Do you love Twitter so much that you would consider splitting a place with it? Well, here’s your chance: The sprawling social network is offering subleases on nearly a quarter of its iconic Market Street headquarters.
Up to a 184,000 square feet of the 750,000-square-foot two-building locale will soon be available to tenants, according to the San Francisco Business Times.
A quick fact checking perusal of the sales materials reveals that, yes, this is the case. However, the company’s name is never mentioned.
The initial offer is a three- to five-year deal on nearly 79,000 square feet on the seventh floor of the company’s Market Street building, plus similar terms for three 35,000-square-foot offices on floors four through six of the related 10th Street building.
With great fanfare, Twitter moved into the noted 1937 art deco building in 2012, after getting a major tax break from the city. This isn’t the first time the company has floated a sublease, but the volume of space being shopped around here is liable to turn some heads.
What’s behind the sudden offer? Well, we’re not in the business of analyzing the tech market here at Curbed, but it may not be a coincidence that most Twitter headlines these days focus on its problems raising revenue to please investors.
Well, they’ve probably got the room to spare. Despite its high profile, Twitter claims fewer than 4,000 employees worldwide.
- Twitter Lists Subleases [Business Times]
- Market Square sublease [CRESA]
- Twitter’s Biggest Problems Remain [The Verge]