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How Is Remote Work Reshaping Property Demand? Check Out PayPal's Closing of This San Francisco Office.

Payments Platform Becomes Latest Tenant To Vacate Downtown Tower as Companies Tweak Real Estate Needs
PayPal will close an office it has been using for more than seven years as it retools its real estate to adjust to remote work. (Clinton Perry/CoStar)
PayPal will close an office it has been using for more than seven years as it retools its real estate to adjust to remote work. (Clinton Perry/CoStar)
CoStar News
April 28, 2022 | 12:53 AM

Downtown San Francisco is losing another high-profile tenant as the long-term fallout of remote work and flexible schedules adopted in the pandemic reshape office demand across the country.

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