A familiar face has emerged as a buyer for 351 California St.: Tidewater Capital, which with its capital partner Goldman Sachs listed the building for sale last fall.
Twilio signed on to lease more than 83,000 square feet at Rincon Center on a direct basis, backfilling space it has subleased from Salesforce since 2018.
As a pandemic-era trend of downsizing winds down, 75% of business leaders in San Francisco say they are planning to expand their office footprints in the city, per a KPMG report.
Lenders signaled foreclosure is on the table for 2700 Sloat Blvd., the site of a defunct proposal for a controversial 50-story tower, even as current ownership has been readying to sell the property in recent months.