Splunk vacates SF headquarters, trims 100K sf in move next door

Splunk, a data analytics company based in San Francisco, will vacate its avant garde headquarters in South of Market and consolidate it in a former salami factory next door.

The firm will soon exit its 215,000-square-foot home at 270 Brannan St., a custom-built headquarters owned by Mitsui Fudosan America, the San Francisco Business Times reported. Real estate services firm JLL is now working to lease the five-story building.

The analytics company will shift employees to a 100,000-square-foot building at 250 Brannan St. which is owned by Kilroy Realty. Splunk is a longtime tenant of the smaller building – a three-story brick building that was built in 1907 and once served as the plant for Gallo Salame – and has a lease through 2031.

“San Francisco remains Splunk’s headquarters,” a spokesperson told the business journal in an email. “We are consolidating our operations to a newly renovated office space at 250 Brannan, where Splunk began.”

The move comes as many companies rethink their office space as the work-from-home trend becomes a factor even as the pandemic wanes. It also follows a recent $20-billion-plus takeover bid by networking giant Cisco to acquire Splunk.

Splunk, founded in 2003 by Michael Baum, Rob Das and Erik Swan, expanded into 270 Brannan in 2016 after doubling its employee headcount that year.

The open-floor building, designed by SoMa-based Pfau Long Architects, provided space for 1,000 workers, with San Francisco-themed floors, a bar, coffee shop, and a central atrium topped by a glass roof. A sculptural disc collects rainwater from a glass canopy overhead.

Its top floor has a community space with a wellness center, yoga room, games and televisions, according to a JLL brochure. The interior was designed by Revel Architecture & Design.

Splunk now has more than 200,000 square feet of office space on the market, adding to the city’s available office space. Earlier this year, office vacancy in San Francisco fell slightly to 22 percent, after reaching a historic high amid the pandemic.

[San Francisco Business Times] – Dana Bartholomew

Read more

San Francisco

PayPal subsidiary trades office in DTSF for remote work, San Jose option

San Francisco

Does Musk’s move mean Twitter HQ is bound for Texas?