San Francisco’s commercial real estate is just as limited as its residential market, but if startups and business owners are looking to buy a new office, there might be one in the city’s Financial District.
Construction is an ongoing process, but that doesn’t mean it is all that affordable. Recently, Turkish investors purchased their third commercial building on 332 Pine Street, costing the company about $470 per square foot, the San Francisco Business Times reported.
However, entrepreneurs and startups don’t have to wait for the renovations from this structure because six blocks away, about a 10-minute walk from Pine Street, there might be a lot open. At 600 Battery Street, the Mullen Advertising office may have just closed its doors. While MediaBistro and MediaPost report that have not heard back from Mullen yet, but there are signs that the advertising agency is on its way out.
Based out of Boston, the agency has six locations altogether, two of them are in California. However, both media outlets have received anonymous tips that the northern California office decided to close, limiting operations to the Los Angeles location. The 600 Battery Street site opened in 2012, with the intent to serve as a “talent hub.”
“While we look into the situation, it does appear that we were correct in our assumptions that Mullen SF chief digital officer Stephen Goldblatt was no longer with the agency,” MediaBistro explained.
Currently, Goldblatt’s LinkedIn profile summary also reads that he is “available for freelance opportunities.”
Before you think that leasing the 600 Battery Street office is not financially feasible, think again. We are aware that commercial furniture can be expensive. In fact,Quality Office Liquidations was created for providing very affordable commercial furniture.
Our quality office furniture showroom has a variety of pieces that fit in any work environment. Whether or not your staff wants to operate in a more private cubicle setting or in an open-floor setup, we have everything you need for a fraction of the cost.