About: http://data.cimple.eu/news-article/5f83fcd8a95aaa1109d47ad7c7a71221bb2568b963067706988c3bca

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About: http://data.cimple.eu/news-article/5f83fcd8a95aaa1109d47ad7c7a71221bb2568b963067706988c3bca Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The San Francisco building that file hosting service Dropbox leases as its headquarters is being sold for a whopping $1.08 billion, its owners said on Monday. The price per square-foot (square-meter) for the building sale was a new high in the San Francisco commercial real estate market, according to its owner, Kilroy Realty Corporation. "This is a resounding sign that people are still excited to be a part of San Francisco and its future," San Francisco mayor London Breed said in a release. Dropbox, which provides data storage and other services hosted in the internet cloud, signed a 15-year lease for all the office space in the building in 2017, according to its owner, Kilroy Realty Corporation. It was unclear how much of the 750,000 square-foot (60,000 square-meter) office property is still being used by Dropbox given a shift to tech workers tending to their jobs remotely due to the pandemic. Dropbox announced late last year it was becoming a "Virtual First" company, with working from outside the office becoming the "primary experience " for its employees. Dropbox said in its latest quarterly earnings report that it planned to sublease a portion of its office space while keeping some for team collaboration. The tech firm reported $398 million in "impairment charges" in the final quarter of last year related to its leased space. Silicon Valley has seen departures of some of its high-profile stars as a pandemic-linked shift to remote work and political polarization have dulled the allure of the key tech industry hub. gc/rl
schema:headline	San Francisco home to Dropbox sold for $1.08 bn
schema:mentions	Political polarization Cloud computing Mayor of Chicago San Francisco Pandemic File hosting service London Breed Dropbox (service) The Tech (newspaper) Silicon Valley
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-03-08 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)

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