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From: hunter1 (Rep: 457)Date: 05/09/2017 14:27
Forum: ZYNGA INC. - Msg #2510Thread #673926040 (Rec: 0)
znga leasing building for about 15m a year

Airbnb Negotiating Big SF Office Expansion

By Cory Weinberg May. 08, 2017 10:57 AM PDT ·

Mentions Airbnb, Zynga and 4 others

Airbnb is deep in negotiations for what would be the biggest office lease in San Francisco this year, according to two people familiar with the matter. It would also make Airbnb one of the biggest office tenants in San Francisco, giving it room to grow as it heads toward a possible IPO next year.

The company is in talks to lease at about 250,000 square feet from the struggling gaming company Zynga, which has been quietly marketing half its building on Townsend Street a block from Airbnb’s headquarters on the edge of the city’s South of Market neighborhood. Proposed terms of the lease are unclear, but that amount of space could cost Airbnb about $15 million a year, given average rents in the neighborhood, according to real estate brokerage Cushman & Wakefield. A deal is expected to close by the end of the quarter, but could still fall apart.
Airbnb CEO Brian Chesky. Photo by Bloomberg.
Airbnb CEO Brian Chesky. Photo by Bloomberg.


https://www.theinformation.com/airbnb-negotiating-big-sf-office-expansion?shared=c61a97



any stock i buy or sell could be halted and go to zero at any time.if you can not lose it dont trade it.

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