Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens::San Francisco is seeing its highest office vacancy rate since at least 2007 as Dropbox and other companies allow employees to work from home

  • The Dark Lord ☑️@lemmy.ca
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    9 months ago

    If you treat commercial real estate as any other investment, you want to sell when it’s high. I don’t understand all these companies doubling down on Return to Office, just to have their commercial real estate value plummet later. Dropbox has it right. Get rid of it now.