Yelp downsizes San Francisco HQ, delays return-to-office plans

Tech firm will take up three floors at 350 Mission St. as it reevaluates its office space needs

San Francisco /
Sep.September 09, 2021 03:00 PM
350 Mission in San Francisco and Yelp CEO Jeremy Stoppelman (SOM, Getty)

350 Mission in San Francisco and Yelp CEO Jeremy Stoppelman (SOM, Getty)

For its San Francisco office, Yelp has left a poor review.

Amid a broader reevaluation of its office footprint, the San Francisco-based tech company is moving to a new location at 350 Mission Street, where it will occupy 53,596 square feet across three floors — about one-third the size of its current office at 140 New Montgomery Street, according to a Yelp spokesperson.

“While we plan to continue to have offices in the cities where we’re currently located, we no longer need the same amount of space that we had in the past,” the company wrote in an announcement Thursday.

Yelp will continue with its plans for a hybrid model at its headquarters as well as offices in New York, Chicago and London, among others, albeit with some changes. The reopening of its Phoenix office, originally planned for August as a pilot of the new hybrid setup, has been pushed back to Sept 15 due to concerns over the Delta variant. All other offices, including the new San Francisco one, will now open either later this year or early next year, the company said.

Earlier this year, Yelp placed some of its New York office space — at SL Green Realty’s 11 Madison Avenue and at 200 Fifth Avenue — on the sublease market.





    Related Articles

    arrow_forward_ios
    EverWest acquired a Maspeth warehouse from Wharton for $57M
    EverWest acquired a Maspeth warehouse from Wharton for $57M
    EverWest acquired a Maspeth warehouse from Wharton for $57M
    Google CEO Sundar Pichai and St. John’s Terminal at 500 Washington Street (Getty, COOKFOX Architects)
    Google’s $2B deal spurs optimism for NYC’s pandemic-battered office market
    Google’s $2B deal spurs optimism for NYC’s pandemic-battered office market
    Google CEO Sundar Pichai (Getty/Illustration by Kevin Rebong for The Real Deal)
    Google says it won’t claim NYC tax breaks
    Google says it won’t claim NYC tax breaks
    Housing Court is back and order shall rule: Scheduled first appearances and capacity limits will accompany in-person hearings when they resume mid-October. (iStock)
    Housing court is back — with boundaries
    Housing court is back — with boundaries
    Covid surge dims enthusiasm for ICSC Vegas conference
    Covid surge dims enthusiasm for ICSC Vegas conference
    Covid surge dims enthusiasm for ICSC Vegas conference
    Bronx Section 8 housing, West Village dorm top mid-market sales
    Bronx Section 8 housing, West Village dorm top mid-market sales
    Bronx Section 8 housing, West Village dorm top mid-market sales
    Gravity CEO Moshe Cohen and Related CEO Jeff Blau (Getty, Gravity)
    Related partners with electric vehicle startup to bring charging stations to NYC
    Related partners with electric vehicle startup to bring charging stations to NYC
    (Adam Popper via LinkedIn)
    Adam Popper joins Thor Equities as VP of acquisitions
    Adam Popper joins Thor Equities as VP of acquisitions
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...