EMERYVILLE, CA—The partnership of Harvest Properties and Invesco Real Estate has signed Yelp to a 102,324 square foot lease at 55 Hawthorne Street in San Francisco. The deal is Yelp's first lease with Harvest and Invesco. Lease terms were not disclosed.
Yelp will occupy approximately 74% of the 11-story, 138,092 square foot office tower which was built in 1970 and features 17,000 square foot floor plates and a five-level, 348 stall parking garage. The company also negotiated the right to expand by another 34,000 square feet by 2018.
"Yelp was founded in San Francisco 10 years ago, and we're committed to keeping our home base in the city and continuing to fuel the local economy with jobs and employee spending," said John Lieu, head of facilities at Yelp. "Our company has been fortunate enough to see continued growth, and we're excited to be opening an additional San Francisco office space at 55 Hawthorne Street, or 55 as we affectionately call it, located within walking distance of Yelp's existing headquarters."
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