eBay Shuts San Francisco Office and Consolidates in San Jose

Online auctioneer eBay will shutter its 30,000-square-foot office at 300 Mission Street in San Francisco and move the onsite staffers to San Jose, according to paperwork filed with state officials.

The tech firm said its sublease at 300 Mission is expiring, and the closure is scheduled for Sept. 30, the San Francisco Chronicle reported. According to the Worker Adjustment and Retraining Notification required by the state, 198 workers will shift to eBay’s headquarters at 2025 Hamilton Avenue in San Jose. The online auction firm doesn’t anticipate any layoffs.

The affected employees are software engineers, applied researchers, directors and financial analysts.

Paramount Group, owner of the 660,000-square-foot building, has seen other tenants exit the premises. In 2022, AutoDesk vacated about 117,000 square feet as it consolidated and accommodated the hybrid work schedules preferred by employees. Recruiting website Glassdoor exited the final two floors of its headquarters at 300 Mission in 2024, with the decision to go fully remote. The company decided to sublease the space, and eBay took it. Also, the 23-story building previously hosted the headquarters of Blue Shield of California Foundation, but it’s now located in offices at 315 Montgomery Street.

Unrelated to its latest move, eBay let go about 800 workers, or 6 percent of its payroll, in February. Of that total, 28 workers were at 300 Mission and 243 at Hamilton Avenue in San Jose. The publicly traded company reported a total of 12,300 employees at the end of 2025.

Landlord Paramount Group owns five office buildings in San Francisco and 11 in New York. Last year Rithm Capital acquired the company for $1.6 billion, with Rithm CEO Michael Nierenberg now looking to sell off some of the properties.

Meanwhile, the Securities & Exchange Commission is looking into past deals by Paramount Group, The Real Deal previously reported. The investigation centers on company disclosures, executive compensation and corporate governance.

– Joel Russell