced in February that more than half of its workforce will continue working remotely or on a flexible schedule after the pandemic is over. It is also subleasing part of its offices at 350 Mission St., according to the San Francisco Chronicle. (SFGATE and The San Francisco Chronicle are both owned by Hearst but operate independently of one another.)