San Francisco Subleases Climb as Square Lists Office Space
Square Adds to the Sublease Spike in San Francisco
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Square Inc. is putting part of its San Francisco headquarters space on the market, joining a growing number of technology companies subleasing offices in the city after planning for future expansion.
Square, the mobile-payments company co-founded by Twitter Inc. Chairman Jack Dorsey, is offering for sublease 50,000 square feet (4,600 square meters) on two floors at 1455 Market St., according to brokerage Savills Studley Inc. In the same building, Rocket Fuel Inc. put 50,000 square feet on the market earlier this year.