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0.000107146683810191 -0.000750026786670879 0.00016072002571521 0.00107039537126332 0.000642880102860841 0.00032144005143042 -0.00117861352191149 -0.00117861352191149
Stock impact report

Exclusive: Juul paid $400 million for this S.F. tower. A new deal values it at a fraction of that [Yahoo! Finance]

Prudential Financial, Inc. (PRU) 
Last prudential financial, inc. earnings: 2/4 04:18 pm Check Earnings Report
US:NYSE Investor Relations: investor.prudential.com
Company Research Source: Yahoo! Finance
The 29-story office tower at 123 Mission St. in the heart of San Francisco's Financial District has been sold, and serves as a poignant example of the rise and fall of the city's pre-pandemic tech boom. Juul Labs , the embattled electronic e-cigarette maker, purchased the 360,000-square-foot office building three blocks from Salesforce Tower in 2019 for nearly $400 million during a phase of rapid growth when tech properties were booming. The tower was meant to house the company's large local workforce. But as the pandemic swept over the city in 2020, 123 Mission had become a poster child for the real estate market collapse, struggling with significant vacancy and multiple failed attempts to lease and sell the property. While the tower was meant to serve as Juul's headquarters, the company left San Francisco without ever fully moving in its workforce - once estimated at 3,000 employees. Juul was still based in the Dogpatch area when it purchased the Financial District skyscraper f Show less Read more
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