Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday March 01, 2016

Uber's Real Estate Footprint Unmatched Among S.F. Bay Area Startups

According to Reuters, Uber is buying up a ton of real estate in the bay area. In fact, the company now has more real estate in the San Francisco Bay area than any other startup.

Uber's new Oakland headquarters is about four times bigger than Internet radio service Pandora Media's office nearby, and will house about five times the number of employees that ride-hailing competitor Lyft has at its headquarters. The on-demand ride service paid $123.5 million for Oakland's historic Sears building last year and has so far filed building permits to complete at least $2 million in renovations, according to BuildZoom, a startup that compiles construction and remodeling contractor data for homeowners.