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Relocate, Then Shrink: Another Tech Giant Downsizes Its San Francisco Office Footprint

Reddit Prepares To Move Headquarters to Smaller Location After Adopting Flexible-Work Policy
Reddit has leased less than 50,000 square feet for a new headquarters location at 303 Second St. in downtown San Francisco. (CoStar)
Reddit has leased less than 50,000 square feet for a new headquarters location at 303 Second St. in downtown San Francisco. (CoStar)
CoStar News
March 20, 2023 | 9:40 P.M.

San Francisco tech companies are moving to downsize their real estate footprints in the city, taking advantage of lease renewals and adapting to new flexible-work policies in order to offload unwanted space.

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