Tech companies, which are gobbling up all of San Francisco's commercial square footage, can't seem to get enough of this town. Ride-sharing app Lyft (yes, the pink mustache one) is looking for a larger San Francisco building to call home. The company is currently operating out of a smallish place in San Francisco, and competes with San Francisco-based ride-sharing companies like Uber and Sidecar. The company's so eager to work in San Francisco that it's put cash down for a temporary space in SoMa at 185 Clara Ave. "It buys them time to evaluate what they are going to do," said a broker representing Lyft. "It's short-term swing space." The deal is for one year and is costing $50 per square foot. The company has another San Francisco office at 566 Brannan St. Lyft hopes to a find a permanent space that will be around 60,000 square feet.
· Square Footage Fever [Curbed SF]
· Moving on Up [Curbed SF]
· On prowl for S.F. HQ space, Lyft grabs quick fix [SF Business Times]