Wells Fargo plans to sell the building that houses its San Francisco headquarters and relocate to another office in the city, the company confirmed via email on Friday. The company will sell the property at 420 Montgomery St.

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.

Wells Fargo is set to sell its San Francisco headquarters, part of a broader shift in the bank’s power base to the East Coast. The office at 420 Montgomery St. in San Francisco’s Financial District could be put on the market as soon as this month,

Wells Fargo is set to sell its San Francisco headquarters, the Wall Street Journal reported on Tuesday, as the U.S. banking giant shifts its focus to the country's East Coast.

Wells Fargo plans to list its longtime San Francisco headquarters for sale in what could mark a significant shift in its real estate footprint in the city's downtown.

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.”

Bank will shift its official hub to 333 Market Street, while its top  executives work in New York and Charlotte.

Wells Fargo plans to sell its headquarters building in San Francisco and relocate to nearby offices, citing a need for a more collaborative work environment.

Wells Fargo is planning to move out of its longtime San Francisco Financial District global headquarters, according to the banking giant.

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.