Wells Fargo, San Francisco
The Real Deal · 1d
Is Wells Fargo poised to take an express stage out of San Francisco?
It’s not clear what will befall the Wells Fargo stage coach in its ground-floor window. For now, Wells Fargo said it will mark its official headquarters at 333 Market Street, where it occupies 620,000 square feet. Meanwhile, its leadership has an aversion to San Francisco.
Bisnow · 3d
REPORT: Wells Fargo To Sell San Francisco HQ
Wells Fargo hired the real estate investment bank Eastdil Secured as an adviser on the sale. A spokesperson told the WSJ the bank routinely evaluates its real estate portfolio “to ensure we are best meeting the needs of employees and customers, responding to consumer and economic trends, and managing our costs responsibly.”
The Business Journals · 2d
Wells Fargo’s plan to sell headquarters could be prelude to moving bank’s base out of S.F.
Wells confirmed plans to list its headquarters building for sale, as reported in the Wall Street Journal Tuesday. The bank’s 409,000-square-foot headquarters could be listed as soon as this month, and reflects the bank’s ongoing shrinking real estate footprint in the city.
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